While looking for unusual activity, I found this interesting company called American Tower Corp (AMT). Yesterday, 20,539 March 08 37.5 put contracts exchanged hands. When compared with 1,118 open interests, this is a huge 18times volume in a day that raised my eyebrows.
AMT is to announce Q4 earnings on Feb 25th before market opens. [...]

(for details pls visit www.OptionPundit.net)
I earlier mentioned to take advantage of high leverage that is available on expiration Friday, especially for the earning’s strategy. These were the only two companies I played this time around and luckily both exploded. You may ask why lucky, because I think no one can forecast outcome of earning announcement [...]

(for details pls visit www.OptionPundit.net)

A lot of companies are about to announce earnings this week. As I mention after every 3rd month, this is one of the rarest weeks that comes only once in 3 months. To recap, this is October equity expiration week and there is very little time value left in options [...]