Feb. 3 at 7:37 PM
$PNR I called the PNR sell-off on earnings,when we saw huge put buying prior to the release. Today, there is good put activity in ORLY,CTSH,J,SONO prior to earnings. But I have harped on we usually play earnings before and after, and not take shots. Today we shorted AMD at 249, betting on traders flattening before the close. Good for 2 to 8 points.