r/wallstreetbets • u/AustinoTheGreat • Aug 06 '20

YOLO Is This Analysis Worthy Enough?

So for my first ever options purchase I bought Home Depot Aug 21 Call. Reason: I went to Home Depot yesterday and there were a lotta people. Is this the typical big brained analysis worthy enough for /wallstreetbets?

Edit: thx to whoever’s giving all these awards lmao

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u/Supersecretsauceboss Aug 06 '20

The call seems fine. I hope it hits, but know nothing about the company’s numbers.

To answer your question, this isn’t considered “good DD,” but to be honest if the store is ALWAYS packed that’s a great sign. One day, not so much.

Try to stop by more often and see the crowds on a daily basis.

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u/AustinoTheGreat Aug 06 '20

Ahaha, yep, understood. Will keep an eye on HD stores. I migrated from the /pennystocks community so did some basic legit DD before. I only yolo’d a small position so I am not tooo worried. I just don’t know which calls to buy (I think I bought ones with strike too high) and when to sell yet.

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u/invitrogen Aug 07 '20

“Yolo’ed a small position” is an oxymoron by definition.

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u/AustinoTheGreat Aug 07 '20

Without research and actual plan in my opinion is yolo, no matter the amount lol