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Earnings Extravaganza (Banks, Netflix, Tesla)

MRKT Matrix

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The Stock's Down 3 and a Half Percent Today

The risk is that on a better than expected number, the stock gets back towards, let's call it, $200. That's in line with the implied move and also the downtrend. If you want to sit on your hands and wait, I think that might be if it's a low quality beat, a good place to kind of put something out on the short side.

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