{"id":40574,"date":"2019-06-07T10:45:10","date_gmt":"2019-06-07T15:45:10","guid":{"rendered":"https:\/\/www.t3live.com\/blog\/?p=40574"},"modified":"2019-06-07T10:45:10","modified_gmt":"2019-06-07T15:45:10","slug":"scott-redler-beyond-meat-delivers","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2019\/06\/07\/scott-redler-beyond-meat-delivers\/","title":{"rendered":"Scott Redler: Beyond Meat Delivers Big Time"},"content":{"rendered":"

Yesterday, I took Beyond Meat <\/strong>(BYND) call options into its earnings report.<\/p>\n

Now I'm going to show you how the trade worked out, plus a quick trick for judging a stock's initial earnings reaction.<\/p>\n

Here's the Tweet I sent to Redler All-Access readers:<\/p>\n

\"\"<\/span><\/p>\n

As I noted, these trades are pure spec. <\/p>\n

When they work out, they're amazing. And when they fail, you lose 100% — which has happened to me in the past.<\/p>\n

So I'm always extra careful with them.<\/p>\n

Still, I liked the setup enough to speculate. And it worked out nicely with BYND gapping up over 25% at the open.<\/p>\n

Here's a chart of the call options:<\/p>\n

\"\"<\/span><\/p>\n

The calls opened at $27.30 and hit a high of $29.50 before coming down to $20 in the first minute.<\/p>\n

I was out of all my calls by 9:41 a.m. ET.<\/p>\n

But what if you didn't get in ahead of the print?<\/p>\n

What could you have done?<\/p>\n

Well, after a company reports earnings, I always look to see if a prior momentum high gets taken out. If it does, the stock often extends.<\/p>\n

In this case, it was the $108.67 high. You can see how the stock sliced right through it after hours yesterday:<\/p>\n

\"\"<\/span><\/p>\n

Again, this was a high-risk trade — but sometimes, the reward is worth it.<\/p>\n

Positions Disclosure: As of 6\/7\/2019 at 11:02 a.m. ET, Scott J. Redler was long UBER, AMD, GOOGL calls; is short SPY<\/p>\n","protected":false},"excerpt":{"rendered":"

Yesterday, I took Beyond Meat (BYND) call options into its earnings report. Now I’m going to show you how the trade worked out, plus a quick trick for judging a stock’s initial earnings reaction. Here’s the Tweet I sent to Redler All-Access readers: As I noted, these trades are pure spec. When they work out, they’re amazing. And when they fail, you lose 100% — which has happened to me in the past. So I’m always extra careful with them. Still, I liked the setup enough to speculate. And it worked out nicely with BYND gapping up over 25% at the open. Here’s a chart of the call options: The calls opened at $27.30 and hit a high of $29.50 before coming down to $20 in the first minute. I was out of all my calls by 9:41 a.m. ET. But what if you didn’t get in ahead of the print? What could you have done? Well, after a company reports earnings, I always look to see if a prior momentum high gets taken out. If it does, the stock often extends. In this case, it was the $108.67 high. You can see how the stock sliced right through it after hours yesterday: Again, this was a high-risk trade — but sometimes, the reward is worth it. Positions Disclosure: As of 6\/7\/2019 at 11:02 a.m. ET, Scott J. Redler was long UBER, AMD, GOOGL calls; is short SPY<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76],"tags":[],"class_list":["post-40574","post","type-post","status-publish","format-standard","hentry","category-scott-redler"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/40574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=40574"}],"version-history":[{"count":7,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/40574\/revisions"}],"predecessor-version":[{"id":40585,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/40574\/revisions\/40585"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=40574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=40574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=40574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}