Expecting this company to show more signs of weakness by then.
Those Put contracts are to expensive for my taste. I am seriously considering shorting it though before earnings. Watching it closely.
Sentiment: Strong Sell
BTW, what strike price are you targeting for August? I'm thinking about buying some puts for $12.5 tomorrow if this POS is up and there's a relatively high volume for that strike price. Otherwise, I will choose the strike price with more volume.
$10 puts. The $12.50 ones look pretty solid
I own some Feb and some May puts. Hopefully this POS dips before my Feb options expire. If this POS goes even higher than this, I will buy some August puts.