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overnight: Earnings Trading Assistant

This projects supports simple manual/retail trading of earnings plays on US equities.

It contains scripts to do the following:

  • Fetch as generous a list of symbols with upcoming overnight earnings "tonight after the close and tomorrow morning before the open" with AMC and BMO earnings symbols;

  • Fetches options chains from TD Ameritrade to assess the tradeability of each name and pre-calculate candidate strikes for a default strategy (a wide strangle in either the front month or the first regular expiration), based a multiple of the expected move. This serves as a quick and easy initial placement.

  • Checks for conflicts between one's positions and the earnings list.

This is intended to be run first thing in the morning to support preparation for earnings the next day, preparing a filtered list of names to check out, names that share the right characteristics to be interesting enough (based on price, volatility, magnitude of expected move, spreads, volume, etc.).

License

Copyright (C) 2021 Martin Blais.

License: GNU GPLv2.

overnight's People

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