Earnings season is just around the corner. This is an exciting time for Banc De Binary traders because it creates a series of opportunities to trade the trend. So, what is an Earnings Report, and how do you successfully trade the event?

An Earnings Report is a data release by a recognized company which commonly creates a market-moving event. The report includes information about the company’s performance in the past quarter of the year. The key metrics are commonly the Net Income and Earnings Per Share. These reports create a new buzz around how the company is doing, thereby attracting new traders or repelling those that already own the stock. The Earnings Report, simply put, is a good indicator of the current and future health of the company.

Step 1: Select your Stocks

Even as we speak, the world of high finance is murmuring behind closed doors about these highly-anticipated events. There are so many stocks to trade, where should you start? The best advice we can offer is to select the assets you’re comfortable with and then simple follow the trading calendar.

We have taken the liberty of putting together a list of the most popular traded stocks. Think of it as your quarterly earning season checklist. Select your favorites and make sure you know the expected dates for your big name brands:

Tech: Apple, Facebook, Google, Amazon, Yahoo, Microsoft, Alibaba

Finance: Goldman Sachs, JP Morgan, Citibank, Bank of America

Food: Starbucks, McDonald’s, Coca Cola, Tesco

General: Disney, Louis Vuitton, Walmart, Vodafone

Step 2: Know your Numbers

Participating in the trading events set for the coming weeks, and profiting from them, is as easy as pie.

After you have chosen the stocks you wish to trade, be sure to do the adequate research before the company releases its quarterly earnings. What are the numbers analysts are expecting to see? What time will the Earnings Report be released? “Some companies release the data only after market hours,” says Jake Wyler, a Banc De Binary analyst. “I strongly urge all my clients to be organized, and write out all the necessary information for yourself in advance.”

Step 3: Place a “Call” or “Put” Option

If the numbers released are lower than anticipated, investors will typically place a “Put” option which reflects the fact that the stock will soon decrease. If the numbers are higher than anticipated, investors should place a “Call” option to signal the upcoming rise in stock price.

Here at Banc De Binary, we wish you much trading success! High profits can await those who prepare in advance for these market-moving opportunities. If you have any questions whatsoever, please feel free to contact your account manager. Our experts are standing by.