Prepare before earnings
NVDA · NVIDIA Corporation
Reports in 20 days · Nov 17, 2026 · Session unknown
Quote as of Oct 27, 2026 · Entry today: T−20 · New York calendar dates
The earnings calendar has conflicting dates. Confirm timing before preparing current contracts.
Prepare your earnings trade
T−20 entry · compare strategies
Compare returns and downside before choosing a strategy. Returns include stored modeled fill costs and commissions.
Before earnings / earlier expiration: the stored exit can be earlier when the contracts expire.
Today is T−20 (Oct 28, 2026). Every entry day uses its own historical contracts and quotes. Latest quote date: Oct 27, 2026 (T−21).
Feb 17, 2010 – Aug 26, 2026 · percentage return on modeled maximum loss · dollar P&L per one-lot structure. Samples can differ between strategies.
| Strategy | Average return | Median return | Historical win rate | Earnings tested | Average P&L | Worst observed |
|---|---|---|---|---|---|---|
| -16.7%48 valid ROI tests | -8.5% | 37.5%18 / 48 profitable | 48 earnings48 valid tests | -$171.19 | -89.1%-$1,042.60 | |
| 8.8%48 valid ROI tests | 14.2% | 77.1%37 / 48 profitable | 48 earnings48 valid tests | $110.97 | -60.4%-$498.60 | |
| 4.5%48 valid ROI tests | 11.8% | 54.2%26 / 48 profitable | 48 earnings48 valid tests | -$22.45 | -90.4%-$1,185.10 | |
| -9.9%48 valid ROI tests | -8.6% | 39.6%19 / 48 profitable | 48 earnings48 valid tests | -$60.22 | -87.1%-$745.70 | |
| Near-term expiry · nearest 0.90 delta | 26.5%48 valid ROI tests | 16.0% | 72.9%35 / 48 profitable | 48 earnings48 valid tests | $1,330.66 | -73.2%-$2,406.30 |
| 14.6%48 valid ROI tests | -0.6% | 50.0%24 / 48 profitable | 48 earnings48 valid tests | $319.59 | -37.3%-$2,167.60 | |
| 36.0%48 valid ROI tests | -9.3% | 43.8%21 / 48 profitable | 48 earnings48 valid tests | $234.48 | -75.3%-$1,270.60 | |
| Unlimited risk · ROI unavailable | Unlimited risk · ROI unavailable | 47.9%23 / 48 profitable | 48 earnings48 valid tests | -$324.79 | Unlimited risk · ROI unavailable-$4,247.10 | |
| Unlimited risk · ROI unavailable | Unlimited risk · ROI unavailable | 56.3%27 / 48 profitable | 48 earnings48 valid tests | -$239.68 | Unlimited risk · ROI unavailable-$3,298.10 |
Historical win rate counts after-cost P&L above zero. Break-even tests stay in the denominator; missing tests do not. It is a historical frequency, not a forecast probability.
Execution-cost scenario
T−20 entry · before earnings / earlier expiration. The additional cost is a scenario, not an observed fill. Current quotes, liquidity and per-contract risk must be checked before sizing; historical averages do not create option legs or orders.
Explore all entry days · T−28 through T−1
| Strategy | T−28 | T−27 | T−26 | T−25 | T−24 | T−23 | T−22 | T−21 | T−20 | T−19 | T−18 | T−17 | T−16 | T−15 | T−14 | T−13 | T−12 | T−11 | T−10 | T−9 | T−8 | T−7 | T−6 | T−5 | T−4 | T−3 | T−2 | T−1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bear Call Spread | No later pre-earnings close | |||||||||||||||||||||||||||
| Bull Put Spread | No later pre-earnings close | |||||||||||||||||||||||||||
| Calendar | No entry trading session | No entry trading session | No entry trading session | No entry trading session | No later pre-earnings close | |||||||||||||||||||||||
| Iron Condor | No later pre-earnings close | |||||||||||||||||||||||||||
| Long Call DITM (0.90 Delta) | No later pre-earnings close | |||||||||||||||||||||||||||
| Long Straddle | No later pre-earnings close | |||||||||||||||||||||||||||
| Long Strangle | No later pre-earnings close | |||||||||||||||||||||||||||
| Short Straddle | No later pre-earnings close | |||||||||||||||||||||||||||
| Short Strangle | No later pre-earnings close |
Each column is a separate historical trade. Missing quotes, weekends and holidays are not zero returns. Compare event counts before interpreting differences between entry days.
Return basis, costs and coverage
Long-option returns use premium at risk; defined-risk structures use modeled maximum loss. Naked shorts have no maximum-loss ROI; broker margin, early assignment and resulting stock exposure are not modeled. These percentages are not account returns or annualized returns.
Stored fills and commissions are modeled. DITM uses the existing near-term call nearest +0.90 delta, minimum +0.80 delta, earliest listed expiry after the earnings reaction and no more than 60 entry DTE.
Statistics use exact aggregates across all stored cohort outcomes; sampled trade details never supply these totals. Includes tests with failed or unknown entry-filter status; this does not establish live entry eligibility.
Recorded processing is complete for this ticker's requested scope. This does not mean every quote is available or the full stock universe is complete.
0 recorded missing-test entries for the selected day and exit; absence of a recorded gap does not prove that a test was performed.
Daily pricing context
Current pricing unavailable
The next earnings date needs confirmation before current IV can be compared.
- Current ATM IV
- Unavailable Quote Oct 27, 2026
- Historical median IV
- Unavailable 0 events
- IV versus matched history
- Unavailable Near-term ATM, same earnings offset
- Implied move to option expiry
- Unavailable Waiting for current event quotes
A cheap IV label alone does not establish a profitable trade. Daily quotes are updated after a completed market session; confirm execution prices with your broker.
Prepare your trade
Current pricing and risk
Review the contracts, capital at risk and intended exit before choosing an entry.
Fresh option quotes for this earnings event are needed before planning current legs. Historical strategy comparisons remain available above.