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As to the trade. Take a look at the weekly chart. Note the volume spike and the move down in the stock price starting 3 weeks prior to earnings. I may be a few days early but realize that I only took a 1/2 position. A 1/3 position might even have been a better plan.
Also, It is quite rare to see stochastics embed to the upside for 3 months straight. Stochastics have now been embedded for most of May and all of June. I believe that we will see a retracement back to the March highs by the end of July. Earnings are July 29 so I expect to see profit taking as we approach mid July.
Keep in mind that my idea to short AET is not really confirmed until I see a close below 81.40. Also realize that I'm not looking for a failure of the channel. I'm simply looking for a pull back to the lower end of this upward channel.