Sorry I didn't get to post this before NY close ... .
Filled for a $94 credit. I usually like to see a $100/contract out of these setups, but I figured it was close enough ... . I'm looking for price to stay between my short strikes between now and expiration and for volatility to contract post-earnings announcement. Post-announcement, price is down about $2 to $28.38, so it looks good at this point .... .
I'll look to take it off at 50% max profit or for about $47 (a .47 debit).
Filled for a $94 credit. I usually like to see a $100/contract out of these setups, but I figured it was close enough ... . I'm looking for price to stay between my short strikes between now and expiration and for volatility to contract post-earnings announcement. Post-announcement, price is down about $2 to $28.38, so it looks good at this point .... .
I'll look to take it off at 50% max profit or for about $47 (a .47 debit).
