BSC had an earnings results today before market open. The results was bad and yet the stock gapped up. I expected the stock to drop. Bought Dec 90 Put for $0.85. The stock did dropped. As at 1:00am EST, the options appreciated up to $2.70. Could easily get $2.00. But my greed sets in. Didn't think that it is enough. The stock had a short rally thereafter. Luckily, the stock did managed to drop again and I managed to close at $1.55 or a 82.4% profit (over 2 hrs ++).I still need to do some rewiring of my mental state.
- PersianCat04 (Millionaire-in-progress)
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