OXM overbought heading into earnings
All the sudden the market is pumping the crap out of retail as if China trade deal is a done deal.
OXM earnings after market close, bought a couple $85 puts here above $80. Earnings are always a crap shoot, there's definitely a chance that a short squeeze could push this over $85
OXM earnings after market close, bought a couple $85 puts here above $80. Earnings are always a crap shoot, there's definitely a chance that a short squeeze could push this over $85
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AH prices are about where I put the end of my arrow...
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Guidance sucked. Could see this hit bottom again....
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Decided to flip the $85 puts and bought some $70 puts to lock in profits. There's a chance it could do a two step drop, just didn't want to sit around and watch I all day. Now that profits are locked in, just gonna let it ride.
Really should have doubled up on that gap fill attempt. Low float stocks move so slow, I really couldn't tell what it was trying to do. Figures it would hit the AH price though which was $72, so here we are....
Really should have doubled up on that gap fill attempt. Low float stocks move so slow, I really couldn't tell what it was trying to do. Figures it would hit the AH price though which was $72, so here we are....
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Looks to me like it's going to double bottom. but I'm done playing with this because there's no weekly options.
Will probably flip the puts tomorrow morning regardless.