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EA earnings
With EA earnings next week and the stock currently going down,
it may be prudent to consider adjusting a naked short position. The
52-week high is $60.63, the high of Oct 2007 was $61.62, and the
all-time high of March 2005 was $71.16. If it breaks above the
current 52-week high, and with such strong momentum behind it, who
knows how far it keeps going. I'm suggesting either purchase calls
around $61 to limit short exposure, or swap short shares for puts
around that price.
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