Replies to post #12734 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jenna]

PTEN stop area is 33 but might be a good idea to take 50 to 75% profits in the 35 puts for March just under 32.

[jenna]

PHM July 50 puts up 35% (1.40) sometimes you have to lose as I said up to 30 cents but its always worth losing an occasional option (or the 25% we leave over) for the homerun.