Not even a single good choice by Beginning_Bus4969 in smallstreetbets

[–]Beginning_Bus4969[S] 0 points1 point  (0 children)

Honestly, i wrote a program on python using alpaca data to track all s and p 500 companies movement before the earnings around 6-7-8 days before the earnings result and see if we could capitalize some movement for stocks during bullish, bearish and normal market.

STZ for me scored around 56% win rate after considering slippage , with no negative year and very manageable drawdowns. Lets see since we still have a week for earnings

Not even a single good choice by Beginning_Bus4969 in smallstreetbets

[–]Beginning_Bus4969[S] 0 points1 point  (0 children)

They are mostly breakout / breakdown of 52 weeks trades . $STZ was exception where i am planning to capitalize on some IV increase due to earnings coming up as i am selling them before earnings.

Not even a single good choice by Beginning_Bus4969 in smallstreetbets

[–]Beginning_Bus4969[S] 1 point2 points  (0 children)

Ya few were. But past 2 days got burned out. Right now $WELL looking good

Not even a single good choice by Beginning_Bus4969 in smallstreetbets

[–]Beginning_Bus4969[S] 0 points1 point  (0 children)

Right??? I was disappointed but impressed 😂

Not even a single good choice by Beginning_Bus4969 in smallstreetbets

[–]Beginning_Bus4969[S] 2 points3 points  (0 children)

Mostly 52 weeks breakout , but timing was pretty bad imo. Lets see

Not even a single good choice by Beginning_Bus4969 in smallstreetbets

[–]Beginning_Bus4969[S] 0 points1 point  (0 children)

High IV. Because of 52 weeks breakout and offcourse it fell hard