Into L Aug 17 '13 $45 Puts @ $0.60...

Earnings announcement on 29 July 2013...

Analysts are anticipating a huge EPS increase with expectations of $0.79 per share compared to $0.14 a year ago.

In the most recent quarter, we had both topline and bottom line depreciation with YOY Quarterly Earnings Growth declining -34%.

Many insiders sold in May.

Implied Volatility on the issue is not high at 16.85% right before earnings...  Volatility should spike on Monday and if it spikes in my direction, the risk:reward could be well worth it...

P.S. 50 SMA sitting at $45.06

P.P.S. Not much open interest on this...