Order placed on strangle options for market open. Fidelity caps at 200 options per order, otherwise i'd go bigger.
Same analyst that called the FISERV sell/crash recently – at the end of the interview on bloomberg, he said his favorite stock is TOST.
Either he's a genius and lightning strikes twice, or at a 90PE for a restaurant POS play, he's super wrong. I'm betting either is possible. But, usually the stock goes dump after earnings.
At $20, it's still a PE of 50. I assume the PUT is the one that prints. Any profits go to buying that analyst some water and ChapStick.
Earnings is Tuesday Nov 4