Earnings winner was up 80% on the day. I bought puts at the end of the day after a 15 minute red candle showed a move downward from the high. I should have sold for a quick win at 10-15% gain, but the stock turned against me the next morning. I'm actually happy with the trade, because I didn't hang when the trade went against me. I cut losses. The stock ended up turning green and moving up a couple points, so my losses could've been much worse.