posted on 07/30/08 at 11:40 AM
Posted by AMEDS on 07/30/08 at 11:40 AM
locogmac posted July 31, 2008 (06:42AM)
AMEDS posted July 31, 2008 (12:05PM)
DavidDT Trading-to-Win.com posted July 31, 2008 (01:17PM)
That happens - cost of doing trading business.
Still, you had correct understanding that even on good ER and potential pop after ER - the right way would be to fade - credit cards are the next disaster to happen.
Thou - next time - one word for you - STRADDLE into ERs.
AMEDS posted July 31, 2008 (02:39PM)
Jim Jackson posted August 01, 2008 (02:08AM)
DavidDT Trading-to-Win.com posted August 03, 2008 (04:38AM)
Jim Jackson - who in the right mind will position himself for ER the day before ER?
I thought I did not have to state obvious.
And beside - just going long calls/puts the day before ER even MORE expencive due to the same high IV
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