Thoughts on fastly after the big drop? Worth buying?

like
Posting as :
works at
You are currently posting as works at

It hasn't traded much below $73 since mid June - strong support around there. It bounced today above 73. If it breaks, could make a move into mid 60s

like

Cloudfare is the better long term buy imo

Might sell some puts on fsly to get a lower entry

Waiting for $70

Long rem though - this should go over $100, no?

Selling weekly ATM puts seems like a solid plan with strong support at this price poibt, 4% return per week. Worst case scenario is a bad drop that lands you FSLY shares you overpaid $8 for. You can wheel calls in 3 weeks and close the gap. Definitely a strategy I can get behind.

Related Posts

Anyone have thoughts on Akin Gump in Houston? Weighing lateral options as a mid-level.

like

In house interview- I am going to hopefully the final round of interview to meet the whole legal team. I was asked about my availability, and it will take 5 hours if in one day. Should I split to multiple days? Will it cause any issues? Anyone on both sides can speak from their experience? Thanks!

like

Going to Montreal for a bachelor party in early summer. Where is a good spot in the city for an Airbnb? Want something that won't require ubering everywhere. Will be visiting bar scene and whatnot

like

Does Caterpillar RMZ provide transportation facility to it's employee? At least for women employee logging out after 9PM?

What are the best consulting firms for pricing (consumer goods focused)?

like

hey, I joined Deloitte in June 2020 as an GPS SA analyst, I just staffed on internal project only providing me adjusted utilization. Now my standard util is 40 and my adjusted is 105... and this project last in another month... by then my standard util might be 20.. will my promotion be affected by this? My target promotion year on TOD is 2022. My manager said we might sell to client and extend this project in September but nothing guaranteed.

like

Will status for current year still be valid till February of next year in the new combined program?

If anyone sees their missing nights appear, please post here so the rest of us know to start checking for them to appear. TIA.

like

For those who became platinum premier elite + ambassador with the merge, have you received your ambassador already? How long does it take?

It is WILD that we had a whole separate bowl for this.

Should I leave my current agency job for a promising start up, or stay?

like

📊 Poll: Does this job make you more social or less social? I.e can you spend an entire week/month on your own?

like

How many of y'all have trust funds? What'd you do with the $$$?

like

Does anyone have a SaaS model template with implementation and subscription fees? Monthly would be appreciated

like

How does First Advantage verify current military service during the BI? Curious if they have access to medical records or full personnel file

like

BREAKING: Kevin Hart To Appear In Just 17 Super Bowl Spots This Year

likefunny

Does EY let you keep Amex rewards points?

like

This is a post to reach out to Indian professionals working in US. How do you feel about investments in India vs Investments in the United States, all inclusive - real estates and stocks ETFs
TIA

like

Can I survive on £26,300/yr in Belfast?

Additional Posts in Option Traders & Investing

Put option on Amyris?

like

Long time in the making; but we finally sold off from our 50% HWB short. We had two tests at the 3400 level, getting as high as 3420 today before the sell off. Momentum and pessimism over lack of stimulus could take us to the 3107 target quickly, nearly a 10 percent decline over the next month. Stay short my friends. It's going to get bumpy.

Post Photo
like

Kicking myself today for not pulling the trigger on the 10 (5/15) ZM put contracts I had typed in on Friday...have spent most of the day frustrated about it, wondering what would have been.

like

Thoughts on $XPEV?

like

How do you renegotiate your commission rate on TD Ameritrade and it’s platform ThinkOrSwim? Is this requested online or do you have to call in? Does it have a decent success rate? Im at the original .65.

like

To all my little cupcakes with sprinkles, I bestow this gift. Now, go play. Good luck, and may the odds be ever in your favor. -oxo

Post Photo
likehelpful

See you guys on the floor when markets open

Post Photo
likefunny

Thoughts on SQ considering the CEO cashed in?

like

SNAP - 5/22 $18p, b/e $16.86

like

Thoughts on XLE as a reopening trade? Or stick to clean energy plays instead

like

Any plays on FL (Footlocker) ahead of their earnings report tomorrow?

like

What’s the expected impact of the PLTR downgrade by MorganStanley? I want to get in right around $23 but may grab some before it possibly gets there for a long position.

like

Has anyone ever been locked out of trading on RH? Was wondering if anyone has been restricted/how long it took to get it resolved.

Post Photo
like

Does enjoying investing your own personal capital translate to enjoying working in investment management?

likesmart

How are we feeling right now? 😫

like

Is there any good reason LMND went up $33 in one day?

like

Anyone here playing $BGG?

like

Highly Technical Market Sell-Off - Though, it has picked up over lunch and I suspect that short term turn is in near. Old floortrader told me once, never trust a market that is making new session highs or lows during lunch. That's not normal. This might not be a normal day; but we do need to rebound to get another opportunity into the short trend. So, count on it. The last draw is more suspect as it hasn't been proven to exist yet. So, we will see how we look when we trade 9855.75 on NQ.

Post Photo
likehelpful

How do real estate lenders take cash flow into consideration? For example, typically I would probably only be approved for a $500k loan ($125k comp and $100k for down payment), but if I’m buying a multi-family home and planning to live in a unit and rent the others, will lenders approve a bigger loan?

like

Feeling a large wash out on TSLA is coming. Up on the week on leaked Musk email relating to deliveries. That number came in today at a beat. Bought todays puts when stock at 1208. Looking for 1150. Profit taking is coming. Don’t follow as risk is high.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal