What do you do when you can't figure out what the heck is going to happen next? You straddle, baby!
Earnings todays after the bell.
Last four stock moves post earnings...
Price Change % = -3.68% -2.5% -22.85% 12.37%
Per The Fly - Implied volatility suggests the market is anticipating a move near 7.7%, or $3.59, after results are released. Median move over the past eight quarters is 16.2%.
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