Why I’m Hedging My Bet on SNAP Earnings
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If you’re in my free and member Telegram channels, then you probably saw that I’m ready to bail on my big Snapchat (SNAP) earnings position that I had been building for a few weeks.
So today I figured I’d also do a video going more in-depth into why I decided to reduce my position — despite initially planning for a big play, up to $30K.
Snap reports after the close today, and I’ve noticed something in the order flow that makes me really uneasy, so it’s time to take a step back — especially after hitting a grand slam for Tesla’s earnings and now wanting to protect those profits.
Here’s what I’ll cover:
🔎 Order Flow Shift: Call buyers started selling off positions, signaling a change that can’t be ignored.
💰 Profit Protection: I had a huge week with Tesla, so I’m keeping my gains safe without chasing this setup.
⚠️ Risk Management: SNAP’s stock could explode after hours, but that’s a chance I’m willing to pass on for now.
Tune in for a transparent look at how I’m handling this high-stakes earnings season — and why sometimes, the best move is moving on the sidelines.
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