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