Dan Nathan Gives His Opinion On Options Activity In Facebook Inc Ahead Of Earnings

, Dan Nathan said that the options market is implying a 8.5 percent move in each direction in

ahead of the earnings report. The average move on the last four quarters was 4 percent. Call options outnumbered put options 2 to 1 and Nathan believes that traders are placing bullish bets in case a move similar to the one in

and

happens. He is not bullish on the name and he believes that

is a dangerous stock to own.