Two Sentence Traders

$MXL priced for a 31% move tonight

By rummy ·

$MXL reports earnings tonight and options are pricing a 31% implied move, that's a massive number for a single print. If you're holding covered calls through this, size for gap risk both ways, getting called away or blown through support are both live outcomes. Juicy premium if you're selling into it, but this is binary, don't be a hero.

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Aggregated and distilled by Two Sentence Traders. Not financial advice.