Ep. 7: The Secret To Capping Downside Risk From Earnings With Chris Gessel & Justin Nielsen
Investing With IBD
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Shopify's Earnings Missed by a Mile
The stock was trading at around 130 yesterday. The option was eight and change, so 76, I think. So that's more than we typically like to use. We like more being in the 3 or 4% range. Sometimes we'll go above five, but definitely with a half position. Yeah, you have to be really confident.
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