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Samsara Inc.Samsara Inc.Samsara Inc.

Samsara Inc.

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IOT Bullish Hedged Options StrategySF-based Samsara provides a platform connecting IoT devices to its Cloud, for operations such as tracking fleets of vehicles and other equipment. (Its ticker, IOT, alludes to the "Internet of Things" -- connecting a network of objects with sensors, processing ability, software, and other technologies that exchange data over the internet or another communications network.) Samsara's Connected Operations Cloud also takes data from its IoT devices and enriches them with AI capability, analytics, alerts and data security/privacy. It also has advanced applications for video-based safety, vehicle telematics, apps and driver workflows, equipment monitoring, and site visibility. Customers include companies from a wide range of industries, including transportation, logistics, construction, utilities, energy, government, healthcare, education, manufacturing, food and beverage, supply chains in general. Major indices $SPX $SPY $QQQ continue to rise today, with midterm elections settling down (historically a boon for stocks) and hopeful inflation data. With a positive outlook and the holiday season approaching, perhaps IoT and supply chain logistics would be a good investment. The most recent wicks also show investors trying to drive the price up, especially on smaller timeframes such as 2-4 hours, bumping it up to the EMA. This strategy can make up to 20% (30% annualized) while protecting from a fall of up to 27% as of 7/21/2023. Sell 1 $7.50 put (exp 7/21/23) Sell 1 $10.00 put (exp 7/21/23) Capital Required: $1492 Win Probability: HIGH
NYSE:IOTLong
by oliveinvest
IOT - possible bounce into uptrend Downtrend since IPO high of 31$. Already bounced off ATL 3 times, ie: strong support there. If this current test bounces again, a quad bottom will have formed. Might enter a new uptrend. Watch next day candle for confirmation. To be updated. finance.yahoo.com " IonQ’s New Barium Systems Demonstrate Industry-Leading Qubit Readout Performance Thu, March 3, 2022, 9:00 PM Barium systems, announced last December, already demonstrating superior fidelity State detection fidelity data outperforms all other commercial systems and is expected to contribute to higher algorithmic qubits (#AQ) on upcoming barium systems COLLEGE PARK, Md., March 03, 2022--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in quantum computing, today published results from its new barium-based quantum computer showing its superior state detection fidelity. The results reflect a 13x reduction in state preparation and measurement (SPAM) errors, a metric core to producing accurate and reliable quantum computers. On a per-qubit basis, IonQ has reduced these errors from 50 errors per 10,000 computations down to only 4 errors per 10,000 computations. In other words, IonQ’s barium qubits have brought the company from a 99.5% state detection fidelity up to an industry-leading 99.96%..."
NYSE:IOT
by MightyHotdog
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