LYFT Trade on Aug 5, 2021 11:22 from Marius: Tradervue User Stock Trades.

Currently in the middle of the busiest of the corporate calendar with earnings. More in-play moves from these specific catalysts. There are bigger picture economic reports continuing to be released with key jobs metrics. Overall markets seems to be undergoing a "stealth correction" with mixed performances but not overly weighted to the upside nor downside. The breadth deteriorations have been met with relatively stronger components. Less pronounced rotational factor shifts as seen in 1H21. Overall earnings have been pointing to continued growth. A noticeable theme I saw this week was with more so company earnings trading lower initially but aggressively bought. A few of them have recovered notable ground from the prior weeks as well. There are certain areas of reporting that were highlighted this week within the health care sector as insurances factor in increasing operating costs due to rising delta variant virus cases. The bond market and yields seem to signal some concern but liquidity and interests rates with monetary policy are continuing to underpin the overall market bid.

Fundamentals In Play Analysis

Lyft reported a beat on EPS and Revenue's but more notable has achieved profitability on adjusted EBITDA. The initial expectation of profitability is 2Q's ahead. The company is showing increasing margins and has recently been seeing growth with the economic re-opening but still experiencing a shortage on drivers. The momentum was notable in the last month but there is a rising concern and uncertainty with the delta variant and effects on the business which was seen last year.

Quantitative Analysis

Intraday Fundamentals

RVOL 3.49
AVOL 6.17M
ATR 2.52
Beta -
Volatility 5.56% 4.31%
Short Float 10.59%
Shs Float 277.75M
Inst Own 85.50%
Market Cap 16.73B

Options Statistics + Tape Reading + Order Flow + Dark Pool Levels + Flow Sentiment

SI 2.34
IV 52.39%
IVP 15%
P/C 0.606
VWAP 50.77

Options Positioning

OI 1091 273
VOL (added to OI on a closing basis)
Delta .04 .01
Theta -.07 -.02
Vega .00 .00
Gamma .02 .01
Prob T 6.90% 1.65%
Prob ITM 3.39% 0.81%
MMM +/- 2.104
IV Series 67.46%

Options chain on a cumulative closing basis as analysis was done after hours and conditional executed at the open.

Earnings Statistics

Technical Analysis

HTF breakdown momentum + elevated RVOL on ASK. IV rangebound. Flushed into a HTF area of support/demand area.

Below AVWAP's and VPOC but flushed into another VPOC and 50 HTF support. This later found support and position was partially scaled out.

Trade Risk (risk:premium) + Position + Size + Allocation Management & Review

R/R 1/3 w/ ~10% allocation. (A+) setup but change in character in-play day 2. Notable BID support and buying day 2 which had me scale half of the position out. (B/C) execution as I may have had the opportunity to hold the whole position and possibly re-added. Executed on a risk adverse conservative basis as there were other opportunities in in-play to focus mental + monetary capital on.