Replies to post #27602 on Options Wonderland

[guitarmusic]

Yep I can see that..so now i dumped the put for a small gain and i wait out the call to recover some


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My posts are MY OPINIONS; form your own and happy trading!

[samaelrocks]

Exactly. I'd never play an earnings play. Got burned myself with YHOO. Apparently, the demand for both puts and options going into earnings is high thus higher premiums. The day OF earnings = a bunch of traders with current positions hoping for the "greater fools" to jump in. This should be mentioned in the ibox, IMO.