Rip PayPal

Beat eps and revenue, but initial reaction is rough

Yet Roku flies after still being broke and declining growth

Needs some more time to cook. I’ll add in low 60s

RIP brother

Pypl and SQ both beat .... both crashed lol

How does pypl and sq beat earnings solidly and both stock crashes?

Manipulation?

Thoughts?

Unpopular sector atm

Just hold these names. Will get some analyst upgrade at some point then will be among the cool kids again.

Similar to cloud - there was a moment named like ddog, net, snow were getting unfairly beaten. Magic quarter later and they are up 100% + from bottoms

Don’t mess with options with these names, but if you’re holding shares just be patient and don’t look

I got buy order in for PayPal just above the recent low at 60.4.

Especially when broader market sells these names will get hit even harder.

Remember Nvidia was in 130s and everyone scaring you out of your positions just a few quarters ago, semis were the unpopular kids now they are the jocks. How much shit were they taking about fb in 90-100s? Tech stock with a PE of 11 at one point. We got nothing but time. Naked Options can be good hedges in these volatile times and you can sell covered options against your positions to mitigate losses too

Uvxy 18p 8/25 at 1.47 - this will pay out . Some plays like this can help when your shares are ruining your day

For example red flag from bear perspective here is that dollar is not rising as expected with this market drop. Vix rise out of proportion to S&P drop and also nasdaq outperforming S&P on a day where apple shits the bed. Conflicting info and my money is today being a bear trap so I’ll short volatility in the incoming week
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Etsy thoughts ?

This post was edited by Bazi on Aug 4 2023 01:58pm

Agreed... fintech is like the hated step child the past 2 years but during 2020 pandemic they were the golden child


Havent looked too much into Etsy but their business is staying for sure. Currently at 52 wk lows so probably be a good buy

anyone short at the top on friday? that was an insane drop. i only bought a 0dte qqq put but sold for $30 profit on the first bounce up, wish i would have held all the way down



where i sold. should have waited for the 2nd confirmation candle. saw the bounce off ema and was like meh i'll take profit

This post was edited by ChocolateCoveredGummyBears on Aug 5 2023 05:39am

I snagged these ones up 7/28 , close to $14 now. I don’t mess with 0dte

Edit 14.11


I’ll hold these for a bit longer and keep this as hedge for downside. My options are weird atm cuz have this and a shorter term
Vix short

This post was edited by Bazi on Aug 5 2023 12:09pm

i learned to only do 1 0dte per day. i saw this video where this guy was scaling SPY 0dtes based on the movement of the stock and got annihilated real quick ($900 loss). his yt is physiotrader. fck that, if i'm scaling i'd rather do it with shares so i don't get gaped by premium decay

if i start to hit for singles throughout the day instead of going or a homerun, i'm always more profitable. every damn time too which is weird. def some philosophical bs at play there

This post was edited by ChocolateCoveredGummyBears on Aug 5 2023 09:33pm

Do you prefer SQ or PYPL with an unknown new CEO inc