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EMC Corporation Message Board

  • flyingtigers1940 flyingtigers1940 Apr 19, 2012 9:04 AM Flag

    sold calls

    Just curious as I sold alot of 29 calls that were in the money for the last 5 weeks until today, expires tommorow- Why 1) The call buyer didnt exercise his/her shares before today especially at 30 4 weeks ago. 2) Why is company reporting earnings 1 day before option exp. anyway? Im a LongTerm holder so anyone that can answer especially question 1 please let me know.
    Also from my experience stocks normally sink on earnings day unless they smash earnings even if they beat. Doesnt matter, earnings day is statistically the worst day to hold a stock.


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