$CMG #ShortPuts – Sold 1…

$CMG #ShortPuts – Sold 1 CMG Aug 4 2017 300.0 Put @ 1.70 with the stock at 348.64.
This expires in 2 weeks, after earnings.
All of the current bad news flow happened after the end of the quarter so I don’t expect a 50 point drop on next week’s earnings.
And it could always be rolled out if necessary.