I keep getting questions on this PoS. Well folks, it's gonna move with the market. Doesn't matter if it's a garbage stock that missed on earnings and had poor guidance, obviously the market doesn't care about valuation. Guessing which way this goes is the same as guessing which way $NDX will go.
Buy Sept puts in Aug for earnings. That's all I can say. It may tank before that though because earnings in general will suck this quarter without stimulus money this time.
Buy Sept puts in Aug for earnings. That's all I can say. It may tank before that though because earnings in general will suck this quarter without stimulus money this time.
Comment:
3 - 4 years ago I would short GLT every earnings and make money. Same crap here, it'll go up with the market and drop on earnings every quarter. The market is stupid.
Trade active:
Bought a few $45 puts because I think teh market goes down tomorrow. I can only go red on Thursdays lol, and monthlys are a safer bet.
Trade closed manually:
Bailing. Market appears to be melting up, will look at it when daily indicators go overbought
Comment:
Good thing I decided to short a crap stock instead of an index, lost less than $100, I'm out. PD tends to fill gaps.
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LOL, maybe it is toast, ARKK is overbought now and PD can't gain traction.
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LOL, it's what you call good idea, poor execution. Should've held the PD puts instead of wussing out.
At least there's some semblance of sanity in the market, funds selling PD despite teh green day.
At least there's some semblance of sanity in the market, funds selling PD despite teh green day.