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BFLY

Butterfly Network Inc

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Reddit Posts

r/wallstreetbetsSee Post

BFLY brings AI straight to your dome.

r/pennystocksSee Post

Beware of penny stocks with poor fundamentals

r/WallstreetbetsnewSee Post

Q4 Momentum Map - 5 small caps where story meets tape

r/pennystocksSee Post

Butterfly Network ($BFLY): From Device to Platform

r/optionsSee Post

$BFLY closed up almost 15%…up even further in AH/pre-market

r/smallstreetbetsSee Post

$504 Billion AI Healthcare Revolution Accelerates as Corporate Giants Launch Next-Gen Platforms

r/RobinHoodPennyStocksSee Post

$504 Billion AI Healthcare Revolution Accelerates as Corporate Giants Launch Next-Gen Platforms

r/WallStreetbetsELITESee Post

$504 Billion AI Healthcare Revolution Accelerates as Corporate Giants Launch Next-Gen Platforms

r/pennystocksSee Post

$504 Billion AI Healthcare Revolution Accelerates as Corporate Giants Launch Next-Gen Platforms

r/stocksSee Post

Looking for Solid Sub-$10 Stocks to Hold Long-Term – What’s Still Undervalued Out There?

r/pennystocksSee Post

BFLY ready to send?

r/wallstreetbetsSee Post

BFLY ready to fly like the beautiful butterfly it is.

r/WallstreetbetsnewSee Post

MedTech Companies I’m Excited to Watch in 2024: $SHLT $BFLY $ME $ISRG

r/pennystocksSee Post

$BFLY will spike today

r/wallstreetbetsSee Post

$BFLY Gaining Momentum as Cathie Wood Scoops Up 2 Million Shares for ARKK

r/wallstreetbetsSee Post

$BFLY IS TAKING OFF AS CATHIE WOOD SCOOPS UP 2 MILLION SHARES FOR ARKK

r/WallStreetbetsELITESee Post

$BFLY Butterfly Network stock

r/RobinHoodSee Post

What’s your Opinion on BFLY Butterfly Networks

r/stocksSee Post

Lawsuit action against Butterfly Network

r/wallstreetbetsSee Post

I always knew if be a BFR when I grew up. Still long $AMWL, $BFLY, $TLRY, $MMND tho.

r/wallstreetbetsSee Post

Triple yolo triple loser BFLY HYLN DM

r/wallstreetbetsSee Post

Triple yolo triple loser BFLY, HYLN,DM

r/wallstreetbetsSee Post

Triple yolo triple loser BFLY, HYLN, DM

r/stocksSee Post

These are the bags that I am holding. Which ones do you think I should retire, and which ones I DCA down?

r/wallstreetbetsSee Post

Do I know what I'm doing?

r/wallstreetbetsSee Post

$LGVW/BFLY bagholders make yourself known

r/wallstreetbetsSee Post

$BFLY chart wtf

r/wallstreetbetsSee Post

GWH is a cautionary tale

r/wallstreetbetsSee Post

GWH a cautionary tale

r/ShortsqueezeSee Post

Long Term Horizon BFLY

r/SPACsSee Post

HCAQ Hyperfine DD- the portable MRI following in BFLY’s footsteps

r/WallStreetbetsELITESee Post

Hyperfine (HCAQ) DD the portable MRI, FDA cleared and already in the field

r/StockMarketSee Post

Hyperfine (HCAQ) Deep Dive taking off after merger. Portable MRI FDA approved

r/SPACsSee Post

HCAQ Hyperfine DD and why it’s a high conviction play

r/wallstreetbetsSee Post

$BFLY spotted on Inspiration4 live crew transmission!!! Next stop... The Moon.

r/wallstreetbetsSee Post

Just saw $BFLY on Inspiration4. First all civilian flight. Next stop... To the moon!!! Lessgooooo!!!

