
Panic Amid the Rebound? And Earnings from Netflix, Chipotle and United
CNBC's "Fast Money"
00:00
I'm Long, Going in - If They Missed Earnings, I Would Buy More
The trade structure that we saw here to day was a eventeen hundred contracts of the july 20 third two ten puts were purchased for an average price of about four dollars and 65 cents. The trader in this particular case laid out almost 800 thousand dollars in premium to bet that wholpool would be lowered by at least four % over the next three days. Karen, what do you think? Well, i'm long. I would buy more if they reported earnings that were disappointing. It's not like the bar is set so high when you have a p multiple as low as, you know, to high single digits. Tim seymour, you actually fast pitched this one. I did
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