#Earnings I’m not taking this trade because I’m a bit light on buying power, but worth looking at for the Aug 18th options. That’s 17 days away, and the stock has not fallen more than 12% at any point after earnings, even up to 21-days after. The 200 puts are about 12% OTM. You can be even safer selling the 195 or 190’s. Also nicely below trend channel and 200 ma.
Here are 21-day stats: Biggest UP move: 8.7%, Biggest DOWN move: -5.9%, Average move: 5.0%.