Imagine how much this is playing out right now, especially in /WSB-land:
1. People bought short-dated $NFLX calls yesterday;
2. Earnings come out and it’s a blowout;
3. $NFLX call owners spend the evening picking out the color of their Lambo;
4. They wake up this morning ,and their calls are DOWN, since almost all the stock’s rip higher is gone, and of course the volatility is zeroed out.
