bought 1 put $140 strike for insurance, investing 202
100 shares purchased today $151 purchase price.
Reason: current market environment lets me know bearish stocks become bullish. Bad news was already priced in. Now a company like ORCL will display on-paper cash earnings and markets will reward.
Expect $165-$170 post earnings.
https://i.redd.it/t2e9vev9u9og1.jpeg
Posted by Far-Development9385
15 Comments
Who wants to tell
him?
Tracking
wow someone who actually hedges their bet
I took some 145 puts as a lotto.
up to 160 after hours… lol
Thanks G
already halfway there
I sold my hedge before market close. Kept only shares. Bullish
Bankruptcy gonna be so hard we all will have poor credit scores for life
Gratz and f you
Better sell fast lol
[deleted]
The Oracle of ~~Omaha~~ WSB
Guess we’ll see how it holds up after tomorrow’s inflation report, but I bought calls before close and don’t have AH trading enabled. Yeesh, hopefully I don’t get wiped tomorrow morning.
Went with Calls because triangle consolidation targets were 111 and 191. Stock’s already beaten down, and 111 would have broken the chart’s bottom support line going back to 2022, and the April 2025 low. Would that make any sense? Not really; not unless the earnings were really terrible.
Eventually that bottom trend line will likely break, but it just didn’t seem to make much sense that it would break in AH today. I imagine it breaks when the entire market goes into a more substantial correction. I’m looking for a potential rally through mid to late April before it starts to roll over and collapses through August; maybe longer if we head into a major economic decline.
Its mooning lol