Why would you close those on an intraday chart like that?! You had the nerve to buy them, ya gotta have the nerve to stick with them. That thing is dropping like a rock. It was a great call, it looks like you've already left $2000 on the table. That thing is heading for its 200 day which is $283. It may not make it, but it'll try.
i know, i know. i chickened out. you have to consider i watched the pre-market action and saw it jump to $360+ making my puts worthless. and then it just started dropping- and i suppose you're right. maybe it's an attractive short here, but not with my Nov 19 350's.
Oh I just saw your edit. Yeah that'll spook ya, but did you look at the volume that took it up to $360 initially? What like 1000 shares. Man they play games like that for that very reason. The entire premarket volume was under 200K shares. This thing trades over 4M shares on a slow day. It was a great trade, but man ya gotta analyze what's real and what's bs outside of the regular trading hours, especially on earnings day. Oh well, live and learn. Good job.
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