Ross Stores (ROST) reports earnings today after the bell. Today's trade is an Aug. 27 $117/$120/$127/$130 iron condor at a $1.50 credit. This is a range bound trade. There's no e-commerce with this store, it's all brick-and-mortar, points out Scott Bauer of Prosper Trading Academy. He says the market maker move is $5.00 to $5.50, which is not real excessive going into an earnings print. He also gives his thoughts on the market overall.
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