AMZN is getting knocked 9.4% in the pre after closing at 313.34 and is currently trading around 283.88. Its average move is 8.8% and it moved -9.6% last quarter. Its largest down move was 12.6%. These are the moves it has made after posting earnings: 2.4%, 4.3%, 3.6%, 2.7%, 4.7%, 6.4%, 5.6%, 4.4%, which averages 4.25%
The YELP straddle got paid on both ends. The straddle into earnings got paid and a day swing straddle got paid. The options off the open yesterday were pricing a move of <5% during the day which would have been the smallest post earnings move in 8 qtrs. The stock ending up moving 7.4%, or $4.55 after having opened at 61.50 and closing at 56.95.
CBI saw a bunch of put buying into the report with IV at 2yr highs into earnings as well. However, the report AMC appears to be positive.
CREE ended up getting even more smoked during the mkt hours, the straddle was pricing in a move of 5%, $1.25 and it made double that move down from the open. IV was way off on this one all around.
YHOO saw a bunch of activity in the weekly OTM puts off the open but they went nowhere as the stock initially dipped then trended higher throughout the day.