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$RBLX 20240510 33.5 PUT$ ,👾 RBLX caught my eye recently. Investors are keenly awaiting Roblox's upcoming earnings report due on May 9, 2024. Revenue is projected to reach $931.05 million, marking a 20.32% increase from the same quarter last year. For the full year, earnings are forecasted at -$2.09 per share with revenues predicted to hit $4.23 billion, reflecting a growth of 20.12% year-over-year. Roblox also has a consensus price target of $39.81, but recent ratings from Benchmark, JP Morgan, and Stifel suggest a higher target of $50.33, implying a potential upside of 41.74%. Furthermore, with the strong Gamma Exposure (GEX) at 34-35 levels, indicating moderate zone of support, I'm optimistic about Roblox’s near-term prospects. Betting with a cash-secured put position! Rock on 🤘
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Thanks for sharing 😁