Hi, Brief excerpts from the book "The Volatility Edge In Options Trading" are quoted below: http://www.amazon.com/The-Volatility-Edge-Options-Trading/dp/0132354691 From Chapter 1 of the book, quoted for two reasons. Good examples of things to be careful of when selling calls, plus a clear example of IV and other indicators responding to insider trading: Chapter 7 - Trading The Earnings Cycle - Page 205 (two categories are mentioned, I focus mostly on the first - increasing volatility during the days that precede the ER) Chapter 7 - Trading The Earnings Cycle - Pages 222-223 I have three questions: 1. How simple or difficult is this to implement (sounds pretty simple)? 2. Any good candidates in addition to Tesla? 3. I would consider something like a straddle of (for example 10 calls and puts) and if it is profitable, and either IV is substantially higher (IV responding to insider trading?) keep a few of the corresponding options (paid for from the profits). Seem like a good idea?