Cost Day Afternoon

I’d like to tell you about a trading error as it’s happening in real time.

A couple of days ago, I bought MDB puts. They came out with earnings, and the stock soared. I dumped the puts the next day at a 50% loss.

I therefore have earnings-terror-on-the-brain. I thus sold my COST puts at about a 100% profit, even though I think the pattern is still dynamite. Thus, I am out of position, guaranteeing the stock collapses after the close today when earnings are announced.

Just sayin’.

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