Replies to post #22020 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jenna]

Well then you should check out the 75 calls because you can free up a lot of trading capital and still control thousands of TASR shares. TKTX and OSUR was on our short/put list today after the run up so we also grab them at impossible highs to short

[jenna]

You might consider TASR April 65/70 puts should move well QURPM while selling the April 60's above 15!! The 70's are a bit more expensive but will MOVE MORE quickly, Be agile, take the profits and go on to invest in the pullback, then pick up the calls once again after a healthy pullback. These might have been buy and holds 3 months ago, but lock in. Don't just hold and hold soaking up 35% losses. Start off with about 1/4 your usual put play and built it up if TASR continues down, if TASR doesn't don't add to the puts. (start with 10-15 contracts). Similar with RIMM. ASKJ perfect short with the market move as high as up 135!

[jenna]

TASR nice play huh! <g>, when traders bring strong plays to the table (although we already called the 60 calls a day after TASR began trading options) folks pick up the strong plays. At this point I'm almost flat TASR 60 calls and started a budding play in the 70 puts possibly just a daytrade.

[teapeebubbles]

TASR reminds me of XLA in 99/00 when it had 900k flt and split 5 times abt 1 split every 5/6 weeks, ran on geo gilder hype and naz bubble made sum serious $$$, then shorted it down

tasr reminds me it cud happen again