HD is announcing earnings soon. Let's look at how to set up a straddle to cap risk.You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition. Specifically: What's happened since last week? What did we learn from the NVDA backspread from last time? What happened to the one without earnings? What happened to the one that contained earnings? Let's take a look at Home Depot Earnings are coming up Setting up the trade We know the max risk and max upside How many contracts should we do? What is our rationale? What's the goal? Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

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