IBM earnings

#Earnings In such a bullish market I rarely sell ATM call spreads, but this one seems a pretty good candidate. Only one time in last 12 quarters has the stock gone up on earnings, and the chart looks bearish. Risk/reward ratio 1:1.

Sold $IBM July 21st 152.5/155 call spreads for 1.25. Max risk 1.25. Biggest UP move: 2.2%, Biggest DOWN move: -7.1%, Average move: 3.6%.