How Oppenheimer's Rosin Is Trading Facebook

The video features a discussion with a head of institutional equity derivatives about the current earnings season, market sentiment, and trading strategies. The conversation highlights the challenges in gauging market dynamics, subdued volatility, and the impact of inflation concerns. A specific trade strategy for Facebook options is detailed, focusing on implied volatility and positioning to optimize returns while managing risk.

What does the speaker mean by 'positioning and sentiment being offsides'?

What is the expected price range for Facebook over the next six weeks according to the speaker?