Trader on the floor of the New York Stock Exchange.
Lucas Jackson | Reuters
Options traders are targeting a group of stocks they believe will post sharp moves this earnings season, setting up a potential trade around those names.
Based on options activity, MKM Partners' derivatives strategist Jim Strugger identified the stocks that could be ripe to soar or dive after posting fourth-quarter results.
By paying attention to activity in options, traders aim to get a reading of sentiment ahead of market-moving events.
