NLS Nautilus to crush earnings today. May not matter now. 1hr left. via /r/wallstreetbets #stocks #wallstreetbets #investing

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.

Positions:

$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.