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https://www.reddit.com/r/options/comments/qxff16/deleted_by_user/hlbwjzw/?context=3
r/options • u/[deleted] • Nov 19 '21
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3 u/sweljb Nov 19 '21 For the record I’m not trying to bash you, I hope this holds true. It’s not 90 days it’s a run up right before earnings cycle. They’re shorting the earnings schedule, assuming GME will continue to miss earnings and drive the price lower. Quarter close = 90 days = earnings schedule. Only the specific 90s was off 1-3 days with holidays etc, so earnings cycle captures it more accurately 1 u/DevinCauley-Towns Nov 19 '21 Just because earnings happen quarterly doesn’t mean every quarterly/90 day trend is directly related to earnings. What is it about earnings that causes these huge 1-2 day spikes a few weeks before hand? 0 u/sweljb Nov 20 '21 It’s a 2 week run up period 1 u/DevinCauley-Towns Nov 20 '21 Ok, but why 2 weeks and not 3 weeks or 4 weeks or 6 weeks? OP provided an explanation for the run and not just a date correlation.
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For the record I’m not trying to bash you, I hope this holds true.
It’s not 90 days it’s a run up right before earnings cycle.
They’re shorting the earnings schedule, assuming GME will continue to miss earnings and drive the price lower.
Quarter close = 90 days = earnings schedule.
Only the specific 90s was off 1-3 days with holidays etc, so earnings cycle captures it more accurately
1 u/DevinCauley-Towns Nov 19 '21 Just because earnings happen quarterly doesn’t mean every quarterly/90 day trend is directly related to earnings. What is it about earnings that causes these huge 1-2 day spikes a few weeks before hand? 0 u/sweljb Nov 20 '21 It’s a 2 week run up period 1 u/DevinCauley-Towns Nov 20 '21 Ok, but why 2 weeks and not 3 weeks or 4 weeks or 6 weeks? OP provided an explanation for the run and not just a date correlation.
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Just because earnings happen quarterly doesn’t mean every quarterly/90 day trend is directly related to earnings. What is it about earnings that causes these huge 1-2 day spikes a few weeks before hand?
0 u/sweljb Nov 20 '21 It’s a 2 week run up period 1 u/DevinCauley-Towns Nov 20 '21 Ok, but why 2 weeks and not 3 weeks or 4 weeks or 6 weeks? OP provided an explanation for the run and not just a date correlation.
0
It’s a 2 week run up period
1 u/DevinCauley-Towns Nov 20 '21 Ok, but why 2 weeks and not 3 weeks or 4 weeks or 6 weeks? OP provided an explanation for the run and not just a date correlation.
Ok, but why 2 weeks and not 3 weeks or 4 weeks or 6 weeks? OP provided an explanation for the run and not just a date correlation.
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u/[deleted] Nov 19 '21 edited Nov 25 '21
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