Option Block 660: NFLX Kicks off Earnings Season

Trading Block: Earnings! Netflix, ATM straddle - $15.30, approx. 7.5% Tuesday - IBM Wednesday - Alcoa Thursday - Verizon, PayPal, Etrade Friday - Honeywell, P&G Odd Block: Size upside love in Comcast Corp. (CMCSA), size roll in Alerian MLP (AMLP) and funky ratio vertical/stupid in Himax Technologies, Inc. (HIMX). Mail Block: Options question of the week Earnings Season is almost upon us! What's your favorite way to trade earnings using #Options? Sell Strad./Fly/Condor Buy Strad./Fly/Condor Sell Puts/Put Spreads Buy Calls/ Call Spreads Listener questions and comments: Comment from PeterPan @pierhk - ATM straddle...Buy with ATR>2 Comment from Trader J Rae @traderjrae - Usually a collar or protective put. Everything else held over earnings is a gamble, not a trade. Another options question of the week: Earnings Season is here! Which name do you plan to trade most actively this cycle? Tesla - $TSLA Amazon - $AMZN Apple - $AAPL Alphabet - $GOOGL Comment from Trade With Bulls LLC - $INTC Still more questions: Question from McGillIMontreal: Had a question regarding $GIL and two large 3K 30 strike puts on 10/9 with earnings 11/2. Can you guys explain any rationale around that? Question from Ascentaa - What can happen to the current options being held of KITE which is acquired by GILD and is being delisted Around the Block: GS tomorrow before the bell, ATM straddle - $6.10, approx. 2.5%.