### Comment:
They also have massive balls to do that before earnings especially for snap

### REPLY:
I sold iron butterflies. Balls aren’t very massive over here. The IV was 240% on the atm put and 204% for the atm call. Average IV over the last 30 trading days was 85%. Snap would have to move 12-15% for me to lose money. My balls are quite scared for the Boeing earnings butterfly I sold, however.

### END.