#Earnings Trying a low cost speculative play on this. FOSL usually goes down on earnings, so…

Sold to Open bearish butterfly: Feb 19th 28/32/36 put fly for .83. Volatility should plummet tomorrow; breakevens on Friday are 28.85 (16% down) and 35.18 (2% up). Look to make a double or more if we spend any time in 32.00 area for rest of the week.