$CRWD 20260702 650.0 PUT$ This was a close one. My strangle on CRWD for earnings play was based on a study of options data and an expected move of 10% with my short at 12%. However CRWD fell before earnings and so my position became close to 11%. After earning it was broken. I rolled the short put lower and luckily the stock surged and I could exit at a small profit. For a time mark to market loss was huge. Trade Feed: Who is your favorite trader?
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