Option Strategies for Earnings Announcements: A Comprehensive, Empirical Analysis

Preface

Do you find yourself intimidated by stock market volatility? If so, you are not alone. Nowadays, more and more investors are intimidated by the volatility that has become the norm. After the crash in 2008, the next three years were characterized by extremely bumpy rides as well. In 2009, you saw your stocks tank by 20% in a little over two months. Just as you completely lost faith in the equity market, one of the most spectacular rallies in history began. In both 2010 and 2011, you enjoyed a strong rally in the first few months of the year, and then, all of a sudden, the market was plagued by deep worries about the European debt crisis and the prospect of global economic recession or worse. Major indices lost 20% and the bears predicted ...