Hey /biz/, have some advice for you. Pay attention to when earnings report will happen! Heres my story
>be me, option seller
>last day for weekly
>does an Iron Condor on GOOG with 90% OTM prob
>basically 90% chance to rake in $1000
>google has earnings report after market closes
>ohfuck.png
>losses for condor is 1000$
>cant do correction cause end of day.
>mfw perfect trade with 90% success gets fucked by an earnings report
>literally at the mercy of the market now
Anyone got stories? Or just Options general. What types of trades do you commonly do?
>>1999823
This is dumb as hell. Of course you pay attention to an earnings report if you are day trading, it doesn't matter if it's options or stocks.
>>1999842
Kek yeah...forgot to check. Lesson learned tho
Options are awesome
>>1999823
ooh an options thread!
oh wait this guy is more retarded than the coin pumpers
every day biz gets a little worse