With pre-earnings, I recommend to use small position size and add layers on pullbacks. I’m adding to LMT and INFY today on the pullback. This is my own refinement of the CMLViz strategy. CML goes all in on the first trade. At 7 days before earnings, they use a 40% profit/loss stop.
Bot LMT Jul20 310c @ 1.30
Bot INFY Jul20 20c @ .29
#earningsrunup