OLED earnings

#Earnings Sold $OLED Feb 23rd 140 puts for 2.15. Biggest UP move: 23.9%, Biggest DOWN move: -11.5%, Average move: 9.6%. Bias: +3.7%. My strike is -9.1% OTM.

Never traded this one before, but it has a nice upside bias. The -11.5% move in Feb 2016 was its biggest ever move down. Last Feb it went up 20%.

I will sell more if stock drops a bit.

#shortputspread