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4 Option Trading Strategies Goldman Sachs Recommends Ahead Of Summer Earnings Season

Benzinga ·  Jul 8 23:41

The second-quarter earnings season kicks off this week with key reports fromPepsiCo Inc.(NASDAQ:PEP),ProgressiveCorp. (NYSE:PGR), andDelta Air Lines Inc.(NYSE:DAL) on Thursday, followed by major banks like JPMorgan Chase & Co.(NYSE:JPM),CitigroupInc. (NYSE:C), andWells Fargo & Co.(NYSE:WFC) on Friday.

Goldman Sachs equity analysts have identified four options trading recommendations for the upcoming earnings season after screening 25 stocks known for frequently preannouncing in July and having a history of early results releases.

Historically, July has accounted for approximately 8% of all preannouncements over the past 13 years, with a...

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