#Earnings Sold $AZO March 2nd 660/790 strangle for 3.95. Biggest UP move: 5.8%, Biggest DOWN move: -11.8%, Average move: 2.5%. My strikes are +7.2% and -8.7% OTM.
This is a 1-lot. I plan to sell another toward day’s end.
The -11% down move is an outlier from last May. It bounced from there and ended the week down only 6%, and then sunk to new lows a couple weeks later.