DATA down over 40% and LNKD down over 30%… these will be all-time biggest one-day post-earnings in each stock’s history (assuming no massive rally today). I did not trade LNKD but some here did, and I sold a strangle on DATA including 62 puts. With a smaller company like DATA, it is tougher to know how long it will be to recover, or if it ever does. For now, I will take assignment of the stock and sell premium around it. The majority of the time, there’s an eventual return to the mean… but other stocks, like TWTR, can keep dropping. This is, of course, why position size is so important with naked options. I always assume the stock could drop to zero and make sure that I wouldn’t lose half my account. (with DATA, I have 5 puts).