Options on Netflix Inc.’s stock (NFLX) are priced for a near-double digit move on Friday, following the streaming video company reports fourth-quarter results which are due out after Thursday’s closing bell. An options strategy known as a straddle, which is a pure volatility play that involves buying bullish (calls) and bearish (puts) options at that same price, is priced for a one-day post-earnings move of $31.20, or 9.7%, in either direction, according to data provided by Matt Amberson, principal at Option Research & Technology Services (ORATS). Also, the stock rose after the past two quarterly results, but fell after nine of the past 12 reports. Read More...
Options on Netflix Inc.’s stock (NFLX) are priced for a near-double digit move on Friday, following the streaming video company reports fourth-quarter results which are due out after Thursday’s closing bell. An options strategy known as a straddle, which is a pure volatility play that involves buying bullish (calls) and bearish (puts) options at that same price, is priced for a one-day post-earnings move of $31.20, or 9.7%, in either direction, according to data provided by Matt Amberson, principal at Option Research & Technology Services (ORATS). Also, the stock rose after the past two quarterly results, but fell after nine of the past 12 reports.