Mentions

#TLDR --- Ticker: BFLY Direction: Up Prognosis: Buy shares at $4.20 (*nice*) before April 30th earnings Catalyst: OpenAI/Sam Altman are using their tech to build a non-invasive AI brain-machine interface Lobotomy Risk: 0% (Unlike Neuralink, no needles stabbing your brain required)

Mentions:#BFLY
r/wallstreetbetsSee Comment

BFLY flies again!

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r/wallstreetbetsSee Comment

BFLY lfgoooooooo

Mentions:#BFLY
r/wallstreetbetsSee Comment

Doctor here. If you want a good long term play on anything medical, it’s BFLY. If you want to short anything, it’s def anything and everything drugs/peptides. Good luck fellow regards

Mentions:#BFLY
r/wallstreetbetsSee Comment

BFLY

Mentions:#BFLY
r/pennystocksSee Comment

The strategy BFLY articulated a year ago seems to have kicked in nicely here. Their numbers are shifting strongly in the right direction. For those who don’t know, they have a dramatically less expensive ultrasound that fits in your pocket and works with your smart phone. It’s cheap enough that any HCW and student can have one. A year ago they had high burn rate after developing the new gen devices. They articulated a plan to keep selling the improved devices cheaply and make profits on high margin software subs. The quarter reported yesterday shows exactly that. They’re still not profitable, but now getting very close thanks to growing and high margin software segment. The burn rate is slashed so if you project their inflection from loss to profit, the cash on hand appears to be enough to get there. They still have to execute and the plan has to sustain of course. But until two days ago, it was just theoretical that this strategy could work.

Mentions:#BFLY
r/stocksSee Comment

I’ve been waiting for BFLY to bounce and here is it. They were featured on the Survivor premiere yesterday. Also had some very prominent placement on The Pitt. Whoever is doing their media integration is crushing it.

Mentions:#BFLY
r/wallstreetbetsSee Comment

BFLY up 50%, goddammmn

Mentions:#BFLY
r/wallstreetbetsSee Comment

So glad I held on to BFLY!

Mentions:#BFLY
r/wallstreetbetsSee Comment

BFLY for yolos. Made 30% and got out. Lots of volatility 

Mentions:#BFLY
r/wallstreetbetsSee Comment

Kraken Robotics, PCT, BFLY, AUR, but honestly, nothing as compelling as ASTS or RKLB were back then that I've seen.

r/stocksSee Comment

RCAT, ONDS, BFLY Also check TMC but highly speculative and dependent on US government approving permits. NFA

r/stocksSee Comment

BFLY

Mentions:#BFLY
r/wallstreetbetsSee Comment

BFLY cant stop wont stop 🚀

Mentions:#BFLY
r/wallstreetbetsSee Comment

BFLY cant stop wont stop

Mentions:#BFLY
r/stocksSee Comment

BFLY

Mentions:#BFLY
r/wallstreetbetsSee Comment

Split it among CRMD, BFLY and PFE and write monthly calls on PFE.

r/wallstreetbetsSee Comment

I'm up +83% on BFLY. I don't even know wtf the company is. Does it have more potential?

Mentions:#BFLY
r/wallstreetbetsSee Comment

BFLY. Dominating a unique market niche (portable medical ultrasound) with increasing name recognition and hospital system integration.

Mentions:#BFLY
r/wallstreetbetsSee Comment

BFLY

Mentions:#BFLY
r/wallstreetbetsSee Comment

BFLY

Mentions:#BFLY

I've never heard of BFLY, why do you like it?

Mentions:#BFLY

BFLY and WRBY for me, thanks!

Mentions:#BFLY#WRBY
r/wallstreetbetsSee Comment

BFLY🦋🚀

Mentions:#BFLY
r/wallstreetbetsSee Comment

Should I sell BFLY?

Mentions:#BFLY
r/wallstreetbetsSee Comment

buying BFLY dips are free money

Mentions:#BFLY
r/wallstreetbetsSee Comment

BFLY anyone? 

Mentions:#BFLY
r/pennystocksSee Comment

BFLY constantly going up

Mentions:#BFLY
r/wallstreetbetsSee Comment

Is BFLY a meme?

