5,000 DOLLARS WORTH OF PUTS I BOUGHT ARE FUCKED. I bought puts for capital one...

With no knowledge of intels earnings I'm assuming it dropped because future earnings went down

That's right, they expect 20c less per share next quarter

> trading on fundamentals rather than sentiment during a global crisis

>Haha thanks for the drinks again, OP! Yeah... bye. Rest easy, *burp*-ffett!.
>*exit OP*
>...Can you believe that loser actually thinks he's going to make it?
>Yeah, tell me about it. Cocky fucker couldn't stop running his mouth.
>Don't worry 'bout it, dude's a *burp* dumbass... even bought the whole bar *burrrrp* drinks didn't he?
>Hey, let's keep him close guys. Maybe we can milk "Mr. Who Wants to Be a Millionaire" for what's he worth next time!
>Won't be much then *BURRRRPP*!
>*Bar laughs*

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this. if you thought fundamentals:value were wonky for crypto, the stock market is just as bad. play it like youd play a shitcoin you don’t get emotionally attached to and you’re ahead of 90% of the population

GO FUCK YOURSELF BITCH

It's called 'priced in', retards. Not the meme one. The one where pros actually look at the market and the company and estimate their loss/profit. They don't care if the company is going to lose, they care whether the company will lose MORE THAN PROJECTED or LESS THAN PROJECTED. Less is bullish as fuck, more is bearish. There is of course a region for each upside prediction. It's based on things like, "if they have -2 to -3.5 eps for the next 6 months then they'll be able to survive, they're the only company in that sector that has that prospect". So when they hit -3.9, they sell. But firm B, unlike firm A, had more liberal estimates. They think quarantine is over within 3 months, so if they're between -2 and -5 eps it's all good, so unlike A, they don't sell. Hell, maybe they even bought the dip thus reducing the red.
Fuck it's not rocket science.

yep, op got played like a fuckin fiddle.

youtube.com/watch?v=cYrh5h9acg8

PRICED IN

PRICED IN

PRICED IN

PRICED IN

PRICED IN

it's bullshit. more chips are needed in post virus world.

Am I supposed to believe that you bought $5000 of options around earnings without knowing what volatility crush is?

They were projected to earn 59 cents a share. They instead lost over 3 dollars a share. By your logic this should of sold

>they were projected
By some retard public service meme line, not actual investors, by fucking definition.

Dude. They missed estimates by a huge amount and said how they lost over a billion dollars!!!!

priced in

So investors dont care the company missed eps by over 3.60? These sound like foolish investors and their stupidity cost me money

NOTHING IS PRICED IN I HATE THIS MEME

Why the fuck would ANYONE care about estimates in the first place? The question is: are the earnings going to allow them to survive or even thrive, or will it be a death sentence? If your estimate is already saying they're clearly dead you obviously don't have the stock so you're not selling. Maybe you're downright shorting already, ahead of earnings report.
If your estimates are close to survival, maybe you're neutral.
If your estimates say it's going to be super cool and they'll make a bazillion in profit, you should already be loaded before earnings, when the price is discounted.
If you are neutral and estimates are less than your comfort zone, of course you're selling. That's your cue. I don't fucking understand why it's so hard to understand such simple concepts.

>buying an otm option with less than a week from expiry

Just stick to regular gambling, you'll probably get better results

s/estimates are less/reports are less/g

you got punished for the sin of undeserved pride. I hope you remember that lesson.

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