UAL earnings… back to selling

#Earnings This one is the opposite of MSFT… a couple of outlier larger moves, but a low average move: Over last 12 earnings: Biggest UP move: 4.5% , Biggest DOWN move: -9.8% , Average move: 2.4% .

Sold to Open $UAL July 22nd 45.5/47.5/48/50 iron condors for 1.42. Risking .58 to make 1.42 max. This will give an expiration break-even at +/- 3%. Even if there’s a bigger move tomorrow we have until Friday to drift back toward the mean.