
BTW the appropriate way to play earnings is to buy about a week before earnings and to sell a day or 2 ahead of earnings. You never hold through earnings because you will lose more often than you win.

February 05, 2014 12:37 PM EST
I have decided to go with LNDK for an earnings play. Earnings are scheduled for Thursday Feb 06.
- LNDK at $213.20.
- Bought 1 contract Feb7 240.00 weekly call at $1.88.

LNDK up 3.55% and I have decided to close the position at $3.95.
- LNDK at $221.93.
- Sell to close 1 contract Feb7 240.00 weekly call at $3.95.
![]()
Congrats. There's a big bounce potential if the market bounces back.
Do you think call options are pricey at these vols?
