don't know which way

quixi
2021-07-29

Hello again, fellow PINS-Heads. With 2 more days to go before its big earning announcement on July 29 after the market closes, I just checked the premiums for both put and call options at the strike price of 74 expiring on July 30. Normally with only a couple of days to, these options are worth just pennies. But these two options are worth over 4 dollars. That tells me that investors are expecting a big upside or a big downside swing after the earning announcement. We just don't know which way (unless you are an insider). Good luck to all. $Pinterest, Inc.(PINS)$

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Comments

  • Lenaz
    2021-07-30
    Lenaz
    We'll see :)
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