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0.25%
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Post# of 363991
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mantis

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mantis

Re: None

Friday, 04/24/2020 4:59:59 PM

Friday, April 24, 2020 4:59:59 PM

Post# of 363991
got ZM 180 weekly calls this morning for 60c , stock started to move to 180 and I sold half of my calls for 1.50 around 2pm. Ten minutes later facebook comes out with a news of their own video conferencing software. ZM tanks 10$ in 2 minutes and 10$ more to close the session.
Good thing I sold half, but WTF !!! Could not freaking FB wait for the weekend ?
I don't believe that news like these come out at 2pm on Friday randomly. I am sure some people gave the timing a good thought and may be even place some cheap bets in advance.
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