Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

NTAP.. anticipatory upswing, led to taking profits in Friday's early call of NTAP puts, and added the calls before the move up. We did hold an even straddle in NTAP (after unloading some profits on the puts) and this is what we mean by "lockin in" and not getting influenced by "I lika dis" and "I lika dat" plays. We didn't actually "lika" NTAP but we saw the writing on the wall