AZEK earnings tomorrow 7am, straddle idea

AZEK earnings are tomorrow at 7am. I just got a $35straddle12/18 because there's very little chart history as it's a 2020 ipo. I did buy some shares and sell them a week later in June. But besides that, I have no other experience trading AZEK. I know plenty about AZEK exterior boards and decking for the house. I am bullish in sentiment and AZEK popped after it's August 13th earnings. Nevertheless, I'm playing it safe and picked up a $35straddle12/18 for $3.65 ($365) with 20 market minutes left till tomorrow 7am earnings. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny for a month it = $5,368,709. Good luck and happy trading friends...

*3x lucky 7s of trading 101*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue & Earnings
Debt / Cash
Book value, assets

7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
www.tradingview.com/u/growerik/
www.tradingview.com/gopro/?share_your...

Commento:

AZEK earnings surprise +26% eps, +7% revenue

The Azek Company reported 4th Quarter September 2020 earnings of $0.29 per share on revenue of $263.9 million. The consensus earnings estimate was $0.23 per share on revenue of $247.3 million.

The company said it expects fiscal 2021 revenue of $989.2 million to $1.025 billion. The current consensus revenue estimate is $967.4 million for the year ending September 30, 2021.