LK

[Arnie]

Nasdaq to suspend trading of Luckin Coffee shares from Monday

 

[KCalhoun]

Nasdaq to suspend trading of Luckin Coffee shares from Monday

Hey it got decaffeinated lol

 

[optaiwan]

it was a nightmare, as i sold 15 lots of 25 puts before April 2, when LK admitted it cooked the sales. I lost quite a lot. I am from Taiwan and blindly trusted this company's model and even visited China to see its stores' operations.

In hindsight, I should have bet all my wagers on PDD instead, which i noticed when its stock price was below 30.

 

[maxinger]

it was a nightmare, as i sold 15 lots of 25 puts before April 2, when LK admitted it cooked the sales. I lost quite a lot. I am from Taiwan and blindly trusted this company's model and even visited China to see its stores' operations.

In hindsight, I should have bet all my wagers on PDD instead, which i noticed when its stock price was below 30.

I guess you sold put before the price gaped down.
It must be very painful.


that's why I migrated from swing trading to day trading.
And I stopped reading those company reports and stopped listening to CEO speeches.
just focus on chart and that's good enough.

 

[Turveyd]

I guess you sold put before the price gaped down.
It must be very painful.


that's why I migrated from swing trading to day trading.
And I stopped reading those company reports and stopped listening to CEO speeches.
just focus on chart and that's good enough.

Why I won't go back to Swing Trading, just too much work and Bullshit!!

 

[KCalhoun]

I guess you sold put before the price gaped down.
It must be very painful.


that's why I migrated from swing trading to day trading.
And I stopped reading those company reports and stopped listening to CEO speeches.
just focus on chart and that's good enough.

Me too, doing much less swing trading and more daytrading since headlines can cause adverse gaps

 

[ironchef]

it was a nightmare, as i sold 15 lots of 25 puts before April 2, when LK admitted it cooked the sales. I lost quite a lot. I am from Taiwan and blindly trusted this company's model and even visited China to see its stores' operations.

In hindsight, I should have bet all my wagers on PDD instead, which i noticed when its stock price was below 30.

Sorry to hear that.

Because of tail risks, with those volatile Chinese stocks and opaque financials, I would go long options on them to limit downside risks.

 

[stockymuller]

Lovely puts I got at 1 strike buyed last month

 

[BAT31]

Call me crazy. But last Friday before the bell, I got in (equity, not options) @1.42.