xflat is right (as usual), imho... I look at my delta and my strike risk. I don't care if I own puts or calls; all I care about is how many contracts I am long or short for every strike. Caveat: this isn't in the world of equities, but I don't think that should matter.
Look at ADI chart and what happened to it After upgrade yesterday. It went to 30.40. You can buy March 30 call for 10 cents. You can easily get 200% profit in less than a week. Now the bid and ask are 5 cents and 15 cents.