NFLX seems very inconsistent with their earnings report date. Nasdaq had it listed on the 20th. And based on previous years, you could expect it late in the month of July. But once again, it seems that they have republished a new date causing a 11% IV pop in the Jul 17 strikes. There's a lot of OI in this serial. I should have known better. For perspective, a 1x1 ATM Horizontal would have lost more than $1,000 per spread. Any of you guys witness this a lot?
Well I know the Nasdaq report date is just an estimate. They reported earlier than expected last quarter as well. For some reason I think they like to report on the week the monthly options expire. That POP in IV was ridiculous but it will more than double the days before they report.
Nasdaq's NFLX earnings date was just an estimate. Today NFLX released the actual date, July 15, 2015. Now that the date has been confirmed the IV on the July17 options has increased. Is that a big IV drop on the July24 options, -0.71? If not then the July 15 confirmed earnings date wasn't much of a surprise.
Yes ...... The +10.98 for July17 is due to NFLX confirming the exact earnings date. The colored fonts are under the A.