Two bearish bets on companies reporting after the close today and before the open tomorrow.
Exited the ERIC put spread at $0.40 yesterday for a profit of 14%.
ERIC was up fractionally today after not-great earnings. I'm going to lower my exit price on this, looking for a gain of closer to 10%, in the hope that this drifts lower before expiration.
Out of the LOGI spread today at a net credit of $2.30, for a gain of 119%.
Exited the ERIC put spread at $0.40 yesterday for a profit of 14%.
ERIC was up fractionally today after not-great earnings. I'm going to lower my exit price on this, looking for a gain of closer to 10%, in the hope that this drifts lower before expiration.
Out of the LOGI spread today at a net credit of $2.30, for a gain of 119%.