All the big players have analysts with access to information unavailable to retail. They have access to board members (some big players have seats on the board). And they have access to the C-suite members. They pretty much know what earnings are going to be before the call.
🤷‍♂️ I exited ACHR in August, after 8 months, at a 35% profit. (I only had 200 shares and a pair of short calls, though)
* Dec: Bought 2x covered stock (240417C11) @ $7 ea (-$1400)
* Mar: Rolled to 240718C10 for $0.66 return per unit (+$132)
* Jul 2: Rolled to 240815C12 at a cost of $0.03 per unit ( -$6)
* Jul 18: Vertical spread from c$12 to c$15 at a cost of $1.15 per unit (-$230)
* Jul 22: Sold half for $11 (+$1100)
* Jul 29: Bought back the remaining c$15 for $0.16 (-$16)
* Jul 30: Sold 250919C13 for $0.55 (+$55)
* Aug: Exited for $9.40 (+$940)
Total cost: $1652
Total return: $2227
Profit: $575
If I had balls I'd make each position 10x larger, but I'm a WSB user so my wife's boyfriend won't let me.
Screw it , Bynd to the moon 🚀🚀🚀if Cramer is bashing it, come on guys that is enough for me I’m in , bought the 5 dollar strike Feb 2026 , 4 contracts at 3.50 LFG!!! C