Preparing for March 11 earnings week (DKS) Short

Dick's Sporting Goods IncNYSE

Description

⋅ Mar 10, 2019 6:56 AM

- Earnings are before open Tuesday
- 2018: Resistance $40. Support $30
- Earnings calls tend to be followed by a steep pullback
- RSI suggests it is overbought
- My strategy would be to make a bear spread 2 months out for Apr 18, 2019

Trade active

⋅ Mar 15, 2019 3:24 AM

Huuuuuuge dip after earnings call.

Win on the analysis.