By @moomooApp
Publication Date: 2026-08-26 00:00:00
With only 9 observations, this is a recent-history snapshot rather than an estimate of a durable win rate.
– Long Call is the upside bet.
– Long Put is the downside bet.
– Long Straddle buys both and needs a large move in either direction to cover two option premiums.
Long Call won 3 of 9 events. Long Put won 1 of 9, and Long Straddle won 0 of 9.
Call recorded the highest gross win count, but the sample does not establish a repeatable edge.
Green means gross WIN and red means gross LOSS. The chart excludes amounts, percentages, premiums, and stock moves.
For these after-market reports, entry is the announcement-day session and exit is the next trading session.
The expected earnings move can already be embedded in option premiums. Alpaca daily-bar opens represent the first reported regular-session trade for each contract, not a guaranteed 9:30 fill or executable quote. The two legs may open at different times.
Spreads, slippage, commissions, fees, and opening execution risk are excluded. Small gross gains may become losses after costs.
In this sample, Call ranked first by gross win count. This historical backtest does not forecast the next earnings reaction and is not investment advice. An option buyer can lose the full premium paid.