(03-18-2021, 06:48 AM)divmenow Wrote: Hey Fenders are you buying your 1 share of DG on this $10 dip this morning lolLOL I wish it was about one share. I have a short put open and it's not strike 170 lol. I'll be rolling that and only eating some of the drop tomorrow. Guidance was likely a sandbag. I am building a position so it doesn't matter. I won't be shaken out of DG. This won't be the last retail shocker. COMPS will be a bear and consumers can switch gears quickly.
This will probably see $150 now. Not only did they miss earnings, but they also gave weak guidance. Not good. I expected much better from them.
I have more puts open near earnings than usual. (DG,CSIQ and NKE). CSIQ beat and I'm not worried about NKE. I'll be doing some buying tomorrow finally. As least that's the plan. 10yr treasury is going to create some buying OPs soon. I'm fairly confident of that. At least my gold minors are kicking it for now. It's been a real decent month overall.