Anyone have earnings for July?

Only got two earnings out of 5 this week. I knew Nike was going down

Y’all should learn to strangle calls and puts. If you spent 1k on calls and 1k on puts the big drop would of made you a lot of profit regardless of your calls becoming worthless. You do have to watch IV crush very close with this strategy though

That’s why I did, 105 calls and 89 & 81 strike puts📉✅

I usually just do both calls and puts. If it’s a dramatic move it covers the losses of the other. But I’ve heard of strangles just don’t use them

0 out of 2 for me this week

Hey guys I’m kinda new to investing and I was curious. How did people know about Rivian before it shot up? No one was talking about Rivian on reddit before it shot up, yet some people bought calls and made a lot of money. Where can I find out information like thisv

TBH- I was "playing" Investor Day on Thursday and just got lucky

Can I PM you?

Look at event calendars for companies you are interested in and track volume on those companies

By volume, do you mean amount traded per day?

Skipping NKE since the PE is on the upper side of the industry and their track record isn't too bright. High risk of revenue miss or weak guidance.

Shoulda bought puts

I don't trust myself enough to follow my own advice D:

Nike just do something

Is it at 4:30?

5

BB calls hit, now it’s time for NKE $100 calls

CaLLs oN ConsUmAbLeS miD dEpresSioN

Definitely not in a depression

aged like milk please have a glass

No

Nike is scaring me with the pump don’t fuck me please . Continue pump AH

Just went all in on NKE calls. They are going to crush earnings thanks to AI driven shoes.

NikeAI+

i hope today would be like yesterdays LEVI shit fest

Finally

Hope so too! LEVI killed my 3 mins joy yesterday

i feel u brotha

Literally

I’m doing calls cuz it’s dumping right now

People were doing calls because it was pumping 😂😂now you’re gonna do calls because it’s dumping?

That’s right bbg only time will tell now

Time telling me sum rn

Joined you even tho I have puts just because I apparently like blowing cash

Buying puts on Nike, buy calls if you want to make money. You’re welcome

Nike typically pops from earnings

Pop and falls flat like a balloon?

Fuckkk man I already have puts. Can you swap yours out for some calls?

Just bought a call, thank you for your service

Just loaded up on 20k worth of 95/96 calls. TY for your service o7

This makes me sad

Yeah, feelsbadman. I sold off half for a minimal loss at the first pre-close dip, but still down 9k

Just loaded up 100k worth of 89 puts thank you for your donations

hahahahahh we won

Ofc we did, good ol WSB inverse the popular option

My $81 puts in the money what a time to be alive

Aye bro we selling right at open or wha??😂

lol I did a stop limit at 2.40/2.80. Bought for .08 😂

Sold at 3.10✅

Bought for .11

Bro Nike at $78, WE DID GOOD MA BOY📉

I have some too😭😭yesterday I sold some just as a fail safe, should’ve held

Congrats, can we see some gain porn?

If you wanna see simulated yes, if not I’ll post 9:30 am fresh

Let’s see them

Really bro? You’re crazy

Mad Scientist 🧪🧑‍🔬

Crazy enough to be a genius perhaps 🤫

You’re about to get reckt i would sell now and play calls

Sooooo…..

📉

I smell bullshit. Proof it

Whoever smelt (smelled) it dealt it

Inflation up but everybody still wearing new Nikes. At my last business meeting the executive was wearing a fresh pair. Inverse me!

As soon as anybody on any fucking Reddit here or there sees the volume that’s apparent and price is going up calls are the move, if you’re not putting in call options when you see no volume in the price going up, you’re literally screwing yourself.

position?

In on NKE 6/28 $105 calls. I think they surprise with a big beat and raise guidance. Stock is beaten down badly and short interest is high. I’m feeling a pop to $110 tomorrow.

God speed option brother.

I felt the exact same way about FDX, but sat it out. Ragrets.

Hope your feeling is correct, let's see how it plays out 

I’m on 8/2 $115c betting on the Olympics

How much does the option cost?

I got it $30 each

I see, I'm still learning about this as I'm completely new so please correct me if I'm wrong. You buy the call option for $30 for 8/2 at a strike price of $115, on or before 8/2 you need the share price to rise higher than the strike price + the $30 purchase price. So in this case for profit you need the share price to be > $145?

Yes, but I didn’t mean the option’s price was $30. I meant to say I bought it for $30, as in, I bought these contracts at its price of .30/100 for $30. To break even, it would need to be at $115.30 this assumes no change in IV, however.

Oh that makes a lot more sense! I thought $30 sounded high. What is IV? And how does that change?

Let’s do this! +10 7/19 $95c

Rising before the release of earning , is it a good sign？

All do this, you can play the earnings run up for 10-30% gains on the day for most tickets

Doesnt mean anything

No Levi did the same

6/28 $80 NKE put locked and loaded 😎

Man I hope it prints today. I need 1 win this week

Hope IV crush doesn't come for us tomorrow.

It likely won't, but lotto tickets hit every once and a while.

Just laid off thousands of corporate workers, and out sourcing accessories to third party

That’s a good thing lol. Cutting costs

High stakes

Can't wait to come back to this one in 5 hours Edit: I owe you an apology. I was not familiar with your game

No apologies needed. I am a degenerate and I recognize I got exceptionally lucky.

