Getting to this late, but this one almost never moves down on earnings. You have to go back to Dec 2010 for its only significant down move, -6.5% Last 12 reports, Biggest UP move: 14.7% , Biggest DOWN move: -0.2% , Average move: 6.2% . This trade is 9.4% OTM.

STO $AVGO Dec 4th 120 puts for 1.00.