|From: EPR53167 (Rep: 1249) reply to KidsCollegeFund||Date: 06/11/2018 17:37|
|Forum: RH - Restroration Hardware - Msg #175||Thread #674014577 (Rec: 0) |
|Re: Pretty incredible a/h move but Ive got nearly $12 cushion for my calls so...|
Listening to conf call - gotta say, it was a stellar quarter no doubt, but when the CEO says “it’s raining money” at RH, my antennas go way up. You know the sayings, so I don’t have to repeat them, but I do believe this is WAY overdone. We’ll have to see how the opening rotation goes tomorrow but I hope to buy some puts at the open if she’s anywhere near this area. If I take a hit on my nakeds, it’ll be only the third time in my life I’ve had to buy back calls without letting them expire worthless. We shall see!
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| Reply to KidsCollegeFund - Msg #2737723 - 06/11/2018 17:29|
Re: Pretty incredible a/h move but Ive got nearly $12 cushion for my calls so not... I thought it was grossly overvalued at $75.
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