DAYTRADING YAHOO!

[The Wawh]

YAHOO GAP Expected

IMO the overall chart looks bearish, but good figures can change everything. Anyway I expect a gap up (above $30) or down (below 25$).

Best way to handle such a thing is an option strangle, buy a put and a call in equal value/amounts one will be lost, but the other will boost. With no movement a slight loss must be calculated in.

If the quarterly report is considered negative, we might fall back to the $18-$20 area the next few weeks.

I was too late to buy, but expect the pps to fall tomorrow.

This is just my comment, do your own DD.