Update-NFLX earnings this week Here's another comparison ... using ask for in the money options ... To straddle last week would have cost $16.15 (without earnings play) This week it includes earnings so cost is $$34.90 Close on day before earnings .... Straddle would cost $30.75 This week NFLX is up $13 ... $340 calls were $15 on Fri close, now $21.20 That would be 40% gain Puts went from $14.75 to $7.50 roughly -50%. Seems like the stock will need to move 10% on earnings to cover the cost of a straddle.