Reddit reviews The Volatility Edge in Options Trading: New Technical Strategies for Investing in Unstable Markets
We found 2 Reddit comments about The Volatility Edge in Options Trading: New Technical Strategies for Investing in Unstable Markets. Here are the top ones, ranked by their Reddit score.
http://www.amazon.com/Volatility-Edge-Options-Trading-Strategies/dp/0132354691
http://www.amazon.com/s/ref=nb_sb_noss_2?url=search-alias%3Dstripbooks&field-keywords=volcube
http://www.amazon.com/Complete-Guide-Option-Selling-Options/dp/0071837620/
http://www.amazon.com/Option-Traders-Hedge-Fund-Framework/dp/0132823403
I rather explore the approach to trade before earnings and sell it before the announcement. It doesn't matter which direction the stock moves, you profit from the rising implied volatility. After earnings are announced, volatility collapses and many trades become unprofitable.
Start with reading this book by Jeff Augen to understand how it can be done.
With AMZN, I find that selling calendar spread before earnings are a more profitable and consistent trade.
The most important setup is position size. Always allocate many small trades and don't let greed increase the weight on a single position. Options is about probabilities, so consistency in execution is paramount to succeed overtime.