It looks like MQ flash crashed today and came right back.... strange action MQ- $10.80 Previous Close 11.21 Open 9.35 Bid 10.89 x 1000 Ask 10.90 x 1100 -->Day's Range 7.30 - 11.01
I PROBABLY DON'T LIKE WHAT THESE GUYS DP. From a moral standpoint maybe I can't make this trade. FTC says Opendoor to pay $62M under proposed administrative order 13:34 OPEN The Federal Trade Commission announced that it took action against online home buying firm Opendoor Labs for "cheating potential home sellers by tricking them into thinking that they could make more money selling their home to Opendoor than on the open market using the traditional sales process." The FTC alleged that Opendoor pitched potential sellers using "misleading and deceptive info But the set up is there because this news came just after barons said: Opendoor stock could double, Barron's says 09:48 Z, ZG, OPAD, OPEN When Zillow (Z) abandoned its online buying of homes in November, investors walked. Zillow's exit, however, also knocked half off the stocks of Opendoor Technologies (OPEN) and Offerpad Solutions (OPAD), two pioneers of the use of algorithms to buy homes - so-called iBuying, Bill Alpert writes in this week's edition of Barron's. At the current price, Opendoor is valued at around $3 billion, which isn't much more than the cash on its balance sheet, or alternatively, its book value, the publication notes. By turning over its inventory of homes roughly once a quarter, the company has reliably produced a per-home profit of around 5%. After years of start-up losses, it now makes operating profits and had its first net profit this year, the author adds.
We have a high vol sell off on OPEN usually not good. But this could be Cathie leaving. Opendoor Technologies Q2 2022 Earnings Preview Aug. 03, 2022 5:35 PM ETOpendoor Technologies Inc. (OPEN) Opendoor Technologies (NASDAQ:OPEN) is scheduled to announce Q2 earnings results on Thursday, August 4th, after market close. The consensus EPS Estimate is $0.12 (+150.0% Y/Y) and the consensus Revenue Estimate is $4.19B (+249.2% Y/Y).
THIS IS SUPER RISKY- THEY PAID THAT BIG FINE- HOUSING IS IN A SLOWDOWN THIS STOCK IS WAY DOWN.. BUT THOSE ARE REAL NUMBERS- QUITE A BIT OF MONEY- YEY RISKY THE WAY THEY MAY CARRY THESE HOMES-- UGH I'M TORN- Opendoor Technologies Inc. (OPEN)-? NasdaqGS - NasdaqGS Real Time Price. 4.6850-0.5250(-10.0768%) As of 03:29PM EDT.
Our rule here is 11-1 // here 7-3. 7 calls for every 3 puts---- not quite there. 17% move expected-! Opendoor Technologies options imply 17.8% move in share price post-earnings 14:19 OPEN Pre-earnings options volume in Opendoor Technologies is 1.8x normal with calls leading puts 7:3. Implied volatility suggests the market is anticipating a move near 17.8%, or 84c, after results are released. Median move over the past eight quarters is 14.3%.