ADBE position probably the best strangle this week (well I did like MATK although it was just calls) VRTY gave me a run for 'da money this morning but it was worth it. I had my doubts on that strangle anyhow. We will be spending more time with gaps 'n snaps (ADBE today, didn't need it though, gaps 'n craps (ZQK) and Gap's n' craps 'n recoverys (reversal plays my favorite) VRTY. Today was just a really classic example of how you can make them all (didn't do the short on ZQK but in practice it would have been perfect)
Now holding ZQK, ADBE through earnings (even MATK) was the easier play all you had to do was wait for an exit level especially after a nice profit. Everything else that came from ADBE 40 calls today was gravy
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