Tuesday, October 25, 2011

Earning individual name

AA:
  • Relaible earning selling. because it is the first to report and ususally baked in a lot of mkt risk instead of earning risk. Selling a strangle. (steven place)
AAPL

  • Alternative is CRUS, QCOM, SNDK or whatever suppliers for AAPL
  • It usually start running 2-3 week before. 2 days before the earning usually the biggest mover. the day before the earning is usually a dull day. On earning day, the stock usually gap one way or the other then revised.
CREE
  • move together with VECO and other LED
INTC
  • INTC earning = AMAT and other semi conductor supplies
RIMM:
  • buy Straddle 10 days before the earning
SINA
  • Usually does not move much after earning

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