Live Action: Schnitzer Steel Industries Inc (SCHN) calls
I just purchased a few Schnitzer Steel Industries Inc (SCHN) July $25 calls with $0.75. SCHN will announce its earnings release tomorrow morning. I was thinking about straddle, but I believe the stock is a little oversold. But the risk is huge and if SCHN misses, I will probably lose everything. Therefore, I didn't take more than only some calls.