### Comment:
IV goes up closer to earnings —&gt; the options you’re holding have gone up in value —&gt; sell some/most of your position so you break even/make some profit —&gt; let the rest of your ’free’ contracts ride through earnings. If the stock moves in your direction you’ve made extra tendies, if your trade shits the bed you’ve still made tendies

### REPLY:
Ah okay.  Yeah a prior liquidation makes sense considering the gamble nature of earnings.  
  
 At least if youre strong enough to not give into ones gambling addiction

### END.