Mentions:#BFLY
r/pennystocksSee Comment

BFLY bounced off 4hr support🙏🏼

Mentions:#BFLY
r/pennystocksSee Comment

BFLY triple blue diamond set up on the 4h, daily, and weekly. Reading up more on them tonight

Mentions:#BFLY
r/pennystocksSee Comment

didn’t buy FGL at .4 completely forgot about it, did start accumulating some BFLY. Companies financials are improving and the chart setup looks good.

Mentions:#FGL#BFLY
r/wallstreetbetsSee Comment

BFLY = AI + Healthcare. Ya'll want in on this rocket?

Mentions:#BFLY
r/wallstreetbetsSee Comment

Is BFLY a moonable stock or is it just destined for single digits?

Mentions:#BFLY
r/pennystocksSee Comment

BFLY🦋

Mentions:#BFLY
r/wallstreetbetsSee Comment

BFLY over 500mil mc lets go bois they just had a decent earning report

Mentions:#BFLY
r/wallstreetbetsSee Comment

Who are the competitors to BFLY? I bought BFLY on a whim (I'm a nurse), but I am no longer in the clinical setting, so I really don't know the space very well.

Mentions:#BFLY
r/wallstreetbetsSee Comment

I worked for their direct competitor - actually the company that the ceo left to go start BFLY. Their product is superior, their customer experience is superior. The only thing is that, this isn’t exactly a money making product, and revenue cycles are super slow. Could be a good long term investment - I just don’t like how much supply there is.

Mentions:#BFLY
r/pennystocksSee Comment

Who else is in on BFLY? I feel like it has had some great recent news, but curious to know how others feel

Mentions:#BFLY
r/wallstreetbetsSee Comment

BFLY

Mentions:#BFLY
r/wallstreetbetsSee Comment

BFLY flying

Mentions:#BFLY
r/pennystocksSee Comment

I don’t know. There’s lots of reasons people sell. Another rising penny stock is BFLY.

Mentions:#BFLY
r/wallstreetbetsSee Comment

BFLY 🚀

Mentions:#BFLY
r/wallstreetbetsSee Comment

What do you guys think of $BFLY

Mentions:#BFLY
r/wallstreetbetsSee Comment

$BFLY

Mentions:#BFLY
r/wallstreetbetsSee Comment

BFLY is healthcare AND ai

Mentions:#BFLY
r/pennystocksSee Comment

BFLY

Mentions:#BFLY
r/wallstreetbetsSee Comment

$BFLY 🦋

Mentions:#BFLY
r/pennystocksSee Comment

$BFLY - This company has an affordable portable ultrasound that is making a difference in health care settings. Time magazine recently recognized them as one of the World's Top Health Tech companies.

Mentions:#BFLY
r/pennystocksSee Comment

Who else is watching BFLY? Some interesting movement today, up 17% currently and am curious if I'm missing some news.

Mentions:#BFLY
r/pennystocksSee Comment

I bought BFLY $18 & lost my shirt. They’re not partnered with NVDA-last time I checked

Mentions:#BFLY#NVDA
r/wallstreetbetsSee Comment

Buying BFLY at market open

Mentions:#BFLY
r/pennystocksSee Comment

Kicking around BFLY and LVO as short ish term plays. Anyone got thoughts?

