VMW Earnings

DLTR was a wash for me, so you know I gotta give it another go. I guess I never learn my lesson.

Couple of VMW calls for earnings, because I don't feel like chasing pumptarded stocks while the market is overbought.

10% of float shorted, at least there might be a squeeze on this one unlike DLTR which has a very low short interest. Plus tomorrow is Ponzi payday 401k Friday.

Comment:

Looks weak, but sticking with the calls

Comment:

They beat, but no pump or dump AH. Just holding. Would have figured at least a little short squeeze, but that ain; happening.

Picked the wrong stock again, ULTA and WDAY up bigly.

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Apparently you have to bet on stocks that are at ATH in order to make any money on earnings. The exact opposite of normal trading...

I think traders are dumping normal stocks and rotating into pumptarded ones. Maybe I'll just dump all of my money in TSLA and call it good, lol.

Comment:

$6.62 EPS puts their forward P/E at 22.

Amazing. The market does not care about valuation, it's all about chasing parabolic stocks. You'd think the funds would be buying on long term outlook.

Whatever. Next time i'm picking a pumptarded stock.

Comment:

Talk about a whole lot of nothing pre-market. Actually hasn't moved, trading at yesterday's close.

Gonna ride the calls out and see if I can recoup some of the premium.

Trade closed manually:

Closed it out at the $3 mark, lost some beer money, but I'll live