Monday, October 18, 2010

Earnings

I am playing aapl for earnings the same way I played goog.

I am buying the $320 november calls equal dollar amount to the january 2012 $250 put. So the upside and down side have equal weight. If AAPL blows out the numbers will sell the calls the next day.

We got BIDU reporting on 10/26/10, going to put the same trade on today. Buying the nov $105 calls and the jan 2012 $80 puts.

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