Currently buying options before earnings reports trying to guess which way earnings will surprise. Stocks move either in anticipation or realization of earnings. Example. Buying put option before J B Hunt announced this month.
China New Borun Corp (BORN) down 61% last 3 months on no bad news except Schwab disallowed margining. Corn price concern but BORN prebought.
Jun 10, 2011
Retired
Corporate Analyst/Programmer - Airline Communications Protocols.
Online Schwab account since 1985.
Best portfolio stock is British Tobacco.
Worst stock New China Borun.
Flyer stock S & W Seed
Commodity stock Woodside Petroleum (Austrialia)
Currently buying options before earnings reports trying to guess which way earnings will surprise. Stocks move either in anticipation or realization of earnings. Example. Buying put option before J B Hunt announced this month.