Options playbook: These companies have upcoming news that could swing their share prices

Employees wait for the arrival of U.S. Vice President Mike Pence, not pictured, at a Diamondback Energy oil rig in Midland, Texas, April 17, 2019.
Callaghan O'Hare | Bloomberg | Getty Images

Earnings season has caused some big moves in individual stocks over the last few weeks, including major slides for Amazon and Pinterest on Friday.

For investors, options are a popular trading tool to take advantage of or defend against moves caused by earnings reports or other major news events.