My trade alert just soared past our target price…
And these stocks are next.
The entire tech sector is on fire right now!
Microchip Technology Incorporated (NASDAQ: MCHP) spiked 29% since my alert on April 9.
It ran to $92 per share… my price target was $82.
Take a look:
A 29% gain puts the market to shame.
But I wasn’t trading the stock’s normal shares… I alerted call options contracts with an expiration on 5/15 and a strike price of $72.50.
Here’s how the contracts changed in value after my alert:
The contracts I targeted gained more than 250% after my alert.
Go back and look at the blog from April 10, where I detailed the trade. Looking at the chart now, MCHP was an obvious setup. But hindsight is 20/20.
You need to develop foresight, the ability to spot these setups before they spike.
And this week, the opportunities start all over again…
This Week’s Earnings Calendar
Five of the Magnificent 7 report earnings this week.
The Mag 7 are: Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla.
Collectively, they made up roughly a third of the S&P 500’s total market cap at the end of 2024 and drove more than 40% of the index’s total return in 2025.
It’s safe to say that when the Mag 7 move, the entire market feels it.
Here’s who reports earnings this week:
- Alphabet Inc. (NASDAQ: GOOG): Wednesday, April 29, after the bell
- Amazon.com Inc. (NASDAQ: AMZN): Wednesday, April 29, after the bell
- Meta Platforms Inc. (NASDAQ: META): Wednesday, April 29, after the bell
- Microsoft Corporation (NASDAQ: MSFT): Wednesday, April 29, after the bell
- Apple Inc. (NASDAQ: AAPL): Thursday, April 30, after the bell
Four announcements drop on the same day. Then Apple closes out the week.
We’ve already seen some insane moves this earnings season from tech stocks.
Here’s Intel Corporation (NASDAQ: INTC):
The volatility is growing. The only question is how to position for it…
Three Ways to Trade Earnings Week
Here are the three main strategies:
1. Trade the volatility before the announcement.
As earnings approach, options premiums expand, and the price action gets choppier.
Traders and investors will start to guess about the earnings data and the resulting market reaction.
Pay attention to the price action in the hours leading up to the announcement. Early moves can create trade opportunities before anyone has read the data.
2. Trade the volatility after the announcement.
This strategy isn’t as easy as it sounds, but it can give us some of the best opportunities for gains.
Here’s why it’s tricky:
A stock can beat earnings expectations and still fall lower because the data was already priced in, or because the market wanted an even bigger beat. The opposite can also be true (stocks can spike after an earnings miss).
In either case, prices whip around hard the morning after an earnings announcement.
That’s when I find some of the cleanest setups.
The dust settles, a direction emerges, and the options contracts fall right into my lap.
3. Earnings lotto. Yes, I do this.
I’ll be upfront: I like to gamble. But I’m smart about how I do it.
Some traders act like this is reckless. I think it’s useful.
Here’s why: a trader who has never genuinely gambled in the market doesn’t truly understand the difference between a solid, high-probability setup and a coin flip.
If you’ve never felt what it’s like to hold through an announcement and watch the price gap violently against you, you’ll treat your best setups the same way you treat your worst ones.
Taking a few small, intentional earnings lotto trades recalibrates our internal trading systems.
It satisfies the impulse to gamble. So when a real, high-probability setup appears, you can capitalize on it instead of treating it like another roll of the dice.
- Use a small size.
- Understand exactly what you’re risking.
- And stick to the plan.
The Mag 7 earnings week is here…
Get ready for intense volatility from the market’s most important stocks.
Stay Street Smart,
Jeff Zananiri
*Past performance does not indicate future results, Not typical.
