Bought today pre market and around market open (post announcement obviously):
– 200 shares LRN @ 80.37
– 200 shares FI @ 85.53 (sold 2 100 calls to take advantage of increased IV and because I'd be very happy to let these shares go at 100)
– 100 shares VRNS @ 34.48
Will look to add more to LRN and VRNS and potentially move to OTM Leaps once things settle. These represent an irresponsible amount of my overall portfolio. The loss today on these hurts, but I genuinely believe this was a market overreaction. Do I wish I had gotten it at a lower price on LRN and FI? Yes. Still I think upside on these justifies holding.
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EDIT: Added clarification that I bought these today.
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EDIT Oct 30th: Seeing that FI had weakness premarket, I reestablished my position as short premium (sold the shares and sold 2 70 puts. Rolled the calls to 80). Will continue selling premium here as long as vol is high and then will let myself get assigned.