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[FiremanDave]

I was looking at CSTR and wondering about buying calls and puts before earnings reports or events. The 60$ calls on CSTR were up 700% the 50$ puts are down 83%. My question is "If I bought 1000$ worth of calls and 1000$ worth of puts ahead of earnings on a stock (not neccessarily CSTR)and CSTR has that 20% jump in PPS would my calls pay more than I lost on my puts"? I'm probobly phrasing this question horribly, but I guess I am asking can you make money buying the calls and puts on a stock ahead of earnings or do u just break even and how often?

Thanks in advance :)