Some thoughts about gambling into earning's

I was in chat room other than my own, and made these comments, figured a good idea to post them to the rest of the world, lol. Hope this helps some of ya degenerate gamblers out there!!

There are ways to play earnings, here is a case in point, few days ago for $OPEN, I bought Feb 100's while it was near 85. Normal option guys will frown on this, but anyway it works. because your catching juice. Very next day with very little movement in the stock the "juicecard" was punched, and I sold 1/2 for +100%. Now I am left with a "FREE" trade, keyword "FREE"!!! next day decided against taking all of them into earnings, so I sold another 1/4 @ +20%. So this left me with a 1/4 size of the orignal trade. and no matter what I made 20% on the trade. The remaining calls are now just about worthless. BUT and i stress BUT, if it exploded north, we might have been talking about a +300-500% trade. I will let these calls expire worthless and at the very end of the trade i made 20%. Holding common into earnings it about the stupiest thing I eVr! see noobs and seasoned traders alike do, it just plain STUPID!!! I am not meaning to offend, and apoligize in advance if I have with this statement, but if hurting someones feelins a smidge on a thursday night, might save that same said person from doing it again and save them 5-10-15-25K well then all is good. Believe me I have made every mistake there is in this game. If you don't learn from your mistakes in this game guess what? The GAME is OVER for you because you BLOW up! So please people stop it, unless your up 15-20% on a holding, dont do it. Stop making excuses and turning a STUPID gamble into an investment, this is straight from my heart!! It PAINS me to see this. I wear my heart on my sleeve ask any1 who knows me. End point is just don't hold common into earnings.

Pretty much I gotta be up 15-20% to even consider holding into earnings. Now that might be just straight up, like my IRA that I built at the lows in 09, which is 100% free right now, because i sold half of everything at 100% or better. Basically WW3 could hit, and it could go-to $0 and wouldn't hurt me. I haven't even opened the acct to look in about a year. Why? Because I am afraid I would start selling, lol. Or my cushion method like my last BIDU trade. I hit it with weight and covered 75% +5-+10, and left me with a small core short at 106.67. By the time earnings came around it was trading near 107. I was still insane green on it. And I made the decision to gamble the last 1/4, well I was wrong. And was forced to cover in after hours @ 114. End of trade from start to finish I was flat. Because of the cushion. Yes I gave all my gains back. but keyword there is "GAINS" house money people!!! But pretty much I nVr! hold common into earnings.