CELL (Hello JCOM #2) our winner after hours! Big loser and we have the straddle. Our bias was quite strong to the downside for CELL. We stalked CELL for two days more interested in the move after hours because of the breakdown last quarter from 30 to 15.
e-mailed today: CELL yesterday's update for earnings coming out tonight. CELL second tier play for aggressive traders. February 22.50 calls ULNBX as the stock is moving well today and the Feb 20 ULNND puts . The straddle would under $2.00 and there are no guarantees but if you are AGGRESSIVE and can play a potential gap in the morning, we might have another JCOM here.Non-option traders some others might prefer to play intraday moves today and tomorrow in CELL until volume increases which it possibly will later today and certainly tomorrow
CELL emailed yesterday:
CELL reports tomorrow after the close and we've been short in the past Nobody really expects anything good to come out of this company however it has NOT faded below the rising 20 day moving average since the first week of January. 21.20 to 21.50 an interesting area here. Volume has come to a halt but might continue later in the session.
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