Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

ADBE 35 puts up over 100% ($0.30 to $0.65) The ADBE 40 calls were $0.70 and still around $0.60. Might be a good idea to take some profits on the puts into the close and keep the calls either way don't let the profits erode on those puts. The strategy tomorrow will more than likely be a gap strategy: Either a gap 'n crap 'n recovery or a gap 'n snap... SO its important (LIKE MATK) not to judge ADBE or enter a trade until a REVERSAL is in place (by 10:00) and trade in the direction of the reversal.