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re: stock tip...FSLY

Posted on 12/8/20 at 10:35 am to
Posted by DawgCountry
Great State of GA
Member since Sep 2012
32669 posts
Posted on 12/8/20 at 10:35 am to
One hunnid!
Posted by cgrand
HAMMOND
Member since Oct 2009
47108 posts
Posted on 12/8/20 at 12:21 pm to
frost & sullivan analyst
quote:

Cisco is not buying Fastly and yet $FSLY stock is up over $12 today based on "vague rumors" linking the two companies, as reported by "Street Insider", with no source. Someone is manipulating the stock to their advantage.

i agree something screwy is going on here
Posted by cgrand
HAMMOND
Member since Oct 2009
47108 posts
Posted on 12/8/20 at 12:27 pm to
quote:

Unusual Option Flow: $FSLY 115 Strike, 650 Calls Bought on Ask-Side for 12/18 Expiry (Bid: 1.95, Ask: 2.20)
Posted by cmlsu
Baton Rouge, LA
Member since Aug 2011
666 posts
Posted on 12/8/20 at 12:28 pm to
Could it be related to US judges blocking Commerce Department restrictions on Tik Tok?
Posted by cgrand
HAMMOND
Member since Oct 2009
47108 posts
Posted on 12/8/20 at 12:32 pm to
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 12/8/20 at 12:33 pm to
that's what i thought
Posted by cgrand
HAMMOND
Member since Oct 2009
47108 posts
Posted on 12/8/20 at 12:34 pm to
Posted by deaconjones35
Thibodaux
Member since Sep 2009
9890 posts
Posted on 12/8/20 at 12:40 pm to
Time to sell!!!!!
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 12/8/20 at 1:05 pm to
What does this mean?
Posted by thejudge
Westlake, LA
Member since Sep 2009
15122 posts
Posted on 12/8/20 at 1:05 pm to
quote:

Unusual Option Flow: $FSLY 115 Strike, 650 Calls Bought on Ask-Side for 12/18 Expiry (Bid: 1.95, Ask: 2.20)


So what does this mean grand. I've done a lot of reading and have come up short.

Does this person buying calls expecting it to get to $115?
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26725 posts
Posted on 12/8/20 at 1:10 pm to
I think they meant Cisco, not Costco
Posted by FlyFisherman
Member since Dec 2020
40 posts
Posted on 12/8/20 at 1:16 pm to
quote:

Does this person buying calls expecting it to get to $115?


It’s a bullish position, yes.
Posted by thatguy777
br
Member since Feb 2007
2506 posts
Posted on 12/8/20 at 1:20 pm to
breakeven is 117.20 for this play. It's a 143,000 play so not that significant, although for this stock it could be, and the person could flip those calls later today or tomorrow. you'd need to continue to monitor the open interest on that

basically its a short term speculative play
This post was edited on 12/8/20 at 1:21 pm
Posted by cgrand
HAMMOND
Member since Oct 2009
47108 posts
Posted on 12/8/20 at 2:36 pm to
stubbornly holding around 99...since 11 o'clock this morning
Posted by AA7
Birmingham, AL
Member since Nov 2009
28447 posts
Posted on 12/8/20 at 2:49 pm to
quote:

stubbornly holding around 99...since 11 o'clock this morning

Hoping it’s established more of a base. Encouraged it didn’t drop again.
Posted by cgrand
HAMMOND
Member since Oct 2009
47108 posts
Posted on 12/8/20 at 2:56 pm to
yes, particularly if the rise is rumor based.
92- 93 was pretty major resistance
Posted by TheChosenOne
Member since Dec 2005
18857 posts
Posted on 12/8/20 at 3:43 pm to
Costco

Can't wait for the buyout and Fastly to be renamed Kirkland CDN.
Posted by cgrand
HAMMOND
Member since Oct 2009
47108 posts
Posted on 12/8/20 at 4:11 pm to
if the rise is organic next resistance at 121
Posted by Nephropidae
Brentwood
Member since Nov 2018
2749 posts
Posted on 12/8/20 at 8:25 pm to
I have a group of trader friends much smarter than me saying this thing is about to go buck wild up and is a 5 year big winner... I’m in and cautious but let’s go!
Posted by leoj
Member since Nov 2010
3107 posts
Posted on 12/10/20 at 11:37 am to
Yep. Get into that gap on some good volume would be a nice tuning to see. I think it happens
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