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SVTPerformance's Chain of Restaurants
Road Side Pub
SVTP stock pick thread.
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<blockquote data-quote="D1984" data-source="post: 16385344" data-attributes="member: 170122"><p>Down a bit on my EWG puts, but monday is gonna be blood red I think so I should start seeing some gains. I think we have plenty of downside to go. I also picked up some SNAP puts when it was trading above $10 today. There is absolutely ZERO reason for snapchat to be going up. Just a short term pop in my opinion. People may think "well when people are staying in their homes, they're using snapchat" but when business is ground to a halt I think advertisers are going to pull back, and that's their only source of revenue. In all reality I'll probably just sell them when I see some decent profit monday so their next earnings report won't matter to me. By the way, Nike (NKE) has their earnings report Tuesday, can't imagine it will be good and they haven't really dropped that much relative to other retailers</p></blockquote><p></p>
[QUOTE="D1984, post: 16385344, member: 170122"] Down a bit on my EWG puts, but monday is gonna be blood red I think so I should start seeing some gains. I think we have plenty of downside to go. I also picked up some SNAP puts when it was trading above $10 today. There is absolutely ZERO reason for snapchat to be going up. Just a short term pop in my opinion. People may think "well when people are staying in their homes, they're using snapchat" but when business is ground to a halt I think advertisers are going to pull back, and that's their only source of revenue. In all reality I'll probably just sell them when I see some decent profit monday so their next earnings report won't matter to me. By the way, Nike (NKE) has their earnings report Tuesday, can't imagine it will be good and they haven't really dropped that much relative to other retailers [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
SVTP stock pick thread.
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