Earnings plays feel like free money. Big move incoming. Just grab some options and wait, right?

But here’s the truth: earnings lottos are usually a donation to the market. You’re buying overpriced contracts, volatility is maxed out, and even when you’re right, IV crush destroys the premium. You end up right on direction and still lose money.

Been there. Not doing that again.

Here’s the Better Move:

1. Skip the lotto the night before.
2. Wake up and check how the stock moved pre-market.
3. Let the market open. Wait.
4. If it breaks the pre-market high or low with volume, take the trade.

That’s it. You’re trading with actual information instead of betting on an earnings coin flip. No guessing. No gambling. Just reacting to price.

Why It Works:

• The emotion is baked in.
• You’ve got clear levels to work with (PM high/low).
• You avoid paying for inflated IV.

It’s not sexy. It’s not a 1000% overnight banger. But it works. And it’s repeatable.

Final Thought:

Let the degenerates buy earnings lottos and post L’s. You can sit tight, wait for the break, and take a real trade in the morning.

No guesswork. Just discipline.