Max Profit: $190/contract
Max Loss/Buying Power Effect: Undefined/~$260 (on margin); full notional (cash secured)
Break Evens: 11.10/14.90
Notes: Implied volatility's still pretty high post-earnings at 42%, so taking a modestly assumption shot with a position that emulates the delta metrics of a 30 delta short put while bringing in more credit, albeit with some upside risk above 14.90. In comparison, the 30 delta shortie in April (the 11 strike) is bringing in .47 with a down side break even of 10.53. I'll look to take profit at 25% max (.48) which would be about an 18.3% return.