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good-morning options traders and happy Friday everyone well were right in the beginning of another earning season and it should be no surprise with the corona virus pandemic that we are seeing a lot of surprises to the upside and a lot to the downside and so were also starting to see probably a lot more than usual articles talking about using straddles and strangles to find the expected stocks move in its a topic that always confuses traders because its never quite explained how to use it and so in fact one of the traders in the group sent this article talking about this very thing Netflix stock options traders are ready for a big move after earnings and it says right here straddles imply the stock could either soar or tumble by almost 13 percent on Friday so how are they coming up with this number of 13% by using straddles and unfortunately this is about all the articles ever tell you and so people come up with a lot of different myths and misperceptions so for instance in this v