Wasn't a knock by any means. It was (and still is) pretty interesting to watch. I see they rolled out a whole bunch of new option strikes right during the middle of the day. It's also interesting to watch the IV play out. I'm guessing the last huge spike was the rollout times of the new option strikes?
I hope nobody entered this short straddle trade to loose 3k by now. If only there was a way to see who was buying those calls before the announcement.
Yeah exactly, I don't know why people think it's a good idea to suggest writing a call the day after awesome news lol which is why I was OK with writing a put in theory but not a call.
Van handed this one to us on a plate and the reason why, he told me to buy HOLX at $50s which I blundered not listening. His FA are second to known!
i don't trade options. the right questions will get you where you want to be. what if 'I' wanted to put this trade on... What would be the first step. What would be the second step. and so on in this fashion. finding someone who will put up with that line of questioning might be found in a class, lol. Get Dest's home phone number, i bet he likes calls like that along about 3:42AM. He'll be glad to help. Sooner or later you will be makin 'that' trade or better. Rock that sh*t brother.
I'll correct that for ya JJ.... there's fundy's.... they belong in the 401k....and then there's the way the market works near term. Kodak was the latter. I'm gonna do the @murray t turtle here %%%%% Someone is going to jail on this one. "Not a prediction". You guys need to look at things before the "news". The volumes. (hint) If the SEC has a pulse.... someone is going to jail. Whatever. Who cares. ___________________________ EDIT:.... maga
Not my term...I may have actually misquoted, but I think it still applies. In the Atticus chapter in "Traders of the new era", he said: "I buy a lot of garbage puts". And someone on ET (KevinS, maybe) said something like "always buy your wings" or "never forget your wings".