Hi guys, I’ve been wanting to dabble with options. I had a full plan to buy puts before Carvana’s last earnings. But, since the stock dipped before earnings, I got cold feet. It would have played out well. Now I’m considering buying calls for ultabeauty. My thought process is that since economic data is being hidden, it shows that we are most likely in a recession. Beauty stocks doing well are a recession indicator. Therefore it seems like a good play. With a P/E ratio of 20 it seems like it has some room to grow. Especially if they beat their earnings expectations.

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Imagine panic selling 66% YoY revenue increase with 25 forward P/E

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Meta is still a major cash cow and trading at a 28 P/E looks pretty attractive at these levels.

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Not before resetting P/E ratios to historical norms.

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E) all in spy puts

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Yeah P/E is high, margins are a risk, it is true. But revenue is compounding, moat is real, and hospitals can’t switch. 2x upside isn’t a moonshot, it’s solid risk/reward if they execute

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They have a really high P/E and F P/E for a non-tech company with a lot of margin threats as you pointed out. I'm not seeing what you think the potential upside is here? 2x at most?

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I'm a fundamental trader, focus on p/e forward earnings, measurable results. I'm just here to try to better understand the more emotional side of things. I'm terms of my bets there's things I saw well in advance like amd and tsmc but didn't go big enough on but subsequently the p/e on Intel was investable for the last 5 years up until it suddenly wasn't. Until I understand the numbers behind Intel destroying itself I'ma stay small time.

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The craziest thing about this GOOGL 100%+ run is that it is still not really overvalued at all. Forward P/E not that different than the S&P500 average

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https://preview.redd.it/dp1sw55m394g1.jpeg?width=1170&format=pjpg&auto=webp&s=17ced9bee94fac8fa6842037c4514757c8292ab0 e: downvoted for quoting the article the commenter didn’t bother reading 🤣 folks so salty gotdam

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