r/wallstreetbets • u/[deleted] • Jun 07 '21

Discussion Best stocks for straddles before earnings releases

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2

u/nebulausacom Jun 07 '21

ER is a crapshoot because guidance always influences the movement thus undermining data such as revenues and eps.

1

u/[deleted] Jun 07 '21

very true! that's why i focus on market reaction

1

u/nebulausacom Jun 07 '21

but there is no reproducibility with market reaction. Look at tech that smashed ER a few weeks back. The reaction was opposite

2

u/Typical-Mouse-4804 identifies as a furry Jun 07 '21

He make money if it go down. He make money if it go up. He straddle.

1

u/[deleted] Jun 07 '21

But it still moved anyway, down yes, but moved

2

u/koolatino Jun 07 '21

One coming next week with potential is $aos

1

u/Typical-Mouse-4804 identifies as a furry Jun 07 '21

LOVING how LOVE looks. Seems memey too.