. >> mike ccomikecoe is being bul. >> he's trying to define the risk.s essentially binary when it comes to earnings, earnings have to pan out or you're going to lose the whole amount of money you paid for this in a heartbeat. >> do you like amberella as well? >> i'm not as crazy about it. but i think this is the way to play it. in all of these names this is the way to play it in many instances, as expensive as the options are, they're cheaper than they have been and they're implying moves that are smaller than what the stocks have been historically reported. >> what's gotten into you, mike? maybe it's the facial hair that's different. got a question out there about options about mike's facial hair. who doesn't after all, there's only one place to go, options action.cnbc.com. the hottest news. here's what else is coming up. no need to be scared, because the collapse in the vix could signal a massive buying opportunity, we'll tell you ha has traders so excited. calling all options fans, we're taking your tweets, so tweet us at optionsaction. i'm here at t