In today’s briefing:
- EQD | Tesla (TSLA US): How to Play Earnings Via Options
- Why Roblox’s September Metrics Are Even Better Than They Appear
- Sporting Crypto – October 17th 2022: FIFA Make Their Mark on Sports NFTs
- The Commodity Report #73
- Bitcoin Volatility Matches Nasdaq
EQD | Tesla (TSLA US): How to Play Earnings Via Options
- TS LA reports earnings on October 19th, and we analyse expected moves using the options market
- Stock has suffered some production issues, but we think company has potential to beat the lowered estimates
- We identify some option strategies to play the event with goof risk/reward
Why Roblox’s September Metrics Are Even Better Than They Appear
- Roblox is proving out management’s assertion that bookings growth would reaccelerate in the back half of the year.
- The company extended its average user life from 25 to 28 months. Signal of falling churn.
- Roblox usage continues to dwarf all other social media; DAUs spend 2.5x more time per day than TikTok or Instagram users.
Sporting Crypto – October 17th 2022: FIFA Make Their Mark on Sports NFTs
- Being an incumbent and moving in any direction when it comes to Web3 is exceptionally difficult.
- That’s why I always use, to this day, the NBA and Top Shot as a great example of how a simple concept, that requires a blockchain, can succeed in attracting a large scale audience beyond Web3.
- FIFA + Collect is FIFA’s attempt at digital assets in the same format.
The Commodity Report #73
- Respect the trend – inflation continues to trend down but also continues to surprise on the upside in terms of analysts’ expectations.
- Getting inflation back into the target corridor will be a slow and painful process as inflation is broadly driven by the components of shelter, transportation services, medical services, and not only food and energy, which get the most headlines in the newspaper.
- On the other hand, we’re on the right track, as the YoY comparisons have declined since July.
Bitcoin Volatility Matches Nasdaq
- Price Movements: Bitcoin falls to its lowest level since 2020 following hot U.S. inflation print but stages modest recovery after.
- Market Liquidity: Coinbase regains dominant BTC-USD market share.
- Derivatives: Open interest on Binance plummets following dramatic price moves.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
