Earnings play HIGHLIGHTS: some of the good plays week July 22-July31 Many of these were up 10% or more**
Calls:AXP,HAL,VECO,ALL,HERB,ETH,SDW,CDG,MRO,CGX,BEN,OCAD,ABF,ORBKF*,TLDCF* MCRL,RON Puts: OIL,WCLX,AOL,BFI,EK
*did not report yet but stock was good for a good run ** exact data are in my notes, but to cumbersome to post...
Conclusions: plays for earnings can be VERY lucrative if you do your homework.. My biggest frustration was not having the correct dates of reporting and missing some good plays... Next earnings I will call the companies one by one that are on my list to confirm dates, and keep running files on the trading patterns of these companies at least 2 weeks before earnings. |