ParrotStock's avatar
$348.6m follower assets
This is purely a earnings (and risky) trade. Lot of selling on decent reports. $NET is very extended, if they don't have a huge beat, or lord forbid a miss, I'm betting on a big move down.

As hot as it's been, it's a risky bet. So trade cautiously.
Linked trades
BEARISH
01/21/22 Exp, Opening
ParrotStockNovember 43 Upvotes
Don Irwin's avatar
Long $NET since $70s holing, but I did take a similar short-term hedge for the reasons you mention.
ParrotStock's avatar
@parrotNovember 4
Author
My best wishes to all the longs... but I still hope for a short term 25% drop tomorrow 🤣🤣
Joey Hirendernath's avatar
Do you have a stop loss on this trade?
ParrotStock's avatar
@parrotNovember 4
Author
No. The move will be after hours, so a SL won't help me. Riding through earnings and will make decision based on price action at the open tomorrow.

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