How does one use options to improve the probability of profit in stock trade? Here's an example involving a casino stock reporting earnings this week. Gaining an edge on MGM trade before earnings Let's use MGM Resorts International , which will be reporting earnings on Tuesday, as an example. The following chart depicts the 1 month returns for MGM over the month following the last 44 reported quarters. Stock was higher 26 of 43 instances a month following earnings, or ~60% of the reported quarters.

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Persons: Blair Hull, Goldman Sachs, Stock Organizations: Casinos, Hull Trading, Pacific Exchange, MGM, MGM Resorts International, MGM Resorts Locations: Las Vegas