Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

Okay here comes MSFT. In the real-time trading room we chose a straddle (the november 27.50 puts and the 30 calls) the entire position cost $0.90) Now we won't have the fabulous profits we had with the tech wrecks, however if the position itself moves up to say $1.20 or that would be a big gain.. and so on.