Posted great earnings, any other week, it's probably go for the gap fill but 50 pt gap down tomorrow...
50 pts is usually worth $1 or 2 for this stock so maybe it has a chance of getting to $50 -52 range? I dunno, feels like I got screwed already, but we'll see what happens tomorrow.
Maybe I'll get lucky and tomorrow will be one of those messed up days where the market gaps down big and goes up all day.... We're due for that.
50 pts is usually worth $1 or 2 for this stock so maybe it has a chance of getting to $50 -52 range? I dunno, feels like I got screwed already, but we'll see what happens tomorrow.
Maybe I'll get lucky and tomorrow will be one of those messed up days where the market gaps down big and goes up all day.... We're due for that.
Comment:
Futures showing a little life left, only a 45 point gaps as of right now, I guess I can use a little less lube.
Trade closed manually:
Yup, got f'ed for $1k loss because no earnings pop, but at least the stock didn't tank, so I only lost the $2 earnings premium on $40 calls. this should have easily been a $6 pop dor $4 per share profit.
Comment:
went red, was right to bail