Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

RIMM hope someone got those 85 calls (5.00 to 6.80 (30% gain) (those are the positions we posted on our newsletter) and the april 90 from $2.70 to $4.30 (that's the ask now) no tying up of capital so we can buy other great and cheaper stocks (volume between 1,500 and 2,500 contracts spread is $0.05 to $0.10 (who needs to tie up 90k) 20 calls contracts would have cost 10k and the gain would have been 3.6k to 4k! nice return. the cheaper ones cost $2,700 for 10 contracts and now worth $4,300 bucks (every 10 contracts is double the money) No nervousness associated with trading a 90 buck stock (like GS)We WOULD NEVER trade an expensive stock like this intraday (we did did get from 89 to 101 last month just at the reversal on 24th of February (check our earnings trader archives, its there) but even then options were the way to go.