ETSY I am back in puts again from yesterday morning. Aug 19 $55P. I was late to the computer and didn’t get the entry I was hoping to at the opening spike to $66 but managed to get a decent entry around $64.50. Today’s downward move gives me a bit of cushion going into earnings on Tuesday. Being transparent… I’m not sure what earnings will look like or the reaction. I am not expecting a surprise beat but this whole market is in buying mode it seems. Looking at $60, then $57. ETSY is one of those companies that is going to jump 20% if they suddenly get their sh*t together on operating costs but when that will happen is a mystery imo
ETSY I bought some 60P. Be careful though, Esty has a way of hanging up higher for longer than it should. Ive been burned a few times by getting the timing off a week early or so
ETSY With the new Exec in the seat at ETSY, Trump in office, and a major depression in share price stabilizing, i think we will have found our support base. I am bullish long term, but it will be a really volatile ride. This pop to $57 gives me a good short opportunity near term to retest $55 and possible $53 depending on overall market conditions. 2025 i am looking for an upside target price of $63.