2 opening plays

[wallstreetsedge]

look to buy puts on...

SNE mar 45 or mar 50 or apr 45

GRMN apr 70 or apr 75

[MrSer]

nice call on grmn i played it at the open as well. [On the call, according to Bloomberg headlines, the company said: It sees competition increasing in 2008, says average navigation-device price fell 19% in Q4, sees navigation-device prices dropping 20% this year. On a positive note, the CFO said retail inventories are "lean."]

[wallstreetsedge]

yeah my buddy called me while i was watching it open so i didnt get a chance to grab it while it was still up 3-4%

instead i grabbed it while it was up somewhere about 1.5%... i was in an out.. probably made about 30%.. probably should have held onto them longer


didnt really get into SNE since it opened down 1%

i did buy some puts on HPQ though