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wordsofmassdiruption t1_j9yqhe1 wrote

Careful with those LAZR puts. Luminar Day on Tuesday, big announcements slated.

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hardyrekshin OP t1_j9zfrox wrote

Thank you for sharing.

Is there any chance this is a sell the news event?

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wordsofmassdiruption t1_j9zw1mj wrote

They just announced the Mercedes deal that they said would raise their business by “an order of magnitude”. They are announcing 4th quarter earnings and are supposed to make a few more major announcements. With 200k call options between $7.50 and $9.50 expiring Friday, the catalyst of good news could easily cause a decent squeeze. Held with high volume above the options that expired on Friday, so seems like it has a good chance it can repeat this week. Just saying not sure a put is the way to play this one.

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hardyrekshin OP t1_ja05uo4 wrote

Valid point. And thank you again for sharing the supplemental DD.

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wordsofmassdiruption t1_j9zzf3r wrote

“At Luminar Day we will unveil our technology roadmap, as well as our near-term and long-term financial plan, including Q4 and full-year 2022 financials.”

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