Mentions:#BFLY#LVO
r/wallstreetbetsSee Comment

BFLY 🚀

Mentions:#BFLY
r/StockMarketSee Comment

Butterfly Network (BFLY) Analysis: Volatile Dip and Investment Thesis As of September 11, 2025, BFLY closed at $1.55, down approximately 22% from its recent high of $1.99 on August 5, 2025 (based on historical price data from Yahoo Finance and Nasdaq, reflecting a post-Q2 earnings pullback and broader medtech sector weakness). This decline was exacerbated by insider selling (e.g., Chief Business Officer Steven Cashman sold ~$214,000 worth of shares on September 9, 2025, per SEC filings), ongoing dilution concerns from a January 2025 public offering that priced shares at a discount (leading to a 15% immediate drop), and a 12.1% plunge on July 16, 2025, tied to weaker-than-expected sector news on healthcare spending cuts amid stagflation fears. Additional pressures include high short interest (9.85% of float as of August 29, 2025) and competition in portable ultrasound from players like Clarius and Mindray. Despite the volatility, analysts maintain a “Buy” consensus (from 6 firms, including TD Cowen at $3.50 and UBS at $2.25, initiated September 11, 2025), with an average 12-month price target of $3.17 (range $2.00–$4.00), implying 105% upside potential. This frames the dip as a speculative entry for high-risk investors, but with elevated volatility (beta 2.52) and execution risks in scaling AI-integrated devices amid regulatory hurdles. Below, I apply the same fundamental principles from the prior analysis to BFLY, adapting the structure for a single stock. This includes retail allocation, stock division metrics (detailed without skipping), buy order impact, macro alignment/growth/returns, investment ranking (within its sector), and alternatives. Data is sourced from the latest available metrics as of September 11, 2025 (e.g., Q2 2025 filings, Yahoo Finance, Nasdaq, Seeking Alpha), using historical proxies for forward estimates where needed. Background deep dive: Founded January 25, 2011, by Jonathan M. Rothberg, Ph.D. (a serial biotech entrepreneur with prior successes at 454 Life Sciences, acquired by Roche for $125M in 2007, and GeneDx, which went public via SPAC in 2021), Butterfly Network pioneered chip-based ultrasound to “democratize medical imaging.” Headquartered in Burlington, MA, the company went public via SPAC merger with Longview Acquisition Corp. on August 16, 2021, raising $175M from partners like Tenet Healthcare and UPMC. Key milestones include FDA clearance for iQ+ in 2021, enterprise rollout in 2023, and AI integrations like Butterfly Garden (launched 2024, with 2 new partners in Q2 2025: iCardio and HeartFocus). Leadership includes CEO Joseph M. DeVivo (since 2022, ex-GE Healthcare, compensation $2.25M in 2024), CTO Victor Ku (appointed September 9, 2025, ex-Apple AI hardware lead), CFO Heather C. Getz ($2.64M comp), and board members like Larry Robbins (Glenview Capital founder) and Dawn Carfora (ex-COO of Hologic). Success projects: Over 145,000 devices shipped globally by Q2 2025; partnerships with University of Rochester Medical Center (deployed 500+ iQ units for emergency use since 2022), Atrium Health (fleet-wide integration in 2024, reducing diagnostic times by 40%), Medical University of South Carolina (MUSC Blueprint platform for 1,000+ clinicians since 2023), Indiana University School of Medicine (curriculum integration for 2,000 students, improving ultrasound proficiency by 25% per internal studies), and recent Sientra partnership (July 2025) for in-office plastic surgery imaging. Q2 2025 revenue hit $23.4M (9% YoY growth, 63% gross margins—company record), with 35% Q4 2024 growth to $22.4M, but net loss narrowed 59% to -$0.06 EPS. Challenges: Cumulative losses ($500M+ since inception), high R&D burn ($40M quarterly), and a January 2025 offering diluting shares by 18.4% YTD. BFLY aligns robustly with US/world futures, revolutionizing diagnostics via AI-powered portable ultrasound (iQ series: whole-body, probe-only scanner at ~$2,400/unit vs. $50K+ cart-based). In 2025’s context of cooling inflation (Fed cuts to 4.5% aiding healthcare capex) and stagflation risks (tight budgets delaying adoptions), BFLY benefits from US priorities like telehealth expansion (post-COVID, $50B market by 2030) and global health equity (WHO goals for imaging access in low-resource areas). A strong dollar eases component imports (chip tech from Taiwan), but export hurdles to EMs persist; BFLY’s 60% US revenue mitigates via domestic focus. Global trends: AI diagnostics boom (projected 25% CAGR to $200B by 2030) and aging populations (UN: 1.5B over-60 by 2050) drive demand for point-of-care tools. Not financial advice as well as AI generated to clean up my thoughts

r/wallstreetbetsSee Comment

BFLY on the up, can we mention that one?

