### Comment:
How wide do you want the legs?  I assumed 5.00 for a one day trade seemed fine but the collateral is the restriction.  Wouldnt your credit spread be a similar play to mine with higher risk?  This was meant to be a cheaper play on a generally more expensive stock.  I've had ok luck with calendars on earnings due to iv crush but you would benefit similarly.

### REPLY:
youre gonna want more like 5-10% wide on a critical earnings event like this one

### END.