Savvy Trades and Investments

[researcher59]

BYND -10 to 225, earnings after the bell. Option premiums are sky high and imply a mean expected 20% move up or down by Friday expiration. It will be interesting to see what happens. I have no position.

DJN -

Beyond Meat Inc. shares (BYND) fell sharply Monday, ahead of the company's
second-quarter earnings expected after the bell, even though hopes for the
plant-based meat supplier remain high. "Investor sentiment going into the
company's earnings release has 52% expecting an earnings beat," according to
Earnings Whispers, a site that gathers real-time estimates for earnings from
traders. The FactSet consensus is for a loss per share of 9 cents and
revenue of $52.5 million. Both would be an improvement on the company's
first-quarter earnings posted on June 6, when the company said it had a loss
of 14 cents and revenue of $40.2 million. Beyond Meat stock has been on a
tear since it went public in May at $25. The stock was last quoted at $205,
more than eight times its IPO price. The stock was down almost 14% heading
into the earnings release.