SNAP

Can't say that I am. Pretty normal earnings pattern.

Looks like it's headed to $21 resistance.

Edit: Also wish I'd had the balls (and cash) to pull the trigger on that one. Another opportunity lost to the wind...

 

The 5/19 $18 calls were $.35 a few days ago.
I gotta admit....I didn't see that one coming.

 

And just think, had you bought them, you'd be kicking yourself for not taking the $19 strike.

 

thanks bulls, i got short at 19.94 and 20.91, could you please buy more , i need to add another short at 22 before the big drop

 

Grabbed a few $20 calls for .58

 

Took .85.
No need to be greedy.

 

Damn...nice move. What was underlying when you picked this up?

 

It was moving up... just above 20.40 ... but the bid/ask (on the calls) was bouncing ... I used a market order right as it fell.

 

I think the 20.50 straddle (long) right now for .90 might be a good trade... but only for a few percent... catching a spike. Not seeing a directional trend yet either way, but the spring is coiling.

 

I'd be more inclined to take the short side of that...this will run out of steam at $21 support, 21.50 is fanciful, I think.