#Earnings #ShortPuts I have orders in to leg into short puts, $FB May 5th 148 and 147, on the morning weakness. If we rally into the afternoon I will consider (much further out) calls.

I am bullish on the report but also willing to take assignment.

Over last 12 reports: Biggest UP move: 15.5%, Biggest DOWN move: -6.1%, Average move: 4.6%.