So I just have to share this, and know most of you are going to say this more wallstreetbets, but anyways...
Last week I bought 200 shares of HOFT because of the strong quarter they were predicting and earnings coming out today. I couldn't make sense why the stock had retreated from ~39 a share to $31 a share. So yesterday at 3:30, after trying to get a lower price all week, I bought 20 options contracts expiring 4/21/2017 for $.4 a share. Right now they are trading $3.00 per share. I will probably never make a bet like this again, but damn it feels good to be a gangster.
Submitted April 06, 2017 at 10:25AM by edgestander http://ift.tt/2o1n6I1
