PTON Trade on Aug 31, 2021 15:46 from Marius: Tradervue User Stock Trades.

This week followed with continued bullish sentiment from the end of last week. This week opened into a new month of trading and into labor day weekend. Historically a lower volume week with traders off and returning after Labor Day. Opportunities still came up in the markets and with notable jobs data that came in lower than expected. The FED is keeping these data as important insights to the eventual tapering timeline. This currently is being priced in as bullish with the current under target reporting and bids in the market.

Fundamentals In Play Analysis

Peloton missed notably at (1.05) vs (0.32). The DHS and DHS also has subpoenaed the company for documents related to the Tread+ injuries. The tailwinds from the prior year are also fading seen in the deceleration on paid subscriptions and average monthly workouts. They also lowered unit costs with a higher costs of delivery and operating. They expect to return to profitability in FY23.

Quantitative Analysis

Intraday Fundamentals

RVOL 1.41
AVOL 6.90M
ATR 5.23
Beta -
Volatility 4.90% 4.09%
Short Float 8.51%
Shs Float 263.14M
Inst Own 81.80%
Market Cap 32.68B

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

SI 0.603
IV 56.14%
IVP 6%
P/C 0.79
VWAP 101.246

Options Positioning

OI 1960 878
VOL 835 221
Delta .03 .01
Theta -.05 -.02
Vega .01 .00
Gamma .01 .00
Prob T 4.55% 1.16%
Prob ITM 2.25% 0.57%
MMM +/- 5.03
IV Series 62.22%

Earnings Statistics

Technical Analysis

Trade Setup/Execution Grade + Risk (risk:premium) + Positioning + Size/Allocation Management & Review

(B/A) setup / (A/B) execution. 1/2RP, conservative positioning, ~8% allocation. Still building conservatively onto the day 1 expansion plays. 100 was a notable inflection point and level watching on the tape. Strong sellers were present here.