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Spotify Technology SA (Extended Hours)

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SPOT trade ideas

Spotify - On The Trade RadarOne of the stocks we have been looking to Sell Puts on is Spotify. There are several reasons to like the stock with it being one of the potential growth stocks over the next couple years. Like Netflix, Spotify has the potential to really make waves in the music industry and it is one of the stocks I want to own for the longer term in my aggressive growth portfolio. However I do not like to overpay, and if I am going to buy, I want to get paid to buy. This is where we use our aggressive options strategy. Not a short term get rich or make 20% a week, or $3500 a day BS strategy, but a longer term strategy that looks at base hits and uses the premiums collected to buy the stock outright. We are looking at Selling Puts in the 130's with the intent of having the stock assigned. The premiums are nice and juicy on this one, and Spotify is simply the flavor of the week!
NYSE:SPOTLong
by goldbug1
1
Uncertainty brings best opportunitiesAs it always happens. It has been a rough time since IPO for the renowned music streaming service. It’s hard to estimate the “true” value for a company like that. While everyone was ecstatic when it only become listed. The biggest and only one music service on the market. Now what we see is when people realize that it also should bring profit. And now what we see is the opposite of that euphoria. People are just not certain how to evaluate. It was long introductory to my thought that it’s the best opportunity to find dysbalance. As uncertain as profits for them were they are growing strong. Consequently growing revenues and in the last quarter they managed to get net profits. Don’t let twitter feed to mislead you. Strong buy (but risky)
NYSE:SPOTLong
by den.litvinn
$SPOT Finding A Bottom?$SPOT has dropped almost 35% in a matter of weeks (along with everyone else). They have broken all-time-lows first seen during the first days, but have since recovered to the previous ATL @135. It's basically fallen in a nice downward channel, I'd watch this to hold support and consider entering long for the midterm when it breaks out of the channel. RSI and STOCHs are rebounding, which is positive for a change in price direction. There's a lot of uncertainty regarding renewing current deals at previous prices, but this looks to be wayyy oversold.
NYSE:SPOTLong
by Swingman39
$SPOT notes ahead of earningsMorgan Stanley: The bullish case for Spotify's stock is partly based on the large global market for streaming music, which continues to grow, Swinburne said in a Wednesday note. (See his track record here.) Seventy-five percent of consumers ages 16-64 in 18 global markets listen to music on their phones and 57 percent pay for a streaming music platform, according to third-party data gathered by IFPI, the analyst said. More than 90 percent of consumers in markets like Mexico, Brazil and India listen to music, and these are all untapped markets for Spotify after recent global expansions in countries like Israel, Swinburne said. Spotify does have multiple challenges to overcome in entering new markets, including securing local rights in emerging markets, the analyst said. Yet emerging markets also rely less on "Big Three" label content, which offers a better long-term profit profile, he said. Aside from a geographical expansion to lift total subscribers, the bullish case for Spotify can also be justified by expectations for margin expansion, according to Morgan Stanley. The company has multiple drivers to lift gross margins in the coming years, including successful contract renewals with major labels and innovation in its free and paid product offerings, Swinburne said. Morgan Stanley's $225 price target is based on a 4-4.5 times forward revenue multiple and 15.5 forward gross profit. Both multiples represent a discount compared to Netflix, Inc. (NASDAQ: NFLX), according to the sell-side firm.
NYSE:SPOT
by ParCorn