NLS Nautilus to crush earnings today. May not matter now. 1hr left.
I had $20k on NLS beating earnings which got chopped to $10K this morning with the stay at home selloff.
Nautilus makes bow flex, Schwinn, and Nautilus workout equipment. They are picking up the slack from PTONs backlog.
I modeled quarterly revenues for the last 10 quarters based on analyzing 5 years of import container volumes. My revenue model was 93% accurate. Based on my model im projecting >$175M rev this quarter vs analyst estimates of $115M, beating analyst rev by 50%.
With the stay at home sell off today it may not matter but I’m doubling down on my calls.
$20 nov 18 calls
$25-$30 nov 18 call spread
I’ve used the drop to add Jan 15 $35 calls and $35-$40 call spreads.
Submitted November 09, 2020 at 09:12PM by Chabubu
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