FB...gap up after earning

Imagine you bought FB at 375 a few months ago.

Now it is at 174 ie a massive 60% drop in price!!!

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And Don't I know it. I pulled the trigger on the first NetFlix crash and had the 330 strike pegged as a fire-sale bargain for shorting PUTs. Dohhhhh!

On second thought, maybe I'll just roll it to Oct or Dec and re-evaluate. Will probably have to eat-up wash-sales, so maybe I'll leave a 30-day gap in January so I can realize losses this year.
 
Down. Bears are in control, because the Fed has flipped the bird to the markets. Earnings cannot outweigh the interest-rate hammer. Wed Mar 4th is the reckoning, and there will be no Trump or PPT to save the market.

my guts feeling is telling me that since msft and fb gap up after earning…so should amzn and aapl…but based on my trading journal from my past bets…I have to agreed with you on this one. High probability that amzn and aapl will gap down after earning. This is my contrarian strategy.
 
Imagine you bought FB at 375 a few months ago.

Now it is at 174 ie a massive 60% drop in price!!!

And you continue to buy more (averaging down)
thinking it is sooo dirt cheap.




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It’s all relative. what if you just bought fb today at 173 for going long and hold it overnight for earning play? U just made 15% in one day. Not bad.
 
FB nice gap; not a recommendation, but i'd look to go long over 208 or short under 197

fb28apr.jpg
 
Be prepared for all kinds of fake earnings beats. When a govt is fighting a problematic market...earnings can be gamed to the fullest extent. When the Fed is now buying stocks...earnings MUST be gamed.

News is pretty much controlled at all points and levels regardless.
Your Puts will crumble into the manipulation.

I will stay bullish right up until they kill the US dollar. Let the massive printing keep coming.
 
ok fellas...today 4/28/22 is a new day....place your bets for amzn and aapl here. gap up or gap down after earning for them today? i said both gap down.
 
ok fellas...today 4/28/22 is a new day....place your bets for amzn and aapl here. gap up or gap down after earning for them today? i said both gap down.
You making any bets or are you just making conversation?
 
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