Someone remind me to buy puts next week please...
Guidance always sucks, yet the stock melts up because investors have not grasped that it is no longer a growth company.
Guidance always sucks, yet the stock melts up because investors have not grasped that it is no longer a growth company.
Order cancelled
After looking at their financial numbers, having second thoughts about earnings puts. They beat last quarter, guidance was the issue. Guidance might have been a bit conservative, which would mean a huge beat.....Order cancelled
Decided not to play this, chart patter looks identical to last Aug when it gapped down big but price levels are the same as last Feb when it gapped up big. CSCO earnings might lend a clue, but not worth the risk, could go either way.... and big.Note
CSCO guidance sucked. Might buy one ITM put contract if I make enough money tomorrow to cover it with profits.Note
Down AH, but not enough to cover options premium.Note
Down $18 now, I guess I made a few hundred wih my one put option, lol.Note
I think I'm gonna do this every quarter just because it's funny.Trade closed manually
Made some beer money. I only did one conttract for kicks and giggles.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.