Monday, January 24, 2005 7:43:02 AM
ProfitAce, interesting play. Another darling of the street..... any slight miss in EPS or guidance will most likely send the stock way down. The way I´d play this would be the 55 straddle, need the stock to dip a lil to get good entries. Premiums are expensive no doubt, but with these strikes you can just hold both sides as I think the stock will go back over 60 or under 50 in the next 4 weeks.
Its never been a HUGE gapper on earnings, but a nice trending stock.
Its never been a HUGE gapper on earnings, but a nice trending stock.
~DC~
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