Options Whale

Prepare before earnings

UAMY · United States Antimony Corporation Common Stock

Reports in 11 days · Nov 11, 2026 · Session unknown

Quote as of Oct 30, 2026 · Entry today: T−11 · New York calendar dates

Earnings calendar
Liquidity warning. Median quoted bid/ask spread across the captured chain: 52.6% of midpoint. Examples use the bid/ask midpoint regardless of spread width. Spreads are informational; midpoint execution is not guaranteed.
My upcoming earnings

Prepare your earnings trade

T−11 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−11 (Oct 31, 2026). Every entry day uses its own historical contracts and quotes. Latest quote date: Oct 30, 2026 (T−12).

Dec 31, 2010 – Aug 11, 2026 · percentage return on modeled maximum loss · dollar P&L per one-lot structure. Samples can differ between strategies.

Current trade examples use today's verified event and latest completed-session quotes. Changing the historical entry day does not change the displayed contracts. Exit controls also check whether the legs can support that exit.

StrategyAverage returnMedian returnHistorical win rateEarnings testedAverage P&LWorst observedCurrent trade example
-66.9%1 valid ROI tests-66.9%0.0%0 / 1 profitable1 earnings1 valid tests-$30.10-66.9%-$30.10
Trade exampleUnavailable
Current trade example · T−11

Unavailable · The chain cannot form a valid structure with the required strikes and expirations.

Last quote session: Oct 30, 2026

19.7%1 valid ROI tests19.7%100.0%1 / 1 profitable1 earnings1 valid tests$7.4019.7%$7.40
Trade exampleUnavailable
Current trade example · T−11

Unavailable · The chain cannot form a valid structure with the required strikes and expirations.

Last quote session: Oct 30, 2026

-100.4%1 valid ROI tests-100.4%0.0%0 / 1 profitable1 earnings1 valid tests-$27.60-100.4%-$27.60
UAMY · Nov 11, 2026Live setup
Current trade example · T−11

Announcement time is unconfirmed. Before-earnings exits use the prior trading day; through-earnings exits allow for an after-close announcement.

  • Leg 1Sell1 contract
    Sell to open 1 UAMY $3.00 call

    Expires Nov 6, 2026 · 6 DTE today

    Delta 0.50 · Bid $0.10 / ask $0.15

    Midpoint $0.13Spread 40.0% of midpoint (informational)
    Volume 111Open interest 728
  • Leg 2Buy1 contract
    Buy to open 1 UAMY $3.00 call

    Expires Nov 20, 2026 · 20 DTE today

    Delta 0.53 · Bid $0.20 / ask $0.30

    Midpoint $0.25Spread 40.0% of midpoint (informational)
    Volume 76Open interest 119
Estimated debit
$12.50 / one structure
Maximum loss before fees
Model dependent
Expiration breakeven
Model dependent
Earlier-expiration exit
Nov 6, 2026 close
Quote session & refresh

Quote session: Oct 30, 2026 · T−12 at quote
Refreshed Oct 31, 2026, 12:46 AM EDT

Selection rules changed; this refresh is not compared with the prior example.

How to read this example

Daily preparation example for a new entry. Refreshed while earnings are 1–28 days away. Midpoint estimate before fees; verify prices with your broker. An update does not instruct existing holders to roll.

-69.8%1 valid ROI tests-69.8%0.0%0 / 1 profitable1 earnings1 valid tests-$22.70-69.8%-$22.70
Trade exampleUnavailable
Current trade example · T−11

Unavailable · The chain cannot form a valid structure with the required strikes and expirations.

Last quote session: Oct 30, 2026

Near-term expiry · nearest 0.90 delta102.8%2 valid ROI tests102.8%100.0%2 / 2 profitable2 earnings2 valid tests$113.7071.9%$73.70
UAMY · Nov 11, 2026Live setup
Current trade example · T−11

Announcement time is unconfirmed. Before-earnings exits use the prior trading day; through-earnings exits allow for an after-close announcement.

  • Leg 1Buy1 contract
    Buy to open 1 UAMY $2.50 call

    Expires Nov 27, 2026 · 27 DTE today

    Delta 0.83 · Bid $0.45 / ask $0.65

    Midpoint $0.55Spread 36.4% of midpoint (informational)
    Volume 5Open interest 68
Estimated debit
$55.00 / one structure
Maximum loss before fees
$55.00
Expiration breakeven
$3.05
Before-earnings exit
Nov 10, 2026 close
Quote session & refresh

Quote session: Oct 30, 2026 · T−12 at quote
Refreshed Oct 31, 2026, 12:46 AM EDT

Selection rules changed; this refresh is not compared with the prior example.

