On Monday, I told you to trade Disney (DIS) alongside us ahead of earnings in The War Room.

The result? A 54% overnight winner.

Here’s the trade recap…

Disney was scheduled to report earnings this morning, and their results offer critical economic clues in the health of several sectors – including travel, tourism, entertainment spending, and streaming.

As I’ve said before – nobody knows if a stock is going to go up or down after earnings.

But with my overnight trading strategy – there’s a way to ring the register if the stock goes up OR down.

How overnight trading works

The great thing about overnight trades is you can make money no matter which direction the stock goes.

Plus, overnight trading strategy also allows you the chance to make gains fast – sometimes in less than 24 hours.

To make an overnight trade, first you buy a put option and a call option so you’re covered in the event of an upside move or downside move.

To close the trade for a gain, all you need is the stock to make a big move in either direction – and earnings day is a catalyst for that big move since options generally see a spike in implied volatility leading up to earnings.

Disney’s Big Move

On Wednesday morning after earnings, Disney jumped 10% after delivering solid parks and streaming results.

I ended up closing the trade that morning for a 54% overnight winner.

Here’s what a few War Room members said about the trade…

Action Plan: When I write about companies like DIS in Trade of the Day and the Wake-Up Watchlist – I’m not just giving you food for thought. I’m actually trading these companies in real-time in The War Room.

So did you get a chance to make this trade? I hope you did.

Plus with earnings season in full swing – I’ll be looking at more companies like DIS for potential overnight winners.

Click here to see how this strategy could lead to gains as high as 396% in less than 24 hours.