Will the bubble burst? Will she shotgun to 225? We shall see soon.
The option action is expecting a 19 points movement on both the up and down side, which is a 11% move.
The premiums are ridiculously costly. After the earnings the IV will crack big time , those calls an puts will be crushed the next day. It will have to really significantly cross the strike
Too much premium for me to wager.... In fact, I am really on the fence as to which way this one goes... So, I'll just watch.... And learn.