We know they're going to make a profit, I don't think it's going to move much. Not worth playing....
In fact, I think a lot of people have stopped playing this stock.
All speculative stocks are tanking, and this one is the biggest one of all. Investors that like speculative stocks tend to invest in a bunch of them, and they;re gonna hit margin calls soon.
I still think it sells off tomorrow.
Big long arrows.. are you leaning one way or the other?
Or are you saying we should go for an inverse buffly and bet on big movements?
Also.. I love options income trading. Would you recommend credit spreads or iron condors at this point?