$TSLA dropped on earnings (as suspected) but it's already bouncing 2% and that's exactly why just buying straight puts to express you bearish views is very risk, especially before earnings with implied vol pumped. This is why you need a framework that takes into account the Greeks and points you towards more effective directional trades that don't crushed by THETA and VEGA. We banked over 100% on out put fly this morning even after the stock bounced. If you struggle to find the right trade that doesn't just buy expensive earnings vol maybe we can help. I built this cheat sheet to give people a simple guide that helps identify the trade that reflects your view on both spot and volatility. Like + comment “CHEATSHEET” + repost (must be following so I can DM you)
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