Eagle Materials Inc. manufactures and distributes Portland Cement, Gypsum Wallboard, Recycled Gypsum Paperboard and Concrete and Aggregates from more than 70 facilities across the US. Eagle's corporate headquarters is in Dallas, Texas.
I got early assigned 500 shares from a credit spread at $641. Which was down to $617 for a $12000 loss. But my long put was up $18000 so I actually made $6000 on a $665/$685 spread that dropped to $615. Not sure how this even worked. I also accidentally bought DOCN and PLNTR spreads with a 5/1 expiration on 5/1 instead of exp after earnings, and they both made money. I do find it strange that the only mag7 company with an EPS miss was Google and they were the only company who’s shares went up post earnings. Makes zero sense.
They are increasing the options exp dates and considering expanding derivatives trading hours, while reducing reporting and transparency.
Last year everything was computer. This year everything is Vegas. As a degen, this is exciting.