Earnings season is kicking off with big names like TSM, JPM, WFC, BAC, GS, JNJ, and AXP reporting this week. Learn how to find option trade ideas using Barchart’s Stock Screener, focusing on companies with good option volume and upcoming earnings dates between October 13-17.

Using the Stock Screener, filter for Total Call Volume over 1,000, Market Cap over 10 billion, and the latest Earnings Date between October 13-17 to identify potential trading opportunities with good option volume and upcoming earnings releases.

By applying an iron condor strategy to TSM, traders can aim to profit from a drop in implied volatility while limiting potential losses. Calculating the maximum profit, maximum loss, and profit zone helps manage risk in this type of options trade over earnings.

Short-term trades like iron condors over earnings are high risk and not recommended for beginners due to limited adjustment opportunities. Traders must understand the risks involved, practice proper position sizing, and consult a financial advisor before engaging in options trading.

Trading options over earnings can be lucrative but risky, especially for short-term trades. It’s crucial to understand the risks involved, practice proper risk management, and consult a financial advisor before making any investment decisions. Options trading carries the risk of losing 100% of the investment, so caution is advised.

Read more at Yahoo Finance: Turn Market Volatility Into Income This Earnings Season