CP earnings

#Earnings The only thing I’m doing today is selling $CP Apr 20th 175 puts for 1.15. Fairly close to the money, but CP has only moved down more than 3% one time on earnings in the last 8 years.

Not filled yet, but stock is pulling back now. I’ll drop to 1.10 if necessary.

Biggest UP move: 5.9%, Biggest DOWN move: -5.2%, Average move: 2.9%. This trade is -2.8% OTM.