hungry_hippo

MS Earnings Gap Fil?

Short
NYSE:MS   Morgan Stanley
Earnings are always a crap shoot, but MS is like a little brother to GS. If GS missed, I expect MS to miss as well, and there's a gap underneath.

MS options premium is cheap, going all or nothing on April 18 puts. Safer play would be XLF puts.
Trade closed manually:
Lost money obviously, done with this POS though it looks like it's headed down tomorrow. Busy flipping MNK and EWZ puts.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.