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C3 AI

Posted on 9/11/23 at 11:31 am
Posted by TigerHornII
Member since Feb 2021
1155 posts
Posted on 9/11/23 at 11:31 am
Ticker symbol AI. Gapped down today on earnings, but looking at the options activity, it appears a lot of people expect it to bounce back up. Seems like a decent play for a buy-write ($30 call). What's the MT board consensus?
Posted by rocksteady
Member since Sep 2013
2361 posts
Posted on 9/11/23 at 6:40 pm to
I made like 20k on this thing several months back based off a friend telling me they had earnings coming up and “AI” and I just tossed money in $40 calls blind.

I read a couple articles and just remember being pretty satisfied with not wanting to own it in any capacity long term. If I remember correctly it was along the lines of being way more AI in name than practice and not doing anything competitors don’t already do better.

That said, certainly doesn’t mean it isn’t a good options bounce play. You’re welcome for making your decision more difficult :D
Posted by Pendulum
Member since Jan 2009
7929 posts
Posted on 9/11/23 at 9:17 pm to
What does the company do
Posted by FLObserver
Jacksonville
Member since Nov 2005
15844 posts
Posted on 9/13/23 at 4:08 am to
This is one of those company's that got lucky with their name. Reminds me when Zoom(ZM) took off back wth covid in 2020 and another small company had the symbol (ZOOM). That stock price took off because people bought ZOOM stock thinking they were getting ZM. To be honest had this company not had AI in their name they would still be at 10 a share. No one really knows what they do but it looks like they do what about 100 other company do just have AI in their name so be careful on this one.
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 9/13/23 at 7:49 am to
For every dog with fleas that I got assigned on short puts during that weird pandemic period, I’m blaming all those on Covid fog. Clearly I wasn’t in my right mind (even though I didn’t have Covid ).
Posted by SlidellCajun
Slidell la
Member since May 2019
16049 posts
Posted on 9/13/23 at 7:11 pm to
As a trade, I Did very well on it months ago in the run up to 40+
Bot at 23 and sold half at 37.

Still waiting for another burst but losing hope

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