New Positions:

CRS-We are shorting shares of CRS right here at $21.25 ahead of the companies earnings release tomorrow morning.  Since this is an event trade, we are currently not using a stop. 

TTWO-We are buying shares of TTWO right here at $11.90, and using a watch stop of $11.25.  A watch stop means we will revisit the position if it trades down to $11.25, versus automatically stopping out at $11.25.