Are why I never hold options overnight.
"Our earnings will suck. Let's short the market before we report."
Now THIS is what I call a reversal.
"We're in rally mode"
Nostradamus, re market.
They were up, premarket was up. They slid with US open too. After they close, we resume slide?
Sold the calls from by Wednesday strangle for a 50% gain right at market open. Holding the puts.