Looking at IV's in the FANG stocks there is one major theme....they are STUPID CHEAP. If you can't find an option to buy, you are probably a jerk.
The only one I remotely don't want to own is NFLX. The rest look like steals.
So far this earnings cycle we have seen big wins in tech out of GOOG, NFLX, and no AMZN. Flops have come from AAPL, IBM, and MSFT. Take a look at the pricing of AMZN from today (now up about double the straddle price).
Livevol (r) www.livevol.com
AAPL just posted a big number and the stock is up $2 after rallying a couple of dollars today and many dollars for the week. I guess it is the big number that you have to print that counts. AMZN posted a giant revenue number last week but so far has been able to avoid accountability for actually ma