Y Trade Journal

Market has a high expectation on earnings. Buy out of money puts. 

I reversed my thesis. It's looking good now. It seems as though shorts are exhausted shorting this thing. Cook said the magic words, "amazing products" coming out soon. Of course, customers will decide whether it's amazing or not. Nonetheless, the important thing is it looks like it is coming this time after a long wait. It'd better be good, otherwise it will be crushed. Meanwhile, I think I go along for a ride with Oct Calls 480.

Houston, we have a problem. That's how I feel about this stock. I don't know anyone who actually pays to see the reviews of whoever you are trying to see or hire for a project. It's the antithesis of service magic, or now known as home advisor. It's Zagat vs. Yelp. I don't buy the business model.

I see this happened to me many times. My options were in the money and then in the blink of an eye, I'm down 80%. Key is not to chase. Go opposite.