Replies to post #19039 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jenna]

QLGC plummets as traders short covering masquerades as a genuine rally (another good short opportunity) however the 55 puts will put in overtime, we don't have to! QCOM failing at the 100, and 50 ma, but even here we covered earlier but holding a STRADDLE/STRANGLE. The short (puts) picked up first and the calls near the lows (some held them from before the 47.50 calls)