#Earnings … a bit more speculative than my other trades. I am already short some stock from last earnings, but the chart looks more bullish to me. Selling some fairly close puts; if stock drops it will close short stock and put me long the stock.

STO $VLO Jan 29th 64 puts for .60.

This is a very minor mover on earnings: Biggest UP move: 2.4% , Biggest DOWN move: -2.7% , Average move: 1.3% . This trade is 3.9% OTM.