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TopgOptions
Aug 23, 2022 12:52 PM

PTON Peloton Interactive Options Ahead Of Earnings Long

Peloton Interactive, Inc.NASDAQ

Description

Looking at the PTON Peloton Interactive options chain, i would buy the $12.5 strike price Calls with
2022-8-26 expiration date for about
$0.81 premium.

Looking forward to read your opinion about it.


Comments
varunsinha2006
This seems to be ageing really well .. took one contract up 190%
TopgOptions
@varunsinha2006, happy for you! you bought also SNOW?
varunsinha2006
@CryptoFundManager, PTON LONG / CRM SHORT / DELL SHORT these are the ones i went with after looking at your TP. I wantted to buy SNOW but dint want to get too many on a small account. PTON is up 190% / CRM is up 120% / DEll is up 7% for now . - Also I went and got into TSLA short today since the 4 hour looked pretty bad on EW.
varunsinha2006
I completely agree with this one .. PTON is a long even if i skip looking at the charts and the TA .. from what PTON has been reporting they have made several pain-full decisions to get back to +ve. so at least short term they are long.
TopgOptions
@varunsinha2006, the calls are trading at +$1.54 now. if you bought them, you`d have doubled your money.
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