Options360

DPZ earnings 10/13 @ 7:30am

Long
Options360 Updated   
NYSE:DPZ   Domino's Pizza Inc
DPZ Q3 2022 earnings are on 10/13 at 7:30am. Domino's Pizza (DPZ) reported Q2 June 2022 earnings of $2.82 per share on revenue of $1.1 billion. The consensus earnings estimate was $2.88 per share on revenue of $1.1 billion. Revenue grew 3.2% on a year-over-year basis.

Q3 September 2022 Consensus:
EPS = $2.96
Revenue = $1.07B

52wk high = 567.57
52wk low = 300.63

SMA50 = 370.09
SMA100 = 374.74
SMA150 = 377.52
SMA200 = 401.04

R3 = 385.87
R2 = 369.09
R1 = 352.31
pivot = 335.54
S1 = 318.76
S2 = 301.98
S3 = 285.21


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Trade active:
DPZ 10/14 expiry otm call
Trade active:
Add 10/14 otm call
Comment:
DPZ sell call
Comment:
Too soon for a DPZ 3/17 expiry $325 call idea? DPZ $300 is a major technical support to watch next week then.
Comment:
DPZ lowest P/E level since 2013 is definitely a long entry on my radar to watch the next few weeks.
Comment:
DPZ options data is bearish for next week, but bullish for 3/17 expiry. So it may take 1 - 3 weeks for a bullish reversal:

3/03 expiry options data:
Put Volume Total 229
Call Volume Total 166
Put/Call Volume Ratio 1.38
Put Open Interest Total 3,596
Call Open Interest Total 1,295
Put/Call Open Interest Ratio 2.78

3/17 expiry options data:
Put Volume Total 162
Call Volume Total 259
Put/Call Volume Ratio 0.63
Put Open Interest Total 6,432
Call Open Interest Total 10,183
Put/Call Open Interest Ratio 0.63

4/21 expiry options data:
Put Volume Total 8
Call Volume Total 46
Put/Call Volume Ratio 0.17
Put Open Interest Total 699
Call Open Interest Total 600
Put/Call Open Interest Ratio 1.17
Comment:
Low risk : High reward ratio idea to start a long and adjust the strike and/or expiry once per week only.
(1) call spread only today:
3/17 expiry sell $230 call
3/17 expiry buy $225 call
Comment:
(10) DPZ call spread idea:
4/20 expiry sell $330 call
4/20 expiry buy $320 call
Comment:
DPZ put / call flip idea:
(7) 3/17 expiry buy $320 call
(1) 3/17 expiry sell $290 put
Comment:
Half joking, but Silicon Valley Bank fears won't affect Pizza, beer or cigarettes whatsoever. Go long:
DPZ
SAM
MO​

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