STMP Apr

Big move up after earnings but has come back to the lower end of today’s range.
Selling some premium in April with the IV still elevated (IVR 60).
Sold $STMP Apr 20 230/240 bear call spread for 1.72 credit.
Short strike is near the Oct highs.
Be careful with this one–markets are really wide; both of these contracts have low volume and OI.