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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.

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.
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