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Strategies & Market Trends : The ultimate play:STRADDLES on earnings announcements.

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To: farouk a. hassieb who wrote (19)7/7/1996 7:06:00 PM
From: Ravi Durairaj   of 140
 
Farouk,
With a stock like ASND which is doing so well and has such positive expectations,
wouldn't it be better to buy more calls than puts ? I like your idea of
straddling IOMG, as it could have an earnings below expectations. But
the chances for ASND to do that are pretty slim. So why straddle ? Why
not buy outright calls and for security, a few puts ?
-Ravi
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