In last 10 days any stock - I mean the even the ones missing earning estimates stay down for few days and start going up in their own merry way - UP UP
Look at AMZN, RVBD. I did pick RVBD March call spread and it is making 60% return in two days - I wish I can repeat the same every week. AMZN picked $15 or 7% in two days from the lows after earning date.
WLP was hit and always finds support around $64 - Have traded every day with option calls and made money - i buy calls when it touches $64 - Today it did break below 64 and that was the time I bought the March 62.5 call for $2.81 and sold them at $2.45 - calls did go as high as 2.55/2.60 - Why take extra risk
I did buy WYNN March 120 calls for the sane reason at the end of day - to be seen if they make money. I paid $3.50 - they were making $10 by end of day.
That is just a pipe dream

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February 3, 2012
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