NFLX earnings date announced

It will officially be Jan 19 after the close. In a move outside of recent character, $NFLX will be reporting after the monthly options expiration date, not before. While the market seems to have anticipated this for the most part (greatest IV jump in the 1/22 options), IVs were still a bit elevated in the 1/15 vs the 1/8 expirations as the company has jumped the announcement date earlier than expected the last few quarters. I’d expect to see option prices come in a little bit tomorrow for the January monthlies as ATM IVs come down from the 47 area back to 41-42 or so. Not dramatic, but with this IV contraction I’ll be watching for early opportunities to take off some far OTM short call positions for January.