Trade
FIVN
Five9
34.25
-0.32 · -0.9%
Plan
- Cut
- Daily close below $29.50.
- Target
- 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 · 5.8 OTM
$990 cost · 89d
Tape
- 20-day32.19 above
- 50-day27.10 above
- 200-day20.92 above
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.