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Held META puts through ER on a coin flip. Should I double down on AAPL puts when I cash out?
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Theyll pump the market tomorrow so that when it misses ER its not that bad
I’m selling meta puts at open. My guess is it’s gonna pump pre market, unfortunately.
AAPL had the best earnings and will continue to carry big tech. Double down on Google poots. MSFT has major cloud services. Google relies on ads.. Doo yur DD ape! F u and congrats. Take your profits!!!
I don’t think meta pumps before market opens. I think it goes lower into 90s.
cash out while you can
Meta was a more sure shot to short this ER imo.
Do it, I hit Microsoft and almost doubled down on META but pussied out. Would have been up 40k on the week. I’m buying 10 atm weekly appl puts at close tomorrow.
Yup!!
Edit, smart play take the profits add another 25% on Apple puts as market ralies for no reason.
I wouldn’t gamble on Apple, the new iPhone has only been out for a month, the economic crisis hasn’t caught up with their sales yet.
Next quarter is going to be brutal though.
Positions: none, gambled it all
I’m all in on COIN puts for earnings. Will open position on Monday with my META put profits.
How do you check what the put is worth during close of market?
sure
AAPL has too much positive to bet on a bad quarter. Pick a dog. They are anything but a dog.
You should probably get out of Apple or just hold some that you are ok with if it’s a loss.
Update: In 30 contracts @ 6.15 , sold @ 22.27! $48,800 gain!
Incredible how that put is up only 20%, less than what underlying is down. Guess IV must have been massive.