A Parlay to the Downside

Call it luck or what have you, but Wednesday's Russian Roulette of earning upside trades worked out. At first, it looked ugly with Twitter (TWTR), Pandora (P) and Shutterfly (SFLY) all taking huge drops, but Yelp (YELP), after a tepid start, has roared higher and Green Mountain Coffee Roasters (GMCR), well, the news and charts have been beaten like a dead horse, so no need to rehash. However, those two propelled this group to a big net gain.

I'm going to parlay those gains and just the gains into another round tonight, although this time I am more focused on the downside. First up are two plays not purely to the downside but overweighted bearish. Again, all these names have a big short interest and options pricing in a big move post-earnings. It is likely not all of them will move, but I'm just looking to be correct on two here and I equal-weight all the plays....196 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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