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[Options Premium] Positioning for an Earnings Pop

October 11, 2024

This trade gets classified as a "Hard Trade."

The stock has had a strong runup in recent weeks. Some traders have a hard time buying stocks making highs.

I don't.

But with implied volatility relatively cheap right now in this stock, an earnings event on the horizon, and a potential "two-hundred-dollar-roll" looming ahead, this feels like the right time to take a defined risk shot.

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