Bought a few $7 calls for earnings, upside is greater than downside risk. Options are actually pretty cheap, you could potentially to a $7.5 straddle and make money, because I think it's either gonna head to resistance (up) or support (down) by the end of the week.
I'm going long. I think it got over punished last earnings.
I'm going long. I think it got over punished last earnings.
Trade closed manually:
Well there's the dollar gap, should have gone with the straddle, oh well.
Comment:
Well, at least I made my money back by flipping TSLA puts, lol. Should have just gone for the easy trades, earnings are always a crap shoot.