Some people go looking for earnings plays and trade both sides. I've only tried it on FSLR and CHK. That was because I trade these regularly and felt comfortable with them.
I could have won last quarter on FSLR if I would have sold both the calls and the puts before the close. The premiums build up prior to the e/r due to heavier demand and I picked my entries carefully. I ended up losing on all of them because the price didn't do diddly squat after the earnings and the premiums eroded.
This time, I made out bigly with FSLR and CHK both. I got lucky on FSLR and sold the puts for a 40% gain before the e/r and held the calls. I also got lucky on CHK because I bought twice as many calls as puts. I tried to even it up and the put order didn't go through. As it worked out, I screwed up just right. 'tis better to be lucky than good.
News 
Market Data 
Discover 
AI
