Robinhood ($HOOD) Earnings Trade Vol Crush Setup - Tough Decision to Make! Here's my set up: ATM Straddle Cost $7.65 HOOD Breakeven Low @ Expiration $76.35 -9.1% HOOD Current Price $84 HOOD Breakeven High @ Expiration $91.65 +9.1% Implied Vol 128% Expected Vol Full Crush (vol points) 61.9 Delta $-1.48 Gamma $8.41 Vega $5.95 Theta $126.20 Post earnings expected range +/-15.8%. Full vol crush = -4.4% of stock price. Crush adjusted move +/-11.5%. **Implied move +/- 9.1% so options are cheap!** However, only 36% of last 11 EA opening gap exceeded implied move. When the stock moves, it moves. But when it doesn't it doesn't. **So tough decision to make on this one.** If full Crush occurs, expect to lose $3.70, or nearly 50% of the straddle price, so we'd need a big move to pay for it. **Conclusion: When in doubt - sit it out!…