GOOG: there is a school of thought that the earnings will be stellar (cant imagine it otherwise; CFO must be pulling every trick to ensure blow out earnings). However, there is a belief that it will be a gap and crap scenario. So forget a straddle and buy puts after earnings are released.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.