Intel looks overextended to me going into earnings. I understand they crushed last quarter but I expect them to meet analysis expectations or fall shortly below. I’m selling a put at the 52 strike price for the short leg of the spread expiring this Friday. I am then buying a put 3 weeks out to February 23rd at the 52 strike price as well. Thoughts on this play? Should I use my premium gained to hedge my bet further and buy a cheap Friday call?