Option Strategy Question

Hello guys, i am hoping to get your take in this option strategy for small account. Let's say a stock will have ER report in 2 weeks. I will buy one call contract $3-$5 higher than the current price and one put contract $3-$5 below the current price. The expiration date will be 2 weeks after ER to avoid theta hurting my contracts. Given the assumption that price may drop or rise at a substantial price. What is your take on this strategy?

submitted by /u/VastFreedom7
[link] [comments] https://www.reddit.com/r/stocks/comments/12c8ug2/option_strategy_question/
Created 2y | Apr 5, 2023, 7:21:06 AM


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