Straddle this..........

Here's one the market maker and I are trying to come to terms on today.  Note the IV is still inline with the HV. The last four earnings had nice percentage gaps (gray columns) as well as some nice price movements (yellow trend lines) prior to earnings in both directions. It has now consolidated for the last two weeks and with earnings being a little over four weeks out is is poised to make another move. Trade to trade well. J.R