MINYANVILLE ORIGINAL The wave of quarterly earnings reports is beginning to wash across traders' screens and it won’t crest for another week.  For some active traders these jolts of information and the accompanying stock price movement represent terrific short-term money-making opportunities.  And many will try to juice the returns by using options.  Before getting to some of the concepts and strategies that can be employed in playing earnings reports let me provide the caveat: All earnings plays are extremely speculative and should only involve a minimal allocation of risk capital.  The challenge in trading earnings is that there are ...