I got torched by the Retailers Today, except WMT eeked out profit there. Couldnt find any news on em. I also got a rare fill on WAG which proceeded to take me to school! Any thoughts on tomorrow? Options Expiration day, friday.. Opinions, good day or bad day?
FYI CVS reported earnings today, so WAG, a competitor, was obviously going to be affected by that. Kind of pairs trading. A good idea is to look for general news, not only your stocks and see if any news could affect your babies. (maybe this is what you meant by getting back to school).
1 fill, 1 long "winner", +0.01 average. Pumped the size and did not have enough margin so some orders did not get through. No short available at IB (we are working on a resolution, thanks). Cancelled 1/3. Deception.
what's the risk:reward on opening orders? (i.e. Is one loss often equivalent to about 5 wins?) thanks, Walt