Normally BBY responds well to earnings, but currently stock is testing 10-year resistance around 39. Probability dictates this will fail and IMO there is a vacuum down to the 33-ish level.
Note
Sold NOV18 34p / buy NOV25 37p -- .75 debit for trade.Trade closed manually
I was completely wrong on this. Sold after earnings for .03.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.