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Old 06-29-2012, 01:30 PM   #7740
shawnly1000
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Quote:
Originally Posted by 4444 View Post
question is, do we expect a more than 5% movement on the stock price? if so, a straddle may work if you buy an at the money straddle a couple days before earnings...

could be a worthwhile venture - as we have NO idea what they're going to report or their guidance - i'm sure this could be a spark to a big move up or down
An options play would be dependent on how juiced the premiums are and their implied move, so tough to say as we are still far away from the report. Just my rough guess, but they'll be juiced and the reaction in either direction will be relatively big.
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