CMG puts went ballistic today post er’s. In my earnings video this past weekend I noted the stock looked to be running out of steam, yet there was still the chance the stock would continue its amazing ascent. It was not to be as the stock was taken to the woodshed today down well over 20%. Many put option contracts moved well over 10,000% today. Hmmm… 20% gain or 10,000% gain? Got stock options?
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