Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

SNDK Newsletter posted to hold at least 1 straddle in SNDK both long and short in case we get some really bad or really good news so we're ON TOP of all earnings plays. Locked into SNDK though the long but looking to buy at bounces off the rising 20 ma. As we said all our earnings plays through beginning of next week are already set up in positions. ...No matter what happens with SNDK intraday, its important to keep at some call contracts for a move up which might be in premarket or after hours. Some put contracts important as well. You DO NOT NEED boatloads, just some 'foot' in a any big move that might happen any day now. We did pick up the next option (32.50) which are profitable already, although I'm not at all sure it will do as good as we suspect we suggested a hedge on April 30 puts.