The FAANGs came back to life today, which has me eyeing some directional trades into the end of the year in these names. Let's look at Amazon, and I'll explain how I set up butterflies using my signature 'Stacked Profits' strategy.

I joined “TraderTV Live” to discuss my options ideas on Tesla (TSLA) as well as my thoughts on the recent news from Elon Musk. I also cover what I'm looking for in FedEx (FDX), Snowflake (SNOW), and my thoughts on the overall market.

Earnings season provides a distinct opportunity for traders, particularly options traders that can take advantage of the unique facets of options throughout earnings season.

During this pre-earnings boot camp, Danielle explains why earnings are critical for traders to understand, key patterns and stats traders should look for, and the best trading opportunities available throughout earnings season.

For more analysis, check out: https://www.fivestartrader.com/options-trading-opportunities-throughout-earnings-season/

To learn more about Danielle's stats tool, click here: https://bit.ly/Hot-Zone, and follow Danielle on Twitter for key earnings season setups, analysis, and more! https://twitter.com/traderDanielle

Today, the indexes made new lows on the year, the 10-year made new highs, and bitcoin fell almost 20%.

But, you know what else made new highs?

The put/call ratio is at levels not seen since March 2020. That means a massive short squeeze is brewing.

I don't hedge often, but when I do, the charts look like they do now. Here is a low-cost, high-reward method of hedging using the SPY and a bearish butterfly.

Companies often statistically make significant moves before earnings, and those moves are more than likely to be to the downside in this bear market.

Let's analyze two tickers with a statistically high shot of trading lower before earnings — Roku (ROKU) and Shopify (SHOP).

I'll show you how I use the Earnings HotZone to determine pre-earnings trades.

In the options market, I love trading using directional butterflies.

I use this strategy because it has an excellent risk to reward, it's a great way to be directional, and the percentage gains are typically more than what you'd see with calls or spreads.

During this session, I break down what a butterfly is, the key factors you need to set one up and discuss several examples.

Successful traders are taught. Watch this video to discover Danielle Shay's must-read trading books.

0:00 Introduction

0:20 Fibonacci Trading By Carolyn Boroden

1:25 Mastering The Trade By John Carter

2:18 Follow The Smart Money By John & Pete Najarian

3:20 Trading In The Zone By Mark Douglas

3:49 Business Leaders & Success By William O'Neil

4:40 177 Mental Toughness Secrets of the World Class By Steve Siebold

Here at Simpler Trading, we trade options primarily in a directional manner. To do so, we use strategies such as calls, puts, and debit spreads. Still, each strategy has specific reasons for choosing one over the other, plus specific advantages and disadvantages. Check out this video to learn more and to determine which strategy may fit your trading style best!