> Some of these guys just buy weekly options ahead of an earnings call,
Obviously working for the company in question makes it different, but this doesn't seem crazy or unusual.
I've worked placed where it was very easy to predict the stock movements ahead of earnings call since the company's success/failure is in public eye a lot (same true for netflix?).
The top 5 companies in terms of market cap get lots of attention and analysis. I bet most people could review that data before the earnings call and guess the movement of the stock enough to make money.
Again, i would never touch my companies stock on the market but it doesn't seem like you need insider knowledge at a lot of big companies.
Obviously working for the company in question makes it different, but this doesn't seem crazy or unusual.
I've worked placed where it was very easy to predict the stock movements ahead of earnings call since the company's success/failure is in public eye a lot (same true for netflix?).
The top 5 companies in terms of market cap get lots of attention and analysis. I bet most people could review that data before the earnings call and guess the movement of the stock enough to make money.
Again, i would never touch my companies stock on the market but it doesn't seem like you need insider knowledge at a lot of big companies.