BYND surging into the open
Quote:
Revenue in Disney's Direct-to-Consumer & International segment was a bright spot, growing to $4.1 billion last quarter from $1.1 billion a year earlier. No fairy godmothers there, just the addition of streaming platform Disney+, which now has 54.5 million subscribersan increase of more than 20 million since the quarter ended.
Shundere said:
OA, do this DIS puts, we should act fairly quick? Or wait a little to see if it drops off?
He takes the "go away in May" pretty seriously!CrazyRichAggie said:Shundere said:
OA, do this DIS puts, we should act fairly quick? Or wait a little to see if it drops off?
He said he's fishing today
So you're saying he's more worried about the fish than the mouse todayCrazyRichAggie said:Shundere said:
OA, do this DIS puts, we should act fairly quick? Or wait a little to see if it drops off?
He said he's fishing today
52% of it's available float is shorted. Those shares are borrowed from investors margin accounts. If the firm needs those shares because people that bought it at $4 want to sell, then they will call the shorted stocks back and the short seller MUST buy to close the position, regardless of the price. This creates buying pressure and squeezes more shorts. It can lead to a massive jump in the price of SDC.Grown Pear said:
Can you or Prog give a quick explanation what happens... or what you're cautioning against? Thanks!
ETA I'm holding those 6/19 $9C's
Oh I know, we've been waiting on that squeeze for months.Prognightmare said:
SDC has 52% short interest.
If you get caught by a squeeze, you'll get crushed so I wouldn't go too heavy on them.
3.70 for me. spread was crazy bigoldarmy1 said:
I got the high fill of $4 and then let it rip into the buys on LPSN to clear out all but 10%. Covered short on the pullback here
The mouse is pissing me off this AM. Would love to see some funds let it increase a bit and then dump the hell out of it mid morning!Grown Pear said:So you're saying he's more worried about the fish than the mouse todayCrazyRichAggie said:Shundere said:
OA, do this DIS puts, we should act fairly quick? Or wait a little to see if it drops off?
He said he's fishing today
awesome. I went with 5/15 30c.oldarmy1 said:If you did this with me then pop a cork.oldarmy1 said:
Buying some LPSN May 15 $25 calls as my hedge against all the Puts out there.
I shorted 50% of calls at $27.70-$27.85 to lock in guaranteed $2.76 average per share profit against the $25 calls. It could make a larger run so do with it as you will.
That fight didn't last.McInnis 03 said:
BA trying to bust below 125.40 but it's fighting.
If you weren't a buyer under $100 why would you be a buyer here?Nagler said:
At what point is BA worth getting in? Thinking long term hold.
Looks like whoever this is thinks we retest 310 on SPY which takes ECL to its retest $210.IrishTxAggie said:
They're back for ECL
Yep. Full size. Paid well last time. Especially after seeing that $50MM buy AH on MondayPignorant said:
You in on these?
Watch for the tricksy play on it. If you see it come back above last two day lows reverse to calls.CrazyRichAggie said:
My LUV put @ 25 looking good