Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

TASR 330% gain from 2:00 update and 650% to date on call options. Its important that when stocks that move up and up on anticipation before the report, or even in a lazy 'sleepy' way many stocks move up before the day of reckoning and are essentially ignored, the "shock" of the report is usually strong to send it reeling down for 3-5 days and maybe more. Two of our best gainers were SUPG and ODSY (ODSY even on today's short list as a short the rally play) and BBBY once again on our short the rally list with a short trigger named below 40. LEN and KBH (CTX the short with LEN)after their consecutive earnings report, were slaughtered with only one "up" pause that refreshes that halted downside. I'm beginning to think we get upside finally on the one losing option position KLAC which did erode after we picked it up. What we do is SHORT, SHORT SHORT at any and every opportunity to make up for the loss, and we did to about break even now.

KLAC SHORT and/or PUTS (from $1.00 to $0.45 and short KLAC intraday already up $0.50 and still short so we are now about breakeven and tomorrow we'll either have to cover or continue the short.)

KLAC April 50 puts KCQPJ at $1.00 @ $1.10