Earnings play
Published on January 23, 2007
Earnings play
Here the four tickers I am looking at for further analysis: PCP, ENR, BLK and PLT. Once the risk/reward is clear, I shall let you know what I plan to play tonight for earning.
Profitable Trading, OptionPundit
So far none of the above seems to fit to the criteria.
Though I am inclined towards BLK and ENR for the call side backspread, I am not comfortable with the risk/reward and hence dropping the idea to open any trade for earnings tonight.
[…] With reference to my post last evening here, all four but 1 earning plays are up. BLK opened up by $5, $ENR is up by $5.7, PCP is up by $4. PLT is almost flat (losing $0.30). […]