... for a 1.57/contract credit. (Earnings; High IVR/High IV).
I fiddled with various setups long enough ... . Here, I'm going out farther in time than I usually like to go with an earnings play in order to give myself time to be right.
Will look to manage to 50% max profit.
Metrics:
Probability of Profit: 63% Max Profit: 157/contract Max Loss: 343/contract Break Evens: 103.43/141.57
Trade closed manually
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Covered today for a .87 debit. In for 1.57, out for .87; $70 gross profit per contract. Not quite 50% max, but with 35 DTE ... money, take, run.