PMCC – Contract price only or stock price?

TLDR; Should I wait for stock price to settle?

I've researched hours and days on PMCC. I know how the Greeks affect things, I know that post earnings is the best time to buy stock due to IV crush… I know how to manage a short position. Now I want to put it into practice. FWIW I've also been in futures and general swing trading but trying out options.

Now, in light of my limited knowledge, I'm trying to understand if it's all about the contract price or if I should wait a few days for stock prices to settle after a good earnings report?
I've found a few contracts and ran the numbers that even if I got assigned (although I would likely manage it and roll it over) I would be ahead a few hundred.

For reference, I'm considering companies like SBUX and KO.