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Strategies & Market Trends : Gersh's Option trades -- Ignore unavailable to you. Want to Upgrade?


To: Elmer Phud who wrote (91)10/9/2004 12:27:53 PM
From: Elmer Phud  Respond to of 652
 
Thread

I'm inclined to let them ride because AMD always runs up before earnings (this afternoon) and then falls again afterwards.

This is exactly what AMD did again yesterday. Up strongly Thursday before earnings announcement, down Friday morning. This has been a repeating pattern for a long time now. I will play this pattern next time.

I wrote some Nov $15 Calls yesterday. Got $0.30.