Thread regarding Devon Energy Corp. layoffs

Not Optimistic

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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| 1571 views | | 6 replies (last January 22, 2016) | Reply
Post ID: @OP+FyT9EUB

6 replies (most recent on top)

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.

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Post ID: @1air+FyT9EUB

This guy lost a lot of money. Hahahaha

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Post ID: @1roh+FyT9EUB

Wa wah wah Wahh. (Sad trombone)

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Post ID: @okj+FyT9EUB

Stocks jump after layoffs. Everyone loves layoffs except the people being laid off.

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Post ID: @fmd+FyT9EUB

Well, when a horse is lame, and carrying a 400 lb jockey, it's a safe bet for it not to win the Preakness.

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Post ID: @wiv+FyT9EUB

Gambling, huh...

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Post ID: @zad+FyT9EUB

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