After yesterday’s close I slapped a post-it on my screen with the words “earnings” and a ghostbuster circle slash through it. This was my initial action after watching Deckers Outdoor (NASDAQ:DECK) soar 20% following a better than expected earnings report. Yesterday before the report I established an at-the-money $58.50/$52.50 bearish put spread for a $2.55 net debit in weekly options for the OptionsAlert portfolio. This resulted in a 100% loss in a single day. I can accept that. Many options positions expire worthless. But there were several things I did that were less than acceptable. Let’s see if I can ...![]()
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