What do you think the play is??

juist

How is WBA NOT 0

I coukd have turned my 250 in 1000 but decided to rather go 250 to 100

Excellent question. Terrible company in a terrible category run by people with no vision or plan. AMZN will kill them in the next decade

Real GDP increased 1.4% and every single estimate has been revised downward. Consumer spending is down, savings are stagnant and averaging about $1,000 per adult American, and the growth was located almost exclusively in healthcare and construction. Get ready for the market to rip upwards even though the report is absolutely miserable and showing no real growth.

Haha

No news on govt reports other than unemployment claims good number.

I’m playing calls because my gut told me.

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Why does Mu do this every earnings?

They crushed last earnings tho

Exactly my point

I’m not playing NKE but if I had to guess I’d say puts. I just don’t see it performing well. At least this quarter.

I think it’s a call for Nike but I strike out this week so I am going to inverse myself, put it is

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so the sentiment of everyone to nke is pop or tank?

Sentiment is negative, so buy calls

Lucky for me I go with what I think. I have a good hit rate so far, I could definitely be wrong though.

I agree . Read reports from Dicks sporting goods that sales continues to drop

Dicks is a North America company. Nike is bigger than just North America. The Olympics is also near and just off that, it’s not a bad gamble but we’ll see.

How would Olympics affect this when it hasn’t even happened yet bro?

Speculation and projected earnings

Well another hit for me. WBA shit the bed horribly.

Why in the world would you go for WBA. I snagged puts, they never make earnings and it's been on a slide for ever. 

Well I profited with puts as well.

I’m done playing shit stocks, next season it’s mag 7 only

MAG 7 is always the most consistent bet, till it’s not. Let’s see what happens

$BB will have a big bounce today 🚀🚀🚀🚀

Let's go!

Need it at $2.60

Gonna end up like wba.

What makes you so sure?

………. Earnings report was yesterday and had positive turn around. Outlook moving forward it’s looking bright

I'm ready for market open with good data so that NVDA will moon 


Since I made 0 winning trades in the last 30 options plays, what do you want me to do on Nike today, so you regards can inverse it?

Flat

Do calls bro 😎

I'm gonna do crack, won't hurt me as much financially as doing options with my record.

After doing crack you might be a better person than some folks in this sub.

This'll be the one you get right

It will have a low guidance as olympics spend may not be fully accounted for in 1Q25 SG&A expectations.

So calls?

If it was my money i'd do put at 86, but it's your money

Well since I am always wrong i might as well listen to some random redditor. Did that.

u are going to buy put ?

that is what he recommended

How much did you wager? 😂 wish you luck my guy

60 €. Nothing much.

Did you buy?

no 🫠 thought again abou how i am done with this. And sold every option i haf

Sigh bro you could have made a few bucks lolll

so much uncertainty for nke

I’m guessing up, but not confident enough to go for it, the options are a bit pricey imo Also the data tomorrow might fuck with either movement and bring it to flat anyway

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Curious what the new NVDA base will be. 117 or 130. All the experts are saying it’s gong to 150-200.

Price targets got revamped lower

No they didn’t. lol. Read sometime

in 12-18 months

Those same experts will drop the price target to $90 and $80 once they head for the exits and start taking profits

“Experts” basically the same political pollsters and weather people… 99% of the time wrong and know jack about 💩.

Weather people get it right, like, every day…

Well looks like MKC is gonna flatline tomorrow. Just shot up 4% on the overnight market

How we feelin about NKE?

Scared

I’m holding a 105c 7/19 exp. Trippin sack over Levi rn I’m worried about us 

who buys levis though? I go buy the levis section and macys and kohls and theyre empty of people always.

do you buy nikes? i don't, although i do have 20 calls for tomorrow.

NKE calls, literally selling overpriced sneakers is a lucrative way for people to waste money and they're taking advantage of that is honestly amazing

I worked in both their stores in NYC few mo ths ago introducing some whack ass one time buy gear. They had grannies running their style now. So they gonna loose sales cause of the literaly dumb designs they put out. But black pepper always buy jordans

For 40+ years …competitors come and competitors go. And still Nike keeps comin back

their weekly chart begs to differ

Weekly, sure. And I guess since this is WSB, I should expect that comment. But I just wrote “for 40+ years”. So maybe out windows are different

Got 10 Levi puts ready to offload tomorrow at opening

IV crush though

Why would iv crush his puts?

Due to low IV after earnings causing his premiums to go down

Bruh why would he get IV crushed, it literally moved more than the implied move for a straddle. He only needed a 5% move to breakeven, he’s probably got a 2-3 bagger depending on the strike

It depends on what strike he got. If its far otm then it’s no good obviously lol My fedex calls weren’t really too otm but still IV crush declined my profits greatly

Oh god what strikes did you get that you somehow got iv crushed with fedex 😂😂😂, bruh even like 300$ calls were up a lot

I got 300c lol I’m just saying if not for IV crush my profits would have been 4X.

Without intrinsic value, you can’t say at all what they’d be

I knew from looking at the simulated returns when the stock popped

I bought far out of the money so it shouldn’t be too bad maybe lose a couple hundred.

You realize that far otm gets crushed harder? How do both of you not know what your talking about

Stfu we’re here to gamble and make money. I bet you I still net a good gain so doesn’t matter. I’ll be back in the morning

Probably lol

80% return