hungry_hippo

LPSN Short

Short
hungry_hippo Mis à jour   
NASDAQ:LPSN   LivePerson, Inc.
Crap always tanks on earnings, every shareholder knows it by now, expecting this to double bottom BEFORE earnings. Couldn't hold the gain today (most small caps didn't), so I entered into April puts.

When in doubt, short garbage.
Commentaire:
Option premium now covered, anything below here is profit now.

Gotta be careful with these low float no option liquidity stocks, a lot of times you're be selling at no premium when you're in the money, so only trade low liquidity options when you're sure it'll get under your strike minus cost.
Commentaire:
*you'll
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