Mike Butler Reads the Earnings Math on Microsoft, Meta and Robinhood.

Microsoft, Meta and Robinhood all report Wednesday after the close, and Mike Butler runs the options math on all three to see which one breaks outside its expected move. The wild card is Robinhood, which has finished outside its implied range three of the last five earnings, including a 16 percent drop, while Microsoft has cleared its move only about half the time. He reads the implied move and skew on each: Microsoft looks roughly neutral with a modest move, Meta carries a richer move near 10 percent with a slight call skew, and Robinhood prices the biggest move of the three. His lean is defined risk into the prints, leaning on calendars where the premium is rich. This is education, not a recommendation. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 Three earnings names on deck 00:52 Reading the implied moves 01:06 Microsoft, the sector winner 01:54 Rotation, not a market crash 02:21 Microsoft's move and neutral skew 04:18 Meta's rich move and call skew 05:39 Robinhood, the wild card 07:16 How he plans to trade them #tastylive #mathcheck #impliedmove #earnings #robinhood #optionstrading #optionsskew #microsoft #meta #optionseducation tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.