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Options playbook: Here are some earnings season plays and back-to-school bets

A sign is posted outside of the PayPal headquarters in San Jose, California.
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After a relatively quiet few months on Wall Street and with major earnings and Fed meetings approaching, some traders may be looking for ways to bet on volatility in their portfolios.

One way to do that is through various options strategies, including calls, puts and straddles.

Here's a look at some of the options ideas that Wall Street has been talking about this week. 

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