[Earnings trades](https://www.tastytrade.com/tt/shows/from-theory-to-practice/episodes/3-ways-to-trade-earnings-10-07-2019) always give us plenty of opportunities to stay engaged and sell premium in high IV environments. But there are certain instances when it might be prudent to stay out of a stock that has earnings coming up in two or three weeks. We know that IV is going to be bid up [heading into the earnings date,](https://www.tastytrade.com/tt/shows/from-theory-to-practice/episodes/the-earnings-illusion-07-25-2016) so by waiting until the actual earnings day to initiate a new position, we're able to better position ourselves at peak volatility.