Teradata Corporation
Aggiornato

TDC Gap Fill?

225
TDC has declining revenue and earnings, no idea why it's still up in COVID-land. Has to fill the gap eventually, snagged a few puts for earnings Monday afternoon.

Remember, earnings is always a crap shoot, but you know that from NFLX, FB, AMZN, etc, lol
Nota
Hilarious timing there, it's like they realized earnings is coming up right after I posted this.
Trade attivo
I added some $40 puts as well, probably cash out the $42.5 puts if it hits $40 Monday.

It's no longer trading with the market, so there's definitely some pre-earnings jitters.
Trade attivo
Well, if you added more on the morning pump like I did, you can flip the $42.5 and just play the $40s. Up to you, earnings are always a crap shoot, just because it's red right now doesn't mean it'll drop on earnings. Chart pattern is never an indication of earnings direction.
Nota
Trying to decide if I want to be greedy or play it safe

My recommendation will always be the safe play, but I don't always follow my own recommendations, lol.
Nota
AH pump on low volume, guidance isn't that good, flat revenue. Might roll back into $42.5 puts a few minutes after open tomorrow.
Trade chiuso manualmente
Bought shares and converted to a put protected long position, made most of my money back and closed it.

Funny if I held longer I would've made a profit, 22%? LOL.
Nota
I think it hits gap resistance and drops tomorrow. Obviously a short squeeze with 9.3% of float shorted, I don;t think it holds the gains. Will look at it again tomorrow, but no updates even if I trade. Might be better stuff to day trade tomorrow.
Nota
Looking at the chart, every short squeeze lasts 3 days, will wait a couple of days and buy $50 puts I think
Nota
Gap resistance is $51
Ordine annullato
Looks too strong to short, probably fills the $57 gap before it goes down

If it hits $57, I'm buying March puts
Trade attivo
Bought $50 puts, 28% in one day when QQQ rolled over...

Dangerous play since it could still fill the gap above, but earnings weren;t that good
Nota
And revenue guidance sucked.
Trade attivo
Snagged a few $45 puts today, this POS needs a gap fill for this earnings now.

I figure that gives me 2 weeks, lol.
Trade chiuso manualmente
Gap up on this, broke even.

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