11/04/11 $87.50 $82.37 $-5.13 (-5.9%)
08/05/11 $95.52 $91.36 $-4.16 (-4.4%)
Average Magnitude of Post Earnings Return 5.1%
UPDATE: 2.10.2012 With LNKD ripping more than expected, I am short LNKD at $80, but I stopped out at $85. I will leave this trade on and hope the stock sells off to $83, so my losses are not as much. This trade has not been a winner, but I still have time left to hope this works out. On to the next trade
UPDATE 2.11.2012 This spread expired worth the maximum it could be worth, $5. I was stopped out at $5, I risked $3.50 to make $1.50 and I thought it was a great risk vs reward, so yes sometimes I do lose money so on to the next trade.