in CSTR july 60's @ .25

Anyone else think at sub $50 this might be a decent earnings play?

just bought some cstr stock. earnings are out tomorrow and I'm hoping that some of the customers netflix lost will start using redbox

currently holding some nov 52.5 calls

Jumped back in @ 40 and change in late September.  I still think this thing can touch 75, though I'll probably bail just over 60.  I wouldn't count on immediate benefits from the NFLX exodus just yet, but going forward, there's a lot of potential there - and they still haven't released those new products they've been working on, yet.

glad i took all my gains yesterday before the drop...

Big gap higher this morning

Kicks and giggles.  Bought some March $55 calls ahead of earnings today.  Nothing major, just a nice dinner at French Laundry if they hit.  Pure gamble.

Say hi to Thomas Keller for me...

Wow.

Quintious is one lucky SOB. 

Woohoo!  Screw French Laundry, this calls for a weekend trip to Vegas :)

If only I knew how to play options, damn it! I promise to learn soon though. I have capital but I buy the shares instead of playing options (I have slight knowledge but nothing I feel confident about).

Quote:

Originally Posted by nizmo35 

If only I knew how to play options, damn it! I promise to learn soon though. I have capital but I buy the shares instead of playing options (I have slight knowledge but nothing I feel confident about).

I'm not known as an options trader around here either, nizmo.  Matter of fact, I'd consider myself fairly novice at it.  I don't know how to straddle or strangle or any of those other things.  I occasionally just either A) get bored at work or B) get a wild hair up my ass and decide that I wanna gamble a little.  So I buy a few calls or puts ahead of a company that's reporting earnings after the bell so I have something interesting to keep an eye on.  Since they're more volatile, they're more interesting to follow over a period of hours than just buying an equity.  I've had 20,000 shares of the CSTR equity for just under half a year now that I bought back at 40.  I just haven't really been following them closely.

I'm surprised you haven't retired yet!

Once again, great trade.

Quote:

Originally Posted by KingJaffeJoe 

I'm surprised you haven't retired yet!

 

Once again, great trade.

And walk away from my juicy ass stock options and all the employee perks at work?  No way!

Do wish I had nutted up and bought more than 6 calls, though (picked six figuring that I typically blow about $1,200 on a nice dinner, I might catch a double and pay for a nice meal).  Turned out it's gonna be at least a 3 bagger, maybe even a 4 (I just don't know enough about options to know how much the premium will move from 5 under the strike price - $2 each -  to 5 over and still 6 weeks to expiry).

But thanks :).  For the record, I think these guys can hit 65 by the next quarter.  Very well run company.

this one you can base off another company reporting, which did quite well.. so why wouldnt CSTR

In @ 2, out @ 6.50.  I'm not greedy.

I gave in and started a short position for long-term. I will add every 5-10% decline to average down.

whack whack whack every day after earnings. Eye on it for gap fill then rise or settle around 55 then stabilization...