Bought some $21.5 weekly (next week) puts, because option balance point is below $21 for tomorrow
Comment:
I dunno what this crazy market is doing but I'm guessing retail doesn;t break out
Comment:
Also, old support is new resistance so it has a resistance here at $21.5
It will gap up if the market gaps up.
It will gap up if the market gaps up.
Comment:
Crap, I forgot today was NKE earnings. UAA always gaps in the same direction as NKE but usually drops after
Trade closed manually:
I told one of my followers yesterday when UAA goes up on NKE earnings, wait 15 minutes and buy puts. Anyways, I cut my losses in half and bailed.