Talk about Pisser… MA trade
I bought MA 240 Oct calls because of the earnings collapse.
Sometimes I do not understand Wall Street. Upon news of the Amex settlement MA shot up. They post today, and they collapse because of the loss from the settlement. Yet their earnings were great, and beat nicely.
What pissed me off about the trade… I guess when I typed in the order I initially typed in a different option order then I thought i was typing in. The process of closing it out, then buying the correct option order cost me. Anyway, had to vent that. Its such a pisser.
