WAG is scheduled to release earnings on Monday Before the Open at 7:30 a.m. ET. Market Expect $0.62; look at the following option straddle.

WAG 47.00 JUL 11 C $0.56

WAG 41.00 JUL 11 P $0.46

Needs a $1.02 move

Or

WAG 46.00 JUL 11 C $0.87

WAG 43.00 JUL 11 P $0.88

Needs a $1.75 move

The above pricing is Friday's close. Last earnings appeared to have a 5% gap, will see.

NOTEABLE UPDATE: CRASH AND BURN!!!