Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

ADBE 40 puts from $1.40 to $1.75 not much but we 'wrote them off' for $0.60 (after the ADBE report) selling them for $2.60 rom 12/09 before ADBE "earnings run day" on Thursday. After ADBE gapped up on 12/12 they were a little less "eroded" have come back to breakeven and now holy moly are profitable for the second time this month. A very long and intense stalking of ADBE both.. sides profitable (even as we sold 75% of the puts before the report) Never say its over until the fat lady or "blimp stock" springs a leak.