For everyone I do not care about. On my long position I did what I said I was going to do, I sold my contracts at around 86.20 when DFS saw a surge in volume due to impending earnings. I made around 39% profit off this trade. So I am not feeling too bad. But hey, Ill probably die on my next trade.
DFS is trading at 77 dollars at the time of this post and it beat...
This is for me and I do not care what you think.
The last 3 out of four earnings report have all beaten expectations. But shortly after each of these calls saw a growth in price. Almost every day before the call there is a surge in volume in price. I am going to go long for DFS maybe buying a 87, or an 88 dollar call. I may sell day before the call to capitalize...
Update for everyone I don't care about. I got fucked on my long position, because 7 billion dollars in profit and beating expectations is a no go for investors. I am still holding my call because it expires in April and I do believe it will go up and Ill be able to make back my loss. Also trust this chart it is 100% real.
This is for me, I really don't care what you think about this.
Personally I am going long, and expecting a positive earning report and then a 2.5% gain within 15 days.
