#Earnings Bullish trend, stellar earnings performance.

Sold $STZ Jan 19th 220 put for 2.20. Will add another.

One day moves: Biggest UP move: 6.4%, Biggest DOWN move: -7.1%, Average move: 3.8%. +2.6% upside bias. This trade is -3.9% OTM.

Over last 12 reports, -7.1% was its only move down the day after, and that improved to only -2.7% thirteen days later (which is roughly expiration).