Option Millionaires

[madrose1]

Here's MA doing its pullback from $533 again...

When shorted it's gap last e/r in the premarket $533, peeps were amazed when it fell back a whopping $17 later in the morning . Why would the mighty Mastercard fall? Its the same reason so many gap fades this earnings season have been shorts like COST last week because they've already bid up in anticipation is the simple answer and fundies sell into strength at all time highs usually everytime.

So the same thing happening with PCLN happened here too, its a toppy market and if they beat earnings next time they would rather have sold the tops now then reposition in lower, thats how smart fund guys operate.

(over 80% of the ALT pops on earnings have been shorts this season even with the SPY popping, its one's like MW that are already beaten down that are doing the popping & rarer ones like CREE that are in secular gowth mode, that was so cool getting the fade on today!! hehe)

Easy money...