Strategy 2 - price moved against mixed earnings and expired worthless
Quick loss
Entry comments: Been following this one for a while and it sold off including a rapid 10% drop today. Grabbed call options looking for a bounce early next week.
Exit comments: Lesson learned. I got crushed on this one for not cutting losses quickly when the trade didn't do what I expected. I kept hanging on through red days. Earnings are next Wednesday, but I don't want to guess what is going to happen. I should have cut this one after 48 hours. UPDATE: The stock rebounded ahead of earnings and I would have trimmed my loss significantly if I had held on.
FORGOT WHY I BOUGHT JUST DIDN'T LIKE THE DROP BUT SHOULD HAVE BEEN PATIENT I THINK
Nothing
Market turned during the day so got back in smaller was a nice win sold into run up Monday morning
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