Mentions:#BFLY
r/pennystocksSee Comment

I’m also long on BFLY and MBOT. Both have incredible cost saving potential for hospitals.

Mentions:#BFLY#MBOT
r/pennystocksSee Comment

BFLY hope it continues its run

Mentions:#BFLY
r/pennystocksSee Comment

I'd look into ARAY or BFLY. Medical devices are in the biotech world. Some are actually feasible companies, making real medical equiptment, as opposed to companies trying to make drugs for impossible cures, or going through drug phase trials.

Mentions:#ARAY#BFLY
r/pennystocksSee Comment

BFLY named to TIME's list of the World's top 10 HeathTech companies 2025!

Mentions:#BFLY#TIME
r/pennystocksSee Comment

BFLY was named to TIME's list of the World's top 10 HeathTech companies 2025

Mentions:#BFLY#TIME
r/smallstreetbetsSee Comment

Butterfly Network (BFLY) Analysis: Volatile Dip and Investment Thesis As of September 11, 2025, BFLY closed at $1.55, down approximately 22% from its recent high of $1.99 on August 5, 2025 (based on historical price data from Yahoo Finance and Nasdaq, reflecting a post-Q2 earnings pullback and broader medtech sector weakness). This decline was exacerbated by insider selling (e.g., Chief Business Officer Steven Cashman sold ~$214,000 worth of shares on September 9, 2025, per SEC filings), ongoing dilution concerns from a January 2025 public offering that priced shares at a discount (leading to a 15% immediate drop), and a 12.1% plunge on July 16, 2025, tied to weaker-than-expected sector news on healthcare spending cuts amid stagflation fears. Additional pressures include high short interest (9.85% of float as of August 29, 2025) and competition in portable ultrasound from players like Clarius and Mindray. Despite the volatility, analysts maintain a “Buy” consensus (from 6 firms, including TD Cowen at $3.50 and UBS at $2.25, initiated September 11, 2025), with an average 12-month price target of $3.17 (range $2.00–$4.00), implying 105% upside potential. This frames the dip as a speculative entry for high-risk investors, but with elevated volatility (beta 2.52) and execution risks in scaling AI-integrated devices amid regulatory hurdles. Below, I apply the same fundamental principles from the prior analysis to BFLY, adapting the structure for a single stock. This includes retail allocation, stock division metrics (detailed without skipping), buy order impact, macro alignment/growth/returns, investment ranking (within its sector), and alternatives. Data is sourced from the latest available metrics as of September 11, 2025 (e.g., Q2 2025 filings, Yahoo Finance, Nasdaq, Seeking Alpha), using historical proxies for forward estimates where needed. Background deep dive: Founded January 25, 2011, by Jonathan M. Rothberg, Ph.D. (a serial biotech entrepreneur with prior successes at 454 Life Sciences, acquired by Roche for $125M in 2007, and GeneDx, which went public via SPAC in 2021), Butterfly Network pioneered chip-based ultrasound to “democratize medical imaging.” Headquartered in Burlington, MA, the company went public via SPAC merger with Longview Acquisition Corp. on August 16, 2021, raising $175M from partners like Tenet Healthcare and UPMC. Key milestones include FDA clearance for iQ+ in 2021, enterprise rollout in 2023, and AI integrations like Butterfly Garden (launched 2024, with 2 new partners in Q2 2025: iCardio and HeartFocus). Leadership includes CEO Joseph M. DeVivo (since 2022, ex-GE Healthcare, compensation $2.25M in 2024), CTO Victor Ku (appointed September 9, 2025, ex-Apple AI hardware lead), CFO Heather C. Getz ($2.64M comp), and board members like Larry Robbins (Glenview Capital founder) and Dawn Carfora (ex-COO of Hologic). Success projects: Over 145,000 devices shipped globally by Q2 2025; partnerships with University of Rochester Medical Center (deployed 500+ iQ units for emergency use since 2022), Atrium Health (fleet-wide integration in 2024, reducing diagnostic times by 40%), Medical University of South Carolina (MUSC Blueprint platform for 1,000+ clinicians since 2023), Indiana University School of Medicine (curriculum integration for 2,000 students, improving ultrasound proficiency by 25% per internal studies), and recent Sientra partnership (July 2025) for in-office plastic surgery imaging. Q2 2025 revenue hit $23.4M (9% YoY growth, 63% gross margins—company record), with 35% Q4 2024 growth to $22.4M, but net loss narrowed 59% to -$0.06 EPS. Challenges: Cumulative losses ($500M+ since inception), high R&D burn ($40M quarterly), and a January 2025 offering diluting shares by 18.4% YTD. BFLY aligns robustly with US/world futures, revolutionizing diagnostics via AI-powered portable ultrasound (iQ series: whole-body, probe-only scanner at ~$2,400/unit vs. $50K+ cart-based). In 2025’s context of cooling inflation (Fed cuts to 4.5% aiding healthcare capex) and stagflation risks (tight budgets delaying adoptions), BFLY benefits from US priorities like telehealth expansion (post-COVID, $50B market by 2030) and global health equity (WHO goals for imaging access in low-resource areas). A strong dollar eases component imports (chip tech from Taiwan), but export hurdles to EMs persist; BFLY’s 60% US revenue mitigates via domestic focus. Global trends: AI diagnostics boom (projected 25% CAGR to $200B by 2030) and aging populations (UN: 1.5B over-60 by 2050) drive demand for point-of-care tools. Not financial advice as well as AI generated to clean up my thoughts

