Does anyone sell straddles prior to earnings? It's been pretty profitable so far this earnings season with GOOG, IBM and looks like AAPL too! I sold the AAPL $125 straddle 30 mins before the close for $13.15. The stock is trading AH very close to $125! I won't start celebrating until the open tomorrow but the options have a lot of volatility implied in them. Just curious to see if others are doing this. PS. Luckily I didn't do this for RIMM. It would've taken a big loss!