Trade Plan: SELL (before market close)
Here is what happened:
(click to expand)
Commentary: Great jump!. Everyone in the trade room watched it unfold in a matter of second drop about 14%. We enter a 2nd trade to catch the coins falling. What’s interested is they beat the numbers in a big way… but the forward guidance was weaker than the market was looking for, Read the jump report – its all about expectations – as we forecast and we called this one perfectly. The majority of Analysts had it going up. We didn’t. Stockjumpers win. Analysts lose.
Jump Zone Profit: 16%
(huge win on the Options Trade – <100> May 16 PUT
Jump Zone Profit: 120%