Replies to post #22228 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jenna]

TASR 85 puts gorgeous today!! TASR has been tremendous and no shares changed hands today at all. We reemphasized holding those TASR puts after locking into the call positions on Friday morning. NO SCALPS on long side since March 24, just solid gains and long term daytrades (and swings) RIMM 100 calls locking in completely even the older 90 calls of course. Now we have the 100 and 95 puts for RIMM and planning for those to do well also. (All these were the put side of recent straddles taken on March 24 and again on March 30 (after the news came out after hours)

TASR update Friday 85 puts in play for the weekend.

Fri Apr 2 11:40:35 2004: jenna - TASR not sure it will do much until earnings
Fri Apr 2 13:43:30 2004: jenna - TASR still crap

Fri Apr 2 13:43:30 2004: jenna - TASR still crapbounce of a consolidation intraday its gone.
Fri Apr 2 15:24:14 2004: Subscriber - Volume Alert -- TASER Intl comes under sudden sell pressure, chatter of another negative Barron's article being cited (TASR) 84.78 +2.02

[jenna]

TASR pause that refreshes 80 or 85 calls looking good STAY WITH APRIL. Ludicrous with this many days to expiration to trade the May or June at triple the price. Not cost effective.

[jenna]

SNDK, TASR pause that refreshes 80 or 85 calls looking good STAY WITH APRIL. Ludicrous with this many days to expiration to trade the May or June at triple the price. Not cost effective. Loaded up on SNDK calls this morning (but less now) but with 1/4 puts in case of catastrophe, the price was cheap enough to all for a half dozen other earnings plays at 1/10 the price and leverage for over 10,000 shares of stock! I don't need to be an investor in SNDK, a few shares (not more than 1k suggested) but a lot of calls will give you good gains. We have daily, intraday and all kinds of charts for SNDK and about 6 other earnings plays already 'in play' and long with hedging all around. (If there is a huge downgrade in SNDK, I couldn't care less the puts will be worth many k's if that happens and the calls already locked in)