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samaelrocks

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samaelrocks

Re: Threeflight post# 27602

Thursday, 06/26/2008 10:36:37 AM

Thursday, June 26, 2008 10:36:37 AM

Post# of 72979
Exactly. I'd never play an earnings play. Got burned myself with YHOO. Apparently, the demand for both puts and options going into earnings is high thus higher premiums. The day OF earnings = a bunch of traders with current positions hoping for the "greater fools" to jump in. This should be mentioned in the ibox, IMO.

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