#Earnings This one has had a volatile recent history. Last 12 quarters: Biggest UP move: 14.3%, Biggest DOWN move: -22.4%, Average move: 10.3%. So I’m taking the $YELP approach and betting on a big move.
Buying the 40 straddle. A 9.8% move will be breakeven at expiration… but in the morning premium will be higher.
My bid is in a 3.95, not filled. I’ll get it in the last hour if I need to adjust.