you guys are actually regarded, software is down 30–40% YTD and NOW you decide “yeah this is where i sell” because twitter and CNBC boomers told you AI is killing SaaS
let me remind you that these companies will make a monster come back by EOY. most of these companies report in \~4–6 weeks, already had a FULL quarter to reset expectations, guidance and expectations are already nuked and sentiment = everyone bearish at the same time
**all the CEOs and management are about to...**
\- sandbag last quarter
\- cut costs
\- reset expectations
next call:
“AI is actually driving efficiency”
“pipelines improving”
“enterprise stabilizing”
all the clown analysts will upgrade the stock AFTER the move as always
**MY POSITIONS**
**APP (AppLovin)**
* 100 shares @ 401
* sold 430 CC (5/8 earnings week)
* bought 430 call (4/17) as a run-up play
i’m positioning for a slow grind-up, IV expansion, and 15% moves up
**NOW (ServiceNow)**
* 100 shares @ 93
* sold 80 put
if it dumps → i buy more
if it rips → i keep premium
this is called having a theta brain
TLDR:
stop dumping software and help my heavy bags going into earnings season
https://preview.redd.it/smogg3jrhgug1.jpg?width=1290&format=pjpg&auto=webp&s=d2e4e8e966f512a068de2b9e4d603e33f0fcc9fd
https://preview.redd.it/8u8093jrhgug1.jpg?width=1290&format=pjpg&auto=webp&s=0cd2e6577b78232a8f5682d4c9cf6e3808647350
https://preview.redd.it/ne68m3jrhgug1.jpg?width=1290&format=pjpg&auto=webp&s=e22c1087d1cd2020b00bc05bd9bb5148dc31c902
https://preview.redd.it/w537x2jrhgug1.jpg?width=1290&format=pjpg&auto=webp&s=088b1f3996c3fc14f7d78da70979b5c6f1390b2e