What do you think? After that nightmare from $24 down to $15, I'm wondering how much of that has been priced into the options now. stock's down roughly 38% since 9/30/13. I'm thinking about picking up some $10 Puts for about $0.15
It's very high risk/reward (I assume you're looking at Nov. puts). Also, if you're looking to get in before earnings come out, you've got less than an hour to get your order in and you might have to settle for $0.20's. But if ANGI tanks like it could, $0.20's would be just fine.
just picked some up for $0.19 . I also bought some $20 calls @ $0.50 to make this a strangle. Who the hell knows, with 42% short interest, this can fl because of some stupid reason no one really knows about, but the sentiment has been negative so far so that $.20 put can go big too. I didn't buy too much for this trade so if anything I'll cut my losses at open. GLTA!