Looking long into earnings via call debit spreads or put credit spreads. The 5/19 240P had some action Friday; traded 985x 5.80ish a contract, looked like a roll up from the 220's, same expiration more juicy premium $$; break even/if assigned, long at HKEX:234, or prior support level. Daily chart with inverse head and shoulders setup. Goldman wrote a piece on 4/18 that included EL put underwriting on a six month put sell (Oct 240P), based on support levels for EV/EBITDA, EV/Sales and P/FCF.