How to read this example

Daily preparation example for a new entry. Refreshed while earnings are 1–28 days away. Midpoint estimate before fees; verify prices with your broker. An update does not instruct existing holders to roll.

3.3%14 valid ROI tests-2.8%21.4%3 / 14 profitable14 earnings14 valid tests-$21.71-47.8%-$275.10
UAMY · Nov 11, 2026Live setup
Current trade example · T−11

Announcement time is unconfirmed. Before-earnings exits use the prior trading day; through-earnings exits allow for an after-close announcement.

  • Leg 1Buy1 contract
    Buy to open 1 UAMY $3.50 call

    Expires Nov 13, 2026 · 13 DTE today

    Delta 0.24 · Bid $0.05 / ask $0.10

    Midpoint $0.08Spread 66.7% of midpoint (informational)
    Volume 17Open interest 554
  • Leg 2Buy1 contract
    Buy to open 1 UAMY $3.50 put

    Expires Nov 13, 2026 · 13 DTE today

    Delta -0.69 · Bid $0.55 / ask $0.75

    Midpoint $0.65Spread 30.8% of midpoint (informational)
    Volume 1Open interest 44
Estimated debit
$72.50 / one structure
Maximum loss before fees
$72.50
Expiration breakevens
$2.78 / $4.23
Before-earnings exit
Nov 10, 2026 close
Quote session & refresh

Quote session: Oct 30, 2026 · T−12 at quote
Refreshed Oct 31, 2026, 12:46 AM EDT

Selection rules changed; this refresh is not compared with the prior example.

How to read this example

Daily preparation example for a new entry. Refreshed while earnings are 1–28 days away. Midpoint estimate before fees; verify prices with your broker. An update does not instruct existing holders to roll.

61.6%4 valid ROI tests28.8%50.0%2 / 4 profitable4 earnings4 valid tests$54.90-40.8%-$52.60
Trade exampleUnavailable
Current trade example · T−11

Unavailable · The chain cannot form a valid structure with the required strikes and expirations.

Last quote session: Oct 30, 2026

Unlimited risk · ROI unavailableUnlimited risk · ROI unavailable50.0%7 / 14 profitable14 earnings14 valid tests$16.51Unlimited risk · ROI unavailable-$95.10
Trade exampleUnavailable
Current trade example · T−11

Unavailable · Naked short strategies remain research-only. Margin and assignment requirements are not modeled.

Last quote session: Oct 30, 2026

Unlimited risk · ROI unavailableUnlimited risk · ROI unavailable25.0%1 / 4 profitable4 earnings4 valid tests-$60.10Unlimited risk · ROI unavailable-$225.10
Trade exampleUnavailable
Current trade example · T−11

Unavailable · Naked short strategies remain research-only. Margin and assignment requirements are not modeled.

Last quote session: Oct 30, 2026

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−11 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
StrategyT−28T−27T−26T−25T−24T−23T−22T−21T−20T−19T−18T−17T−16T−15T−14T−13T−12T−11T−10T−9T−8T−7T−6T−5T−4T−3T−2T−1
Bear Call SpreadNo later pre-earnings close
Bull Put SpreadNo later pre-earnings close
CalendarNo entry trading sessionNo entry trading sessionNo entry trading sessionNo entry trading sessionNo later pre-earnings close
Iron CondorNo later pre-earnings close
Long Call DITM (0.90 Delta)No later pre-earnings close
Long StraddleNo later pre-earnings close
Long StrangleNo later pre-earnings close
Short StraddleNo later pre-earnings close
Short StrangleNo 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.

67 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

Daily IV observation

Observed quote 2026-10-30, T−12. Matched history is insufficient for an IV classification.

Latest observed ATM IV
119.8%
Quote Oct 30, 2026
Historical median IV
Unavailable
3 events · T−12
IV versus matched history
Unavailable
Near-term ATM, same earnings offset
Implied move to option expiry
Unavailable
ATM straddle estimate at the displayed quote date

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.

Watch / current pricing unavailable

Fresh option quotes for this earnings event are needed before planning current legs. Historical strategy comparisons remain available above.

My upcoming earnings