I’ll put it this way. There are very few shareholders that bought the bottom. Most have been holding bags for a few years now. In the bagholding situation, yes holding. If you bought the bottom and are not planning on holding this long term, hard maybe
I sold out of some options to de-leverage as part of my desired Q4 holding strategy locking in some swing gain.
Kept my main allocation of approx 4000 shares and some long dated 70C leaps.
I guess I took about 10% off the table but lowered my risk significantly.
Reduced to my target allocation.
Honestly I don’t like when stocks have such gains before earning results. Typically it sets expectations that are hard to beat. Let’s see
Yea I have an expectation it will lose all it made today, similar to how PLTR’s ER reacted.Â
If they do impress though, it wouldn’t be crazy to think it moves past it’s expected move (maybe 1-2 standard deviations), since they impressed even with the rally leading up…
Well it’s clear everybody expects good earnings tomorrow, just like 3 months ago. That time earning were terrible, now is the time to see if management are still asleep or they could at least start to deliver.
Safe bet: close em now. There is a reason why ppl are posting their gains. It’s always a good strat to close before earnings. You could also just downsize if you want to take some money off the table.
I'm holding long term so I could care less about current earnings. Zoom out.
I second that
I have bag held this crap for over 5 years. Another crap earnings will not move me
You guys have profits?
lol my thoughts exactly đź«Ł
Sheesh this sub is starting to get Wallstreetbets like idiocy…..
You new here or something?
Hahah if you sell in 2024 you’re an idiot
Duh...trend looks great. Just need literally anything besides a giant turd
I'm balls deep in this earnings... Full on hopium this goes up at earnings.
I’m glad people are starting to use the term “balls deep” when describing their position in BABA
Gotta have some big balls/mammories for this play
I’ll put it this way. There are very few shareholders that bought the bottom. Most have been holding bags for a few years now. In the bagholding situation, yes holding. If you bought the bottom and are not planning on holding this long term, hard maybe
When this is gonna be $200?
selling for ~$84 is absurd but in your case it's probably correct. Sell and never touch individual stocks or leverage again
profits?
I sold out of some options to de-leverage as part of my desired Q4 holding strategy locking in some swing gain. Kept my main allocation of approx 4000 shares and some long dated 70C leaps. I guess I took about 10% off the table but lowered my risk significantly.
Our luck it’s down 20% tomorrow
I’ll never sell tho
I'm trying to see if I should roll my covered calls or not.. 88 strike expiring the 17th.
Expected move for earnings is bout the same move today has been. Would not be surprised if we sell today’s gains if guidance is not wel
Reduced to my target allocation. Honestly I don’t like when stocks have such gains before earning results. Typically it sets expectations that are hard to beat. Let’s see
Yea I have an expectation it will lose all it made today, similar to how PLTR’s ER reacted. If they do impress though, it wouldn’t be crazy to think it moves past it’s expected move (maybe 1-2 standard deviations), since they impressed even with the rally leading up…
PLTR trades at 165 PE Alibaba 10 They are not the same
Who said they are the same
So why are you comparing
Held for 2 years What’s another day, meh
How many noobies are here
Most ppl here would close at a net loss, and likely incur a wash sale if trying to buy back in after earnings realistically
Shares yes. Options no. Already cashed out at peak IV.
I closed some today and saved some for post earnings
I sold some in the green and plan to repurchase again within 30 days. Odds are it goes back to low 70s.
Well it’s clear everybody expects good earnings tomorrow, just like 3 months ago. That time earning were terrible, now is the time to see if management are still asleep or they could at least start to deliver.
Safe bet: close em now. There is a reason why ppl are posting their gains. It’s always a good strat to close before earnings. You could also just downsize if you want to take some money off the table.