It is, isn't it? Not all of us have a 100% win rate. I am devastated I tell ya! I just lost .053% of my account! Perhaps I was wrong in my response to this thread. https://www.elitetrader.com/et/threads/trading-breeds-assholes.379334/page-3#post-5960307
The trade made no sense. Strangling calendars to earn on the term structure edge (into earnings) is suicide. Bad enough to choose one strike, but two?!
Apples earnings were nothing spectacular to move the stock up above 5% phone sales were down and services number which is looked at more closelythan any other number barely beat estimates....everything was sort of in line, but the only only only onlyyyy reason the stock popped after hours was on the $110 billion dollar stock buyback, now once again it's been one the ways many companies over the last 40 yrs have been able to prop up their stocks.... once illegal to do, it is now done by companies to ARTIFICIALLY INFLATE A STOCK PRICES EARNINGS AND STOCK!