Respect the conviction, but please dont confuse a thesis with a coin flip. If youre going to let it ride, at least decide your max loss and what would invalidate the trade before earnings hits.
Not marketing-related, but if you ever want a quick read on how hype cycles and narratives move markets, there are a couple good writeups here: https://blog.promarkia.com/
Holiday_Context5033 on
Your direction is right but there’s an Orange monkey blocking that path right now.
BullishDaily on
Get out now lol
Claybuch on
Why would you ever let anything ride after earnings?
By the rumor sell the news bro.
Honestly you could scalp thar profit you got right there and buy one next weak way cheaper if you were just gonna do an earnings play JS
deertracker2022 on
I appreciate your conviction. I’m really on the fence about holding through earnings, though. We’re on a dismal streak of post-earnings dumpfests no matter how great the beat and the guidance. Can MU climb that mountain? Maybe.
TheBooneyBunes on
The hell you mean ‘let it ride’ it’s a fucking weekly
NoviceAxeMan on
In comes IV crush and -75%. hope you get a monstrous move
deben360 on
Im taking the exact opposite position, best of luck!
SceneEast9477 on
I’m out
SceneEast9477 on
I’d rather do 0dte on spy
Certifieddddd on
Better off buying shares and securing $1,100 if you get a 10% pump instead of losing all your money on options if it rugs or only goes up 5%.
a7dfj8aerj on
I have done something like this last month on googl and amzn before earnings and lost it all
13 Comments
https://preview.redd.it/j2ygxgtw5uog1.jpeg?width=640&format=pjpg&auto=webp&s=630945988e87630fc51a9c9def481ea08cb2ade3
Respect the conviction, but please dont confuse a thesis with a coin flip. If youre going to let it ride, at least decide your max loss and what would invalidate the trade before earnings hits.
Not marketing-related, but if you ever want a quick read on how hype cycles and narratives move markets, there are a couple good writeups here: https://blog.promarkia.com/
Your direction is right but there’s an Orange monkey blocking that path right now.
Get out now lol
Why would you ever let anything ride after earnings?
By the rumor sell the news bro.
Honestly you could scalp thar profit you got right there and buy one next weak way cheaper if you were just gonna do an earnings play JS
I appreciate your conviction. I’m really on the fence about holding through earnings, though. We’re on a dismal streak of post-earnings dumpfests no matter how great the beat and the guidance. Can MU climb that mountain? Maybe.
The hell you mean ‘let it ride’ it’s a fucking weekly
In comes IV crush and -75%. hope you get a monstrous move
Im taking the exact opposite position, best of luck!
I’m out
I’d rather do 0dte on spy
Better off buying shares and securing $1,100 if you get a 10% pump instead of losing all your money on options if it rugs or only goes up 5%.
I have done something like this last month on googl and amzn before earnings and lost it all