SRPT earnings

#Earnings Sold to Open $SRPT July 21st 28/31/36.5/39.5 #IronCondor for .70. Low priced stock means risk is lower if assigned… strangle worked nicely last quarter, making it a condor this time due to exceptionally better margin requirement my broker is giving me versus a strangle.

Over last 12 earnings, Biggest UP move: 7.2%, Biggest DOWN move: -8.8%, Average move: 5.2%. My short strikes are about +/- 8.0% OTM.