Crap always tanks on earnings, every shareholder knows it by now, expecting this to double bottom BEFORE earnings. Couldn't hold the gain today (most small caps didn't), so I entered into April puts.
When in doubt, short garbage.
When in doubt, short garbage.
Comment:
*you'll
Gotta be careful with these low float no option liquidity stocks, a lot of times you're be selling at no premium when you're in the money, so only trade low liquidity options when you're sure it'll get under your strike minus cost.