RH earnings

#Earnings #ShortStrangles Sold to Open $RH Dec 9th 32/45 strangles for .90. Biggest UP move: 12.7%, Biggest DOWN move: -21.2%, Average move: 7.0%. These strikes are each 16.9% OTM. RH usually moves up on earnings; it’s drop of -21,2% last June was an outlier; it’s 2nd biggest drop was only -4.3%.

#shortputs