sir, I just trade risk. I've made that quite clear. Risk on these is high now. People may "buy the rumor, sell the news". I bought these last week on a dip suspecting this exact thing would occur (run up to the news).
The risk I see is "sell the news". So, I sold before the news. I don't understand this company well. I still haven't been able to figure out if it's a P&D or legitimate - which is another risk in itself to me. Options trading is hard - basically identify all the risks you possibly can and mitigate them.
Imagine being a US tourist in the EU right now and every day dinner costs a few percent more than the previous day.
I am gonna be a dollar millionaire soon at that rate :D
Hey regards, just remember with P&D scams like LDI, the cretins frantically posting “DON’T SELL,” “HODL” or “I’M DOUBLING DOWN” are also the same ones who will sell the second they can breakeven again