Earning reports for the company is after-hours tomorrow. A quick analysis shows this earnings report is going to have an unusually large affect on the price. Might be attractive to straddle at 10.
There's a shit ton of volume in calls but I want to make puts, so it's confusing for me to go against 90% of the people in options. I personally don't trust the estimated earnings one bit. Might make a long put 'cause I don't think this company is ever going to be able to pay back over a billion in debt while their financials are all over the place and their revenue is slowly shrinking. Thoughts?
Submitted June 06, 2017 at 08:59PM by ven1929 http://ift.tt/2see7YI
