Busted burrito trade. 25% position. Earnings, trade thesis looking for a gap decline as seen in the previous two earnings releases.
Reaction was positive. People, and Wall Street, still likes expensive Mexican food.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-02-05 09:47:00 | FEB08 13 280 PUT | sell | $1.610 | short |
2013-02-05 09:47:00 | FEB08 13 290 PUT | buy | $3.350 | long |
2013-02-05 09:47:00 | FEB08 13 290 PUT | sell | $0.0000 | 0 |
2013-02-09 11:00:00 | FEB08 13 280 PUT | buy | $0.0000 | 0 |
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