Here's Goldman's winning options strategy heading into earnings season

Goldman Sachs is looking at using stock options as a way to play the forthcoming earnings season. In a note last week, the firm recommended buying at-the-money straddles, which involve purchasing both a put and a call option. This allows a trader to profit when an underlying security moves either away or toward the contract's strike price.

mountain Shares of Netflix have been higher from the start of the year, although shares remain vulnerable to volatility. The company has been pursuing efforts to cut costs through slimming its content roll and dialing back its workforce as well as cracking down on password sharing. Coffee chain giant Starbucks has also edged higher from the start of 2023, gaining roughly 7% after falling 15% last year.

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Yeah, Goldman giving winning option strategies to the common folks. Really.

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