INSP another big IV calendar skew

not just you...they have been going down...

 

INSP missed, down 5 afterhours. Tomorrow should be interesting. I'm short the 40 straddle.

Riskarb, are you going to adjust now or ride it out?

 

Big bounce in after hours...

 

yeah, it was down 5 and change and now has come back to even. Unreal. You have to adjust this by the minute.

 

HAHAHA! Vindication!

(Thank you, Dark Lord)

 

Funny thing... I totally flaked and forgot they reported a/h today. I don't hedge 10 lots or less, but it's moot as the sucker was a gift when it went + a/h. I normally wouldn't hedge this, but I just sold 200@$41.

 

You're thanking yourself? That's weird.

 

I would've been long OSIP if I were... Instead I am long GNTA.

Dark Lord, Jr.

 

Some crazy action in INSP today. It got killed last night, magically recovered, then gapped down this morning, sold off, rallied strongly, then sold off again. Can't you guys adjust your hedges and let this poor thing sit at 40 until expiration?