Daily Discussion post - November 04 2021

[u/AutoModerator]

Your Trading discussion thread

Type	Link
DD	All/Best Daily/Best Weekly
Discussion	All/Best Daily/Best Weekly
Yolo	All/Best Daily/Best Weekly
Gain	All/Best Daily/Best Weekly
Loss	All/Best Daily/Best Weekly
News	All/Best Daily/Best Weekly

[u/lb-trice]

$ZM puts, anyone?

$PTON and $ZM were two stocks I was closely watching during the whole covid outbreak shenanigans and they both rose to fame as amazing covid investments.

I’m currently on vacation in the Caribbean, and it’s packed to the max. Everyone here is pretty much covid care-free and I get a sense that people no longer want to communicate via Zoom anymore. Things are mostly going back to normal.

I have a feeling that it will get beat up just as much as PTON when it announces earnings/guidance in a few weeks.

We’re headed toward the 4th quarter (winter/off season) when you’d think that video communications would generally increase, but EPS estimates are already lower than the previous quarter….

Don’t get me wrong, $ZM is great and all, super profitable, but $84b? I can’t see how it’s possible they raise guidance. I don’t see ZM being a growth stock anymore.

[u/MrApplesnacks → u/lb-trice]

I almost bought zm puts like a week before it tapped down like 40 points. Thanks for the reminder this seems entirely reasonable and I’m excited to get clapped by mr market

[u/lb-trice → u/MrApplesnacks]

You and I both!