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Options Markets Create Opportunity For Facebook And Google Before Earnings

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The options markets create an opportunity for investors of Facebook Inc FB 0.06% and Alphabet Inc GOOG 0.73% GOOGL 1.04% before earnings, according to a note from Deutsche Bank.

"Options on FB (Buy PT $145) are pricing in an average implied earnings move of ~6.8 percent, materially higher than the 4.7 percent 6-quarter absolute average the company has experienced. The 1x2 put-spread would make money in a pullback until the 95 breakeven price, which represents a 17 percent drop," analysts including Lon Parisi wrote in a note to...