Will Splunk Go Thunk?

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One of the few interesting earnings reports this afternoon is going to be Splunk (SPLK), against which I have some September 16th $120 puts.

I’d like to point out that if you do a comparison chart between SPLK and CRWD (an obliquely-similar company) you can see how wretched SPLK has been, even when compared to another money-losing tech high-flier. Fingers crossed!

UPDATE: No thunk here! I’m still willing to hold on to the puts (they expire in 114 days) as long as the price doesn’t go above $105.