Game Plan for BYND Tomorrow via /r/wallstreetbets #stocks #wallstreetbets #investing
Game Plan for BYND Tomorrow
If you bought puts you're winning come tomorrow people always ask should I sell at open or hold; I got some suggestions. In the image below is the earnings price effect history for BYND and as you can see on the chart and in the table for absolute percentages BYND usually maxes(purple line) out at around plus 8-10% on the open(pink line) and it happens consistently, but it also goes below open around 8-10% meaning if you weren't able to buy today there could be an opportunity tomorrow. I think we could see the opposite of BYND'S first earnings with the stock opening at around -30% and max out at around 40-45% target 101.5 to close my puts. This target only applies if BYND opens at -28% to -30%.
Submitted November 09, 2020 at 11:15PM by FriedChicken677
via reddit https://ift.tt/38skSuA