I just bought 150 DVN put contracts expiring 1/29 at 19.50 strike. I guess you could say I'm not optimistic.
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Clearly the OP doesn't understand finance or economics... It was clear there would be a short run jump, but if Devon makes it through this storm they'll likely triple in value by 2018.
This guy lost a lot of money. Hahahaha
Wa wah wah Wahh. (Sad trombone)
Stocks jump after layoffs. Everyone loves layoffs except the people being laid off.
Well, when a horse is lame, and carrying a 400 lb jockey, it's a safe bet for it not to win the Preakness.
Gambling, huh...