How do you manage risk ahead of earnings? Is selling half the position the best way to manage earnings risk statistically without putting additional capital on the table, e.g. buying put?
Depends - If your in the Green you may want to sell half your position. Puts work well also if you want to limit any risk. I sometimes will buy PUTS if I dont sell my position. Today I sold half of my AAPL before the bell. I'm I happy with the stock up 17 after the bell ? Not at all. Its better to be in the game long term than keep all your money in a company before earnings. If a company misses like "SLB" SGP" your toast.