{"id":"regime-earnings-season","category":"regime_strategy","title":"Earnings Season Playbook","summary":"January, April, July, October — reduce single-stock risk, increase ETF exposure.","trigger":{"always":false,"sectors":[],"tickers":[],"regimes":[]},"ttl_hours":24,"content":{"earnings_months":["January","April","July","October"],"verdict":"Earnings season increases single-stock binary risk. Reduce individual stock exposure, increase sector ETF exposure to maintain market participation without binary stock risk.","risk_reduction":["Reduce single-stock position sizes by 30-50% in the 2 weeks before their earnings date","Replace individual stock exposure with sector ETF (XLK instead of NVDA, XLF instead of JPM)","Do not sell naked puts or calls on stocks reporting within 14 days"],"opportunities":["Post-earnings IV crush: sell iron condors the day after earnings report on high-IV survivors","Beats with guidance raise: buy the momentum for 5-10 days post-earnings on volume breakouts","Misses that are already priced in: covered calls on assigned stock positions"],"key_watchlist":["AAPL","MSFT","NVDA","AMZN","GOOGL","META","TSLA","JPM"]}}