Replies to post #62162 on Options Wonderland

[FiremanDave]

I was looking at CSTR and wondering about buying calls and puts before earnings reports or events. The 60$ calls on CSTR were up 700% the 50$ puts are down 83%. My question is "If I bought 1000$ worth of calls and 1000$ worth of puts ahead of earnings on a stock (not neccessarily CSTR)and CSTR has that 20% jump in PPS would my calls pay more than I lost on my puts"? I'm probobly phrasing this question horribly, but I guess I am asking can you make money buying the calls and puts on a stock ahead of earnings or do u just break even and how often?

Thanks in advance :)

[Fox13]

SPY. There is a debate among geometers of TA on how to score this BAT, which I discussed and predicted for quite a while. The bearish ones see it as a HUGE BAT, while the cryptic bulls see it only as heralding a correction. However they all agree that it happened …