Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

FWHT called a continuing put play through expiration (target 16 and maybe a gap fill to 15.50) downgraded today, go baby! FWHT and LF and MNST (even PCLN) were strong straddles this week and held through the report. LF, MNST and FWHT have given triple digit gains on the puts, while PCLN gave a double and five bagger gain on the calls. EARNINGS PLAYS OUTPERFORM THE MARKET..played as stock position PRE-report date and stock positions POST-report date but no stock positions are recommended to hold through the report. Earnings plays are up in down markets and down in up markets (CI, CLX, MNST and LF were down double digits when the market soared) and today WFMI and moved up in a down market and WFMI continues to hold its own although profits locked in.