### Comment:
&gt; Apparently nobody should ever play earnings because there is 'always an IV Crush' so who does play earnings? 
  
 [I do](http://opcalc.com/c5qK), like I just said there are smarter strategies. 
  
 &gt;buy back in after earnings 
  
 great way to let mean reversion and profit taking hand you your ass.

### REPLY:
I do like that play, I should do that with 40 contracts.  
  
 as for the buy back after earnings, I know to watch it for a few days to see how low it will drop.  I don't mean to buy back in the second after earnings..

### END.