Options Wonderland

[samaelrocks]

Who cares about financials? I'm being sour grapes because IPI dropped today after they kicked serious a$$. AND, it had nothing to do with premiums on the contracts! Glad I reduced my risk on Friday on the move up, however, there was no reason for today's drop. Almost hit $50 premarket by a penny and by the open, was down .50 or so for a nice $1.00 drop into the close. Took the loss because tomorrow will be red as well, IMO... errr, then again, since I sold, it will move over $50.

But the real reason for this post is, what are the indicators a stock needs to move the contracts up after earnings? The only stock that moved up after earnings was GOOG (without watching all stocks, of course). I know GOOG's financials was HUGE but made a 20+% gain and it held. I guess the market doesn't trust IPO's yet unless they start and end with a V.