Because wall street is a bunch of crooked SOB'S, nat gas has skyrocketed over the last 2 weeks, it is coming a major winter storm, it is forecast to be the coldest temps next week in several years for much of the Midwest and south, with the market going up this stock should have been upgraded and up over 10% today alone, I would like to go Alcapone on somebody, so #$%$ k everyone that has a smart #$%$ remark!!!
I like the stock, I like the industry, I bought puts when it was 58 a share, I want a strong pull back then get long. I have a friend who works for a large off wall street investment firm, he told me about this stock the day it had it's IPO. He said he thought it would level out around 45-50 a share.
Louisianastock, I have learned, through losing money, those options that expire a few days after earnings usually go to intrinsic value, the implied volatility eats up all premium. I have some December calls, their implied volatility closed at 29.7, vega .038
With the beat on earnings and the beat on revenue and guidance higher, with an upgrade from stiefel this should have been up 8%. If we had missed earnings and missed revenue and guided lower and got downgraded we would have been down 15%, we were up 2.63%. BS!