Trade Plan: SELL(at market close)
Here is what happened:
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Commentary: Excellent outcome. They beat on EPS but miss on revenue and it all seemed weaker than the market was expecting per our data. We did not do a second trade even though we certainly could have and it would have done well. The reason for not going in deeper? they beat by .o6 cents. Our trajectory analysis tools can see through that and they did in this case and those in the trading room watched it all go down in a matter of a few minutes. We passed on buying PUTS as we thought they were too pricey – which we regret today (PUT was a 300% GAIN)
Jump Zone Profit: 16%