Microsoft Earnings, Google Earnings (Alphabet Earnings), and Meta Earnings are all coming out this week. So what is the best earnings options strategy? When it comes to options trading, the best options strategies for earnings announcements are to sell options instead of buying them. The options earnings strategies that involve just buying calls and puts often ends in losses. So if you want to know how to trade earnings with options, the best earnings options strategies are to sell options instead of buying them. Trading earnings announcements can be profitable when you sell earnings. Trading earnings with options is easy once you know what to do. The earnings announcement trading strategy I use is to sell multi-leg options such as credit call spreads and credit put spreads.