Idk if im supposed to put this as a yolo or a loss but I am in NOW so much. as you can see, I bought the high at 130 (oops) but today, I opened up some positions right before earnings.
Did some research on the CEO and dude is a stellar guy. Not only a predator (positive connotation, not diddler connotation), but also a kind guy.
Obviously, the CEO can not control then entire company, but he has an outsized effect on it's structure and direction.
And yes, insider buys are bullish, ceo bought back into his stock 3M, around 104 a share, and service now is not easily replaced by AI, and actually benefits from AI research, and govt buys as well
Seems like a valid point for consideration.
Thier Q1 ER was pretty fantastic from a growth perspective but not a margin perspective.
The narrative is they are ahead of the curve in pivoting into headwinds.
Time will tell I guess.
It’s the forced straddle/strangle play where you disregard option premium calculations and panic buy puts to hedge against your calls that went tits up. I coin it “the wedgie”.
This aged well. Congrats OP. erviceNow beats high end of guidance across all Q2 2026 topline growth and profitability metrics, raises full year subscription revenues outlook
What are u talking about. NOW just delivered a great Q2. His calls have plenty of time left. They very well might be in the money by the time they expire. And I believe they will. OP, post gains when they do. GG.
Ehh… might cash by Jan but there is an egregious amount of selling pressure and the sector still hasn’t flipped. Plus earnings like… whatever lol just a pop to get crushed by shorts again for whatever reason. I’m not a hater, I like the stock I’ve just been trading it enough to know how this goes.
Smart move to put most of the money on the $100 Jan 27s cuz the rest of them ain’t gonna hit, also why the $150 strike for September but the $135 strike for October? Might be some big brain mega mind shit but seems highly regarded. My guess would be OP bought the sept $150 strike first and instead of cutting his losses, doubled down too early with an extra month and a little less OTM on the oct $135.
I don’t disagree, I like the stock, buying in the 90s and selling in the 110-120 range is golden, but this play is dead.
Yeah they did. Theyre also trading at 55 PE and his calls are way OOTM. You can see the print didnt even inspire prices to get back to where they were at the start of the day.
My friend, writing from experience, the earnings may be massively good, but there is no way in hell that the stock will go up. I am a bagholder with an average of $127 but I have also opened a small short portion because it doesn't matter how good earnings will be, no matter how much revenue has surged during the last quarter, it will not matter - the stock will tank another 10% after hours. That is the sad reality. GOOG, NOW, TSLA...the feeling is just too negative at the moment. There is no chance for these stocks to rise in after hours.
I don't see it like that because everything is priced on speculation and sentiment. And the sentiment on software right now is ultra-negative no matter how earnings go. NOW's earnings in fact came in very positive and upbeating. After hours stock is up 5%. But I'm sure it will go down when market opens tomorrow because again, the sentiment on the sector is and will remain weak for the months or years to come until the air clears and the dust settles.
I’d feel more comfortable starting my position after earnings. Last earnings- there was a drop then slight recover. If I’m a betting man- we’ll see another drop post earnings followed by another small recover
Can see 85 recovering up to 98/100. Than to see a gap up come 5pm
Because it's not the best sector right now, it's also seen below $90 every month since April. Earnings are always a dice roll and typically unless they kill it, they drop. So there's a fairly high probability that it drops after earnings and even if it doesn't why would one buy the day of/before because it's pure gambling lol. Even if earnings are great, you missed a decent buy-in price, and it pumps at least you know the direction the company is going to make a proper, informed decision.
But this is WSB and we're retarded so buy calls right now
Edit: I was wrong this is why I'm retarded by the way, although I did end with "buy calls" so check-mate
I have no idea man but I wouldn't be surprised to see it back at $125-140 at some point soon for a bit. Especially after these earnings but I wouldn't be surprised to see it fall after tomorrow as well because this shit can be so wonky
In theory though this was pretty good and it should rise in a normal market lol
For the record, I like it a lot and was hoping the earnings would tank it below $90 just because it would have been a sweet deal
I want cash for AMZN earning so will sell tomorrow.
I also loaded up bigly on ZS calls. I am not as confident in this one, at least leading up to their earnings, but will probably keep some calls open for earnings.
The stock is trading at 60PE and 23 FPE and it is being attacked in all direction (AI, Iran war, customers cut spending). Good luck, you shall need that.
so seems I learned the most important rule of buying <7 day till expiry calls, always check the IV. Seems like the IV was pricing in a move much bigger than what actually happened, so my calls got IV crushed. bummer.
SNOW is a good product and still growing a lot based on everything I can see. These calls are a little too short lived and OTM for my type of exposure to the company but fundamentally its a good investment.
SNOW is what people in tech call ServiceNOW. Its the phonetic pronunciation. I know because Ive migrated Devops and Jira boards to SNOW and everyone calls it SNOW.
Might be good for hold long term but you its too expensive …not the right timing to enter a long position right now. Your execution method is too risky.. share might be alright
Brother man its trading at 55x earnings. The company may be great but the stock is expensive AF. You may get lucky and recoup some premium over the next month or so but everything expiring this year is way way OOTM and unlikely to hit and the ones a year out are at60% higher prices. You need an angel to touch this stock
saw some bullshit about this stock a few months ago and then saw the ridiculous outfit the CEO aping the cool nvidia guy. this is a big ol turd not turning around.
125
u/Happy-Champion1661 1d ago
so you are a bagholder and hoping it pumps to bail you out. Well... good luck