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Strategies & Market Trends : Picks of the quarter
ATHR 5.600-4.3%Jan 15 3:57 PM EST

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To: Patrick Slevin who wrote (8979)1/20/2010 7:41:14 PM
From: jmiller099  Read Replies (1) of 20435
 
These are the details:

Message 26259670

Explanation for why I called it a dangerous put play is a combination of the following. Buying options a day or two before earnings is risky. You have to get direction right and the underlying has to move more than the expected volatility. Further, the thing is at a 52 week high and we bet the opposite direction. Lastly, underlying is in the bailout club.
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