Post by
Gabriel on Mar 01, 2021 9:03am
My humble opinion FWIW
It is impossible to outguess the price of a stock post-earnings but you can optimize the unknown by :
1. Buying, whether you are paying 50 or 52 or 54 cents on the dollar. You are not optimizing if you are not buying; At least go half half and add if it weakens.
2. Using options.
Comment by
iknownothingalot on Mar 01, 2021 12:42pm
What would be your option strategy going into earnings.
Comment by
Gabriel on Mar 02, 2021 7:16pm
Lots of volatility means higher option premiums. If you think the stock will tank on Tuesday, buy the 25$ put options expiring March 19 for 0.45$. It gives you the right to sell at 25$ until March 19. I am a long term investor so I sell them and these premiums have reduced my cost price substantially.
Comment by
Megasupreme on Mar 01, 2021 12:44pm
I'm holding my core positions and ready to buy if the share price retreats after the earning results.