Here is a "possible " interesting trade <br /> <br /> GES is reporting its earnings after market closes today <br /> <br /> Based upon the last Q earnings in May, and the market reaction, there was a Large Gap UP ( nearly $6) <br /> <br /> If you buy today teh Sept 16th CALL Option at 33 Strike Price, there "could" be tomorrow a very large gap up again <br /> <br /> Or you could hedge, and take a Straddle position. <br /> <br /> My opinion is that looking at the last trades in May before the earning results, the " probability" of a Gap UP tomorrow is better than 50% <br /> <br /> Disclosure : I have purchased today CALL options <br /> <br /> Please Note : These are my opinions, and you need to make your own DD and decisions <br /> <br /> GLTY All