6 $28 strike PTON calls expiring friday. Premiums crazy cheap, i think it goes up regardless of what we see. If cases surge its more incentive for home fitness, if not, could lift with the market

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Posting as :
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If i was in a position to toss around 18k to buy the underlying shares out of boredom, I’d be retired

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Keeping my trades short, prefer jot to hold overnight right now, everything is all over the place

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28.5 strike **

do i have to buy the 100 shares come friday

Nooo you sell before expiry

ah right just sell the contract

Nice find. I see you posted after the close. Did you pick up some calls before the close?

Posted a while before, I did but we’ll see how it goes

I hit like 40% at one point but didnt quite hit my sell limit so I’m still holding

My firms been looking at a few Peloton for strength training type businesses. Very tough businesses with heavy cost structures and lot of competition b/c of peletons. Selling machines for like 3-4K + subscription. Not sure whose gonna buy those for that much. Just do some push ups - this will get hit hard after earnings expect 15-20% drop

This isnt an earnings play, its an options play with a 2 day window lol, more if a market momentum play and getting in while people are seeking safe places to shift money too pre pandemic

Just closed these out at a ~50% loss :( luckily everything else is going extremely well still

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