Options traders salivate over earnings season. The prospect of a stock snapping higher or lower in a matter of minutes could make for a handsome payday if you're on the right end of the trade.
But, let's face it, there are times that a company is about to announce earnings but we have absolutely no idea whether they will be good or bad. Will their stock price explode higher? Or will it crumble?
Fortunately, we don't have to know to make money. The options trade we'll show you today uses a strategy that can make you money no matter which direction the stock goes, just as long as it moves. And this trade doesn't require a PhD in mathematics or an expensive brokerage account. It's simple enough to do on popular trading platforms like Robinhood or WeBull.