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

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To: farouk a. hassieb who wrote (41)7/20/1996 9:24:00 AM
From: Jeng Chiu   of 140
 
farouk, did you make out like a bandit on IOMG?

Looking ahead, what do ou think about USRX? The stock's recent run up suggests that anything short of blowout earnings is going to drive it back below 70. Yes, the options are expensive, but do you think they're worth playing?

Also looking ahead, w/ Compaq's earnings out soon, that seems like a good stock to pan. Everyone is so enamored w/ it that it's bound to fall. You know what they say about stocks that everyone likes. Plus, the options are relatively cheap given their stability.

Keep this thread going, your insight is invaluable.
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