Ced's High Risk Options

[ced70]

If your new to options read up on how to trade options and make sure you understand that Time Value of Money is always working against you. I always thought that you could do a PUT and a CALL before earnings and hedge on certain stocks that tank hard or run hard on earnings, but that doesn't always work. The one thing to consider if you want to do that is do it on stocks that release close to expiration. This way you basically get the actual change in value instead of a small portion of it. For example I done a 35 PUT option on SNDK right before earnings and it tank to 38 but the option actually went down in price because everyone anticipated over the next few days that it would go back up.