r/pennystocksSee Comment

BFLY

Mentions:#BFLY
r/wallstreetbetsSee Comment

'Bout time BFLY flew 🦋 Now get me to break-even, pls 🙏

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r/pennystocksSee Comment

What’s going on with the spike on BFLY? Up 22% today

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r/pennystocksSee Comment

I’ll keep an eye on it. I think for the same price point- BFLY has better short term return potential. With HUMA, did they not schedule any appointments or presentations? Isn’t that normal for a rep to do? Maybe if they aren’t doing that is why there is a slower adoption rate. As far as this tech goes, how often would a VA hospital or a hospital your size go through in a month? What are the prices?

Mentions:#BFLY#HUMA
r/wallstreetbetsSee Comment

Opinions on BFLY?

Mentions:#BFLY
r/StockMarketSee Comment

Laughing, I still remember when she loaded up on SKLZ and BFLY. All you had to do was look at balance sheet and could see they were burning cash. It told me that no one in her organization knew how to read a balance sheet.

Mentions:#SKLZ#BFLY
r/wallstreetbetsSee Comment

How about BFLY? Seems like that might be the next big pumper

Mentions:#BFLY
r/pennystocksSee Comment

What's up Gloomy, thank you for the great posts man. If people listened to you a few months ago they would've been rich by now. If the technicals look great, as you say, I think for sure. With the closing of some Planned Parenthoods in the Bay Area, I think this will drive more of the female health, bio, med, tech, pharma. What do you think about these (BFLY, FEMY). Yahoo profile says INTS and breast cancer (breast cancer affects men too but largely focused on the ladies). But being bio tech pharma, Idk, what do you think.

r/wallstreetbetsSee Comment

$BFLY did amazing on earnings and dropped 17% 🤔🤔hedge funds are winning

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r/wallstreetbetsSee Comment

BFLY moovin before earnings in the AM

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r/pennystocksSee Comment

What do we think about BFLY earnings?

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r/pennystocksSee Comment

ASNS - down BFLY - down CXAI - down DFLI - down NXDR - down SDST - down SNES - down Hahah all down except STAI! Not a great hit rate 😂

r/pennystocksSee Comment

I read a study done where they gave specialists 6 different handheld ultrasound devices and tested the imaging of different spots and BFLY's product was ranked almost the lowest among them. I want to like this stock but im struggling to see the catalyst that will cause a bull run.

