If I think PTON will be 33.00 in the next 3-4 weeks, whats the best option
to buy?
to buy?
Options experts: What PTON call to buy?
- Thread starter VEGASDESERT
- Start date
Matt_ORATS
Sponsor
If you were to buy just one option and your outlook was bullish by 37.5% you can plug that into the scanner and get the following:
The way our process works is we adjust the distribution from an expected value of the current stock price to the expected value of 1+bullish 37.5. This shifts the distribution to the right until we calculate $33 by multiplying the node probability times the node price. Then we calculate the terminal values the options payoffs at each node. For example, the 5/6/2022 $30 for $0.86 has a terminal distribution value (D) of $495 or an expected return of 475.6%.
Depending on the certainty of your outlook, this may or may not be the right approach for you. You can mouse over the $33 part of the distribution to fine tune the returns.
The way our process works is we adjust the distribution from an expected value of the current stock price to the expected value of 1+bullish 37.5. This shifts the distribution to the right until we calculate $33 by multiplying the node probability times the node price. Then we calculate the terminal values the options payoffs at each node. For example, the 5/6/2022 $30 for $0.86 has a terminal distribution value (D) of $495 or an expected return of 475.6%.
Depending on the certainty of your outlook, this may or may not be the right approach for you. You can mouse over the $33 part of the distribution to fine tune the returns.
the best option is to
- use a simple straight ruler to help you determine the trend
- lookout for higher lows before you long a stock
- do nothing
those who shorted it a few months ago are laughing all the way to the bank.
where were you a few months ago?
It seems like you missed a very very big opportunity to short PTON a few months ago.
Instead of dreaming about pton going to 33, you need to reflect why you failed miserably to short PTON a few months ago.
alternatively, use a nuclear-powered crystal ball to help you predict the future.
anyway, happy catching the falling knife to you.
and if you are serious about earning $$$ from trading, trade with the trend.
and be early. DON'T BE LATE !
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Ditto.
Reminds me of the recent call by a big bank trading department... "Commodities may soar 40%". Yeah... after they have already risen nearly 300%!
If that's all the better of your TA, maybe you should just close up shop and go fishing!
i wouldn't necessarily call it bullish, just entering a range and we're near the bottom of that
range with the top around 35-36ish.
i would buy the stock outright but why tie up so much capital.
and my "proprietary"
high probability technical set up is whats telling me about a monthto reach that higher end of range.
as always, i could be wrong.
we'll revisit in a month. lol
or sooner!
I am Not interested to wait for a month.
But one thing to remember :
work very very hard before you can bring home the bacon.