Replies to post #24627 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[DCschmoeka]

ProfitAce, interesting play. Another darling of the street..... any slight miss in EPS or guidance will most likely send the stock way down. The way I´d play this would be the 55 straddle, need the stock to dip a lil to get good entries. Premiums are expensive no doubt, but with these strikes you can just hold both sides as I think the stock will go back over 60 or under 50 in the next 4 weeks.

Its never been a HUGE gapper on earnings, but a nice trending stock.