PLCE earnings

#Earnings #ShortPuts A consistently bullish earnings trade.

Sold to Open $PLCE Aug 18th 110 puts for 2.00. Over 13 days after earnings in last 12 quarters, Biggest UP move: 19.3%, Biggest DOWN move: -4.5%, Average move: 8.2%. A +6.6% positive bias. This trade is -6.4% OTM.