Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

NTES straight puts $2.90 now $4.50 just an "incidental trade" to play with SINA. We didn't call the straddle or calls because NTES was not reporting itself. TIP: If you suspect a big downturn in a sector play (i.e. SINA more than of course before SOHU's report) you might add some 'sister play' for extra gain. If you are wrong, you can make it up in a possible gap 'n crap which was the best we expected for SINA (remembering that NTES was one of the best put plays we ever had doesn't hurt either!)