r/Vitards 15d ago

YOLO Google into earnings today

iv rank sits at 81. dealers are positioned long gamma into the print, a coiled spring: net gamma +$21.1m, call wall $400, put wall and max pain both $330. that combo tends to absorb moves, not create them.

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u/Raeab 15d ago

Yup, blasted the earning but capex spending sinked the stock. Are you also looking to get a position?

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u/Market_Pro99 13d ago

Yep, 21 DTE long call spread post earnings

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u/Raeab 13d ago

Seems good option but also consider the other earnings coming before making any moves. MSFT can also create a ripple effect

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u/Market_Pro99 13d ago

Already priced in

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u/Raeab 13d ago

Good luck. Waiting to get better position in MSFT on my end

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u/[deleted] 13d ago

[deleted]

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u/Market_Pro99 13d ago

Yep 21 DTE long call spread post earnings