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10nisman

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10nisman

Re: dexprs post# 106929

Thursday, 08/03/2023 12:06:12 PM

Thursday, August 03, 2023 12:06:12 PM

Post# of 110171

Not to be gloating, but I am glad I chose not to sell any Puts yesterday, after buying them back at a gain, in EXPE, today it dropped 16%.

Nothing like gloating about missing something you didn't realize. If you were short EXPE, you would have every right to gloat.

Anyone can say, look I didn't buy EXPE before earnings and it declined 15+%, I'm a genius. You got lucky you bought back your puts yesterday --- EXPE could have easily pre-announced and you would be holding the bag.

There is nothing "Safe" about gambling options with no actual knowledge of the underlying business you're "playing". You should be in Treasuries.
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