Last of my money on Netflix earnings. Story time

Oh. Well you said puts, as in more than one. In that case I think you should wait just a few mins after open, then sell. It will probably drop a bit more, then bounce since it's a FAANG stock. Futures flushed after hours down to like $296 equivalent on SPY.

And please don't yolo it on earnings. I made the same mistakes you've made, and I also made 40% on a sony earnings yolo. Lost more than 80% of my total cash after that trying to yolo other earnings. Just dont do it man, I regret it so much.

Use small position sizes (20% or less) and buy calls on oversold levels, and puts on overbought levels. Use stop loss (very very important). You will consistently outperform the market by a wide margin using this method, if you are disciplined and non-emotional. Don't make autistic plays for the karma.

/r/wallstreetbets Thread Parent