All the technical indicators remain positive for $OSTK.
The market hates $OSTK, they produce massive earnings and continue to get snubbed.
If you, like me, picked up the gamble in October, I hope that you, like me, gave yourself a lot of time to be wrong.
I am holding Jan 15 2021 expiration call options at $75 strike and stuck on the hope-train.
This is one of those lessons in making the right decision but the market still does not agree and this is why my option strategy, albeit more costly (longer time to expiry), continues to be the safety net necessary for me to keep growing my account.
I did end up revenge trading when the stock continued to plummet, this will offset my losses, if it turns out that I end up eating a big plate of "slap in the face".
The market hates $OSTK, they produce massive earnings and continue to get snubbed.
If you, like me, picked up the gamble in October, I hope that you, like me, gave yourself a lot of time to be wrong.
I am holding Jan 15 2021 expiration call options at $75 strike and stuck on the hope-train.
This is one of those lessons in making the right decision but the market still does not agree and this is why my option strategy, albeit more costly (longer time to expiry), continues to be the safety net necessary for me to keep growing my account.
I did end up revenge trading when the stock continued to plummet, this will offset my losses, if it turns out that I end up eating a big plate of "slap in the face".
better not bitter