### Comment:
Why? Should’ve bought puts huh. Damn lost on SQ last time too, should always buy puts against Dorsey

### REPLY:
because the price of shares dropped 17% overnight man.  they were expensive last night because the stock was at 39 and it had earnings in the morning.  this morning the stock is at 31 or whatever and earnings is over so nobody is really betting on it hitting 44 any time soon.  thats how options work, its just a timed bet

### END.