wanderer said:
WWR at 17.50? OA you getting your tickers mixed up?
My guess is people didn't follow my, frankly, plea to get on a platform that allows you to trade pre/post markets.
I once said "you are not a stock trader if you don't have this because nearly every wild move occurs when volume is thin and easily manipulated." And secondly - "use shorting of a stock when you have calls and the stock is ballistic pre/post market. Remember AMC calls? I know some of you joined in on those when the stock was under $2.
We had a ton of the LEAPS and not a few days later the meme wars hit. I had no idea of that coming, I only saw AMC as a great LEAP opportunity. Our calls were small single digit strikes and when the stock raced above $25 premarket I posted I was shorting shares. The stock retreated to $13.46 that day to cover 50% and then in the $8's the next day to cover the rest. It shot back up a week later above $25 and I sold 75% of the calls. The rest is history as it went to over $75 where I missed the short fills and had to sell the remaining calls at the open.