And what if that move yesterday was deliberate? That move down yesterday was done with about 2.1M shares. Don't look at the days volume, it was done by noon. I just broke down the volume. Now, look at all the $40 puts that got sold yesterday north of $5. Today too. Add those with all the $37.50 puts, and the $35's, and even the $32.50's.... we're talking 100 million dollars easy. And while you're selling all those on the drop.... you buy the otm calls for cheap. Yep.... Coupang could be setting up to take off hard.
I know! Good point about volume. Many buy/sell programs will be set purely to Increased vol and down day without noting that most of the volume had peetered out by noon. Any further fall after noon you can basically take back. Van-> EBAY- EPS 99c, consensus 95c ยป
GOD HELP US BE UP PLEASE!!! Coupang options imply 17.9% move in share price post-earnings 15:19 CPNG Pre-earnings options volume in Coupang is 1.2x normal with puts leading calls 9:8. Implied volatility suggests the market is anticipating a move near 17.9%, or $6.56, after results are released. Median move over the past eight quarters is 9.3%.
stupid elms... i'm trying to play around with stop limits on this stock, which saved me last time when they dropped it, but it messed me up this time because it dropped right before climbing again. triggered my stop at its low for the day. i don't usually do stops like that, but i'm testing it on this one. which is all to say that i wish i was still in it--probably would have bought back but all my settled funds are used up for the day
Hey Stoney.... I think your MQ is gonna tank. It's a good short up here. $31.45 Its gonna fall. I'm in.
Marqeta $MQ Revenue beat, but they were forecast to only lose $0.10 Net loss per share - basic and diluted $(0.29) Net Loss: Net loss increased by $61.4 million, or 865%, year-over-year to $68.6 million as a significant increase in gross profit was offset by increases in employee-related costs. Adjusted EBITDA: Adjusted EBITDA in the second quarter of 2021 was $(10.6) million, a decrease of $(7.6) million year-over-year. Financial Guidance The following summarizes Marqeta's guidance for the third quarter of 2021: Net revenue $114 - $119 million Adjusted EBITDA $(16) - $(13) million
$33.50 right now is a good price for CPNG Ignore the earnings miss on this one. The yoy revenue growth was there. It'll bounce tomorrow.
Yes they are not bad earnings it's all that fire damage it's insured.... ROOT is flying on a Carvana investment! <-----**** What happened with MQ's earn? It looks like it broke $39 at 1 pm Now it's down $2 AH!! Oh what a bad day for me!