Man i was 'stuck' between deciding which strike to go with... the asks got a little out of hand...
I have no choice but wait for tomorrow if i even have a chance. I will use HOT earnings via MAR puts. My order just missed the bell today otherwise. BUT I REALLY REGRET NOT GETTING IN... its one of the few positions with low risk/high reward deals. The thing is i cant figure out for sure if they report before the open as it says on one site and another says 1030 am. Now i have to get up 3:15 am HST to find out
My AAPL put was one of the few times i was able to go against a spike rather than with it. And as much as i like Apple the company and their fundamentals, i couldnt ignore the stock action. This put is up 50% today as a result of the fade.
The overall market has spoken that no stock is immune to macro-eco momentum. A number of companies beat the street handily with good guidance only to have them ripped. The economy stinks and the earnings season is going just as most of us thought... in the red...
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