There are options available for July, August, and September. Since the July options are the front-month and have less than two weeks to expiration, we will focus on either the August or September options. Look at the open interest in both months and we can see that the September options have more interest. Let’s check the earnings on FPL as this may impact our decision even further. FPL’s earnings are scheduled for the 31st of July so we should focus on the August options as they will be the most actively traded in the coming weeks as earnings approach. This is due, in part, to the speculation that precedes earnings and the uneducated options trader trying to pick a direction. Below are the option chains for the August calls from our brokerage followed by the puts.
Options Manual
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