WING released earnings before the market open, beating on the top line, bottom line, and crushing same-store sales (up >20%): https://archive.is/CmokZ The stock closed up 9.35% today, pushing our spread in-the-money. For some reason, I thought they were releasing earnings tomorrow, so I didn't try exiting the trade today. I have a limit order in to do so tomorrow.
Out of my COIN put at $7 today for a ~7% gain. If I knew COIN was going to tank today, I would have set a higher price on my limit order last night. Oh well.
Can you help me understand why the $36 went down. Do I need to do anything? As I am getting more experienced it is good when you let us know when you exit your trades.
My WING $210 buy is down -13.91% & -93.68
My WING $220 sell is down 0.75% & -$2.69. Do I need to do anything?
My COIN $40 put is up 5.84% & $38.32. Hoping I squeeze more out of it, what do you think?
SFM: you wrote buying 36 and selling 35 calls but it's reversed, right?
Out of the SFM spread today at $0.75, for a gain of 67%.
Coinbase is up ~9% after hours after beating on top and bottom lines. Social data was correct again.
Out of the WING call spread today at $6.12, for a profit of ~100% on the trade.
WING released earnings before the market open, beating on the top line, bottom line, and crushing same-store sales (up >20%): https://archive.is/CmokZ The stock closed up 9.35% today, pushing our spread in-the-money. For some reason, I thought they were releasing earnings tomorrow, so I didn't try exiting the trade today. I have a limit order in to do so tomorrow.
Out of my COIN put at $7 today for a ~7% gain. If I knew COIN was going to tank today, I would have set a higher price on my limit order last night. Oh well.
Feedback on these:
My SFM $35 buy is up 8.63% & $98.57
My SFM $36 Sell is down -24.59% & -$189.44
Can you help me understand why the $36 went down. Do I need to do anything? As I am getting more experienced it is good when you let us know when you exit your trades.
My WING $210 buy is down -13.91% & -93.68
My WING $220 sell is down 0.75% & -$2.69. Do I need to do anything?
My COIN $40 put is up 5.84% & $38.32. Hoping I squeeze more out of it, what do you think?
When I do the SFM my gains is $0 & my max loss is $1,450. If it's what you suggest, what might I be doing wrong?
I placed the WING trade successfully, and my COIN is up almost 10% today, so glad I held on to it!