### Comment:
I meant for earning play I would sell a strangle the day before but I have a hard time buying the calendar next day with IV gone, assuming it’s very low

### REPLY:
Oh yeah, I get what you mean. Some people do a double neutral calendar before earnings, or just a simple calendar skewed to one side and it can still be a volatility play. I sell ICs w/ some wider wings before ERs, and sell strangles on pretty low priced stocks the day before. Works out well if you go 1 SD out most of the time.

### END.