Stock gaps down as soon as they announce the earnings date, lol.
Bought put contracts yesterday when I bought NKE puts, dumped both and re-entered at a lower strike with the profits.
Next weeks puts. I think this to continue dropping next week.
Bought put contracts yesterday when I bought NKE puts, dumped both and re-entered at a lower strike with the profits.
Next weeks puts. I think this to continue dropping next week.
Trade closed manually:
UAA rarely goes down more than a buck in a day. Closed it out, and will look at it next week. Nice profit though.
Comment:
No idea what this PoS is doing (short squeeze?), but Imma gonna wait until tomorrow to see what it does. Looks like another short opportunity coming.