Jeff 8:16 am on Friday, February 5, 2016
Tags: Earnings ( 3,108 )

DATA bouncing, but now it’s NOW

#Earnings DATA bounced off the 40.00 level and has been trending up, even as markets are dropping. The collateral damage though is against sector sister NOW, down 15% today, for which I am short the Feb 19th 60 puts.

sasquatchonline 8:38 am on Friday, February 5, 2016

I went 50/60 BUPS on the earnings, so I’m trying to decide if I should sell the long side and see what happens or just sit tight.
- Jeff 8:41 am on Friday, February 5, 2016
  
  Tough decision. There’s a lot weighing against the fundamental story, even though they had a record quarter. It’ll take a few days I think before we know if this one is just going to start dying or recover.