How to play dollar general earning in a creative way?

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  Dollar general  DG  is announcing its quarterly  earning on Thursday morning august 25th at 10 AM
Our favorite point of view of trading that earning is taking a look at its option chain https://www.google.com/finance/company_news?q=NYSE:DG&ei=eze9V9CGA43RjAGIo7DwDA
https://www.google.com/finance/option_chain?q=NYSE%3ADG&ei=Tjm9V_jJBIqvjAHD34fAAQ
After analyzing its both chain for August 26/16  and September 16/16  we have noticed that August/26 out of money calls and puts which both expires  in two days is over priced comparing to September 16/16 out of the money closer to the strike price . DG closed today at 91.49 a share , our favorite strategy for that trade is buying calls and puts  September 16/16 closer to on the money and sell calls and puts  august 26/16 out of the money with a higher strike price. Our trade will be
  Buy 92.5 call sept/16 for 200$-sell 95 aug/26 call for 85$ . Cost of that spread is 115$.
   Buy 90 put sept/16 for 185$  - sell 87.5put Aug/26 for 75$ . Cost of that spread is 110$.
  The  purpose of that trade has two goals :
 - If the stock move in any direction up or down more than 3$ it will profit 50$ out of 225$ the cost if both spreads , that means about 35% profit .
 - If the the stock price didn't move enough after the earning we will keep profit from selling both calls and puts out of the money for August 26/16 which will end up worthless.
     Happy trading

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