Mentions:#BFLY
r/pennystocksSee Comment

AI medical imaging device stock: $BFLY hasn't ran yet

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r/wallstreetbetsSee Comment

BFLY 🦋….Earnings soon, tiny market cap, real tech, ran to nearly $5 this year…loading before volume returns. This one’s next 🦋

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r/wallstreetbetsSee Comment

$BFLY is flyingggggf

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r/pennystocksSee Comment

$BFLY dawg growing revenue, 150mil cash, hasn't ran yet

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r/smallstreetbetsSee Comment

BFLY saw a good gain so far today, biomedical always popping off

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r/wallstreetbetsSee Comment

oh now we're doing BFLY...ok

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r/wallstreetbetsSee Comment

🦋Im new here, but $BFLY looks interesting…🦋

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r/wallstreetbetsSee Comment

$BFLY

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r/stocksSee Comment

Outside of BFLY, I do not know anything about the others but looking quickly they appear to be big time dogs. For BFLY, similarly has been a long term slide stabilizing around $2. It is essentially a one product medical device company that will never compete against the majors. It was a Cathie Wood darling stock and not worth investing in in my opinion. If you want a speculative stock, maybe look at MVST. A small battery company that actually has revenue and products for the buses, trucks and heavy equipment market

Mentions:#BFLY#MVST
r/smallstreetbetsSee Comment

You're understanding the basis of what a Call/Put Option is. You bought a $3.50 call on BFLY dated July 18th. You're expected the stock price to rise above $3.50 and the call you hold allows you to purchase 100 shares at $3.50 = $USD 350 or $CAD 500. When everyone else does it it's because they're capitalizing on the Delta and Gamma of the option and selling the option for a higher price. If BFLY rises to $4 before July 18th, your call option would increase in value since the option allows you to buy the shares for $3.50 instead of $4. To make money, you would then sell your call option to capture the rising value of the option. [What Is Options Trading? A Beginner's Overview](https://www.investopedia.com/options-basics-tutorial-4583012) This is an investopedia link on the basics of options. Read it.

Mentions:#BFLY
r/smallstreetbetsSee Comment

Oh okay, sorry I didn't see the third image. >if you see the 3rd image stating if I am ITM I have to spend $500CAD. Didn’t I buy this contract for $37? When you have a contract, you have the right to exercise it whenever you want. Exercising means you will be buying 100 shares at the strike price of the contract. Your strike price on this contract is $3.50 so exercising would be $3.50USD \* 100 share \* 1.4(convert to CAD). That's why it's saying the estimate cost is $518 if you're ITM. This does not NEED to happen though. Typically people sell their contracts before they expire or let them expire worthless. If you don't sell this contract early for profit then it will either expire worthless (you lose the $37) OR it expires ITM and you don't have the $518 so you can't exercise the contract (you lose the $37). You should always want to sell your contracts before they expire unless you actually want the 100 shares because something is better than nothing. \------ >But if it’s ITM why will it buy for me, I thought I get paid $$$. Like I put a call for BFLY to hit $3.50, I mean I hope that’s what I did— so when it hits or if, I get paid. It depends on the brokerage you're using, most brokerages will automatically try to exercise the contract if you're ITM, if they didn't do this then contracts with GUARANTEED profit would expire and the user would lose the premium. \------ >Also if it does it $3.50 by July 18th ,what would be my profit ? There's calculators you can use for this: [https://www.optionsprofitcalculator.com/](https://www.optionsprofitcalculator.com/) Here's a link with your contract filled out: [http://opcalc.com/6YZ](http://opcalc.com/6YZ) In the link above, the X axis (left to right) on the chart is the date from now until expiration. The Y axis (bottom to top) is the price of the stock. The price can be different than what's on the chart since the chart can't predict volatility. But to answer your question, you wouldn't make profit at expiration UNLESS it's over $3.50 by a good margin AND you exercise the contract. If it were to hit $3.60 by July 16th AND you sell the contract, you would be looking at about $14 in profit which is a 56% gain. Since it doesn't sound like you