AKAM
Updated
Flat revenues, bet this gaps down like May 2017.
Note
Didn't go as I expected but earnings don't justify the ridiculous gap. Only stupid companies buy back their stocks at the top especially when they have long term debt. Worked really well for IBM, lol.Anyways, I bought more puts after earnings, dumping 1/2 here at the gap support to lock in profits. Let's see if it closes the 2 gaps underneath.
Trade closed manually
With futures up big, decided to sell the rest of my puts in the morning. Looks to be an upside down H&S or something. Will look at shorting again if it hits $78. Made a couple grand overall, good enough.Trade active
Appears to be forming a pennant here, no postion until it breaks out.
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