Trade
FIVN
Five9
Plan
- Cut
- Daily close below $29.50.
- Take profit
- 38–42 into Nov 5. Two at 38.
- 3× Jan $42.50C @ $2.90, $870. Spot ~32.75. 20-day 30.65, 50-day 25.84.
- Cut: close below $29.50. Nov 5 print.
- 38–42. Two on a 38 push, one if 42.
The take
Rolled. 3× Jan $40C @ $3.30, $990. Cut $29.50 all three.
Two at 38. One into Nov 5.
Expression
- 3× Jan ’27 $40C @ $3.3
$990 cost · 143d
Tape
Marking…
Stop
Close below $29.50
The 20-day. $42.50s are 30% out — lose the average and the expansion is off.
Outlook
- Q3 earnings (est.)5 Nov · before expiry
38–42 into Nov 5. Cut $29.50.
News
Quiet on this name.