UPSTSNAP and some others fell after earnings despite good results. One common thing among these stocks is net buy in trading trends on robinhood is high before earnings, indicating retailers were into these stocks. Better to stay away from such stocks and protect your money.
SNAP Barely managing to turn a profit while continuing to dilute against shareholders, never paying a dividend, never buying back shares, company growing older and older and not gaining any new traction. I don't know what will cause this to ever significantly appreciate again, hope the billions they're spending on R&D aren't all for nothing.
SNAP anyone have an idea here ? 200%+ iv on the 10$ put same week. But the theta is insane as well. The 14th might be the play on the $10 put. It if it hits you’re treated with 200% iv on the same week. Also it could shoot above $13 … to be seen.