If you're going to play anything next week premium selling wise, it's going to be in earnings , because that's all that's really out there volatility-wise. The VIX remains persistently low here, and running a screen for exchange-traded funds with >70% implied volatility rank, and >35% implied volatility yields absolutely nothing.

Here's what showed up on my radar -- some sketchy ADR action ( WUBA ), a little bit of frisky biopharm ( BCRX ), and some beaten-down brick-and-mortar retail (M, SHLD , JCP ):

WUBA (99/56) (Online Retail): It's scheduled to announce earnings on Thursday (2/23) (Short strangle/iron condor).
BCRX (98/287) (Biopharm): Earnings Monday (2/27) Before Market Open. (Short puts, short straddle). This is biopharm, which -- in itself -- should serve as a warning. You may want to do a bit more due diligence on this one than you would ordinarily, since they can explode, but also implode.
DKS (98/48) (Sporting Goods/Retail): Earnings are three weeks out, but I thought I'd put it out there since it's nearly ripe for play implied volatility rank/implied volatility wise. (Short strangle, iron condor).
M (96/49) (Department Store Retail): Earnings Tuesday (2/21) Before Market Open. Because we have a long holiday weekend here, with the markets being closed on Monday, I've probably missed an opp to play this one unless there is high vol afterglow post earnings . (Short strangle, iron condor).
SHLD (93/127) (Department Store Retail): I don't see that this has earnings up, but it's in the process of imploding. (Short puts, short straddle).
BBY (93/47) (Retail): Earnings 3/1 Before Market Open. We're still a ways out from earnings , so like DKS , nearly ripe ... . (Short strangle, iron condor).
HTZ (92/73) (Car Rental): Earnings 2/27 (Monday) After Market Close. Another one that's ripe right now. (Short strangle, iron condor).
JCP (88/65) (Department Store/Retail): Earnings Friday (2/24) Before Market Open. Another beaten down brick and mortar retail issue. (Short puts, short straddle).
OCN (85/70) (Financial): Earnings on 2/22 (Wednesday) After Market Close. (Short puts,short straddle).
Comment: Scratching that WUBA off the list: monthlies only plus oddball strikes. Virtually unworkable.
Comment: BCRX has juicy short put premium relative to the price of the underlying (the March 17th 16 delta 4 put is going for .70 at the mid), but it's got monthlies only, which can extend duration longer than you'd like if you need to roll. Scratches off list.
Comment: For SHLD, I think you need to go to the weeklies to take advantage of the 1/2 strikes given the price of the underlying. The 19 delta March 31st 5.5 short put goes for 1.20 at the mid, but the bid/ask is grotesquely wide, making it unlikely that you'd get a fill for that. May be worth checking on during regular market hours to see if that tightens up at all; if it doesn't, pass.
Comment: In spite of its high implied volatility rank/high implied volatility, no setup seems to pay enough. The March 17th 7 short straddle pays a .94 credit at the mid, which borders on "totally not worth it."
Comment: Like JCP, no OCN setup appears "worth it." Unlike JCP, it only has monthlies, making it even last attractive for a play.
Thanks for all of your posts; good stuff - appreciated!
@BLKFT, You're welcome. I figure since I do the work anyways, might as well share it with others.
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