Buy ADI 40 March PUT. Earning will come out today. I believe it will drop below 39. This is a wise low risk high return trading.
I hope you took the advice. It is working. Volatility will be down in options after the earnings but still buying PUT 39 will be profitable. DYODD.
Round numbers, ie 40, are potent Attached are weekly and monthly charts. Noise removed. IF there's a drop "below 39" it's to pick up inventory. Translation, better sell to close that put in "short order" at 39ish. The fascination with selling short (or leveraged derivitives with time decay) is itself, fascinatiing. EPS reports are to move paper. It's........eh................eh........advertising.