I think this stock could see a nice rally after the release of its earnings report tonight. For one, this is a stock that has a strong negative sentiment. In other words, it's a stock a lot of traders think will fall significantly from current levels. I have to admit that I enjoy the contrarian trade, and this is one of those instances in which taking the contrarian position may pan out. Generally, when a stock has too many playing on one side of the trade more often than not it will go the other way. That's what I think will happen with this stock.
Here's the chain heading into the earnings report tonight:
I like the $24 calls at $.60
I also like the $24.50 calls at $.45