Quant: “Questionably useful analysis not technical"

Mean reversion is just a remedial version of Elliott wave, Bollinger bands, Wyckoff method, even cyphers... It's the most basic form of TA barely more sophisticated than support and resistance or moving averages.

 

I could literally draw a triangle in the blank space where it is going to form next week.

 

Down 30% despite the "Chart Speaks Volume".
A lot can change in 6h30. Didn't age well.
Offer is 1.34. You sold @ 1.01

 

Please do so. Make sure its not full of mumbo jumbo "maybe's."

 

Nice try Troll…..

Now you are a mean reversion / stat arb guy?????

 

My leg in plan depended on price "dropping" as it is exactly what the chart was showing. You guys see price dropping...I see it as price coming right into my lap.

 

The earnings but not its (immediate) reaction.
Next time maybe ... Wish you the best.

 

Did you not read my topic...I literally suspended the trade because I suspected a drop post earnings...not BECAUSE of earnings but because of the setup.

I am using the term "setup" as it is the remedial lingo of clueless traders.

Anyway if all goes well this will continue to drop to 15.50 or so.

 

Why sell a Put pre-release if you expect a post earnings drop ?

 

?? To leg in and maximize profits. Price dropping was a statistical probability, but not a guarantee so I lock in initial premium.

Anyway as mentioned if all goes well this will continue to drop to 15.50 or so. Remember I am happy to hold MARA and my avg cost will be about 15.70 per share if I don't sell into price.