Submitted by ConcertDesigner8918 t3_11dwjmi in wallstreetbets
Heard a lot about earnings going to fall short of expectations so bought a few puts for ZM expiring Friday when stock was around $74.7. Now I was wrong and got fuckedðŸ˜
Submitted by ConcertDesigner8918 t3_11dwjmi in wallstreetbets
Heard a lot about earnings going to fall short of expectations so bought a few puts for ZM expiring Friday when stock was around $74.7. Now I was wrong and got fuckedðŸ˜
Whatever you read alot of. Do the opposite
Place the trade. Then reverse it and then inverse it. And then if you lose money. Kill batman
Thought this was a missy elliot song for a sec
Idk want to be that guy and sound all smart but it was obvious earnings were being beat. 3 days ago they tweet about AI, buying puts on that is already a crazy move. They have beat earnings for a good ass while now, even on their downfall. People think that because covid is gone they are just going to report loses.
Be ready market will take a dive
User Report | |||
---|---|---|---|
Total Submissions | 1 | First Seen In WSB | 2 minutes ago |
Total Comments | 0 | Previous Best DD | |
Account Age | 2 years | [^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.) | [^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) |
See you on the other side my boy. What strike price?
[removed]
Im curious being on the bull side here (always trying to understand other side of trade) and loaded up on $ZM calls, what was your DD as to why they would continue to fall/ miss earnings?
They lost 110M v a profit of high 400M last year. They said stock compensation caused the loss. The earnings subtracted that out to show a profit. Now that is almost 600M of stock??? You tell me if that is right.
You trade based on hearsay?
[deleted]
I heard your mom did.
Omnipotent-Ape t1_jaba4l6 wrote
Zoom is a well run company. Of the COVID stocks (CVNA, PLTR, PELO, etc) ZM is one of the few that is consistently profitable. That said, I just don't know what their next move is. They have a few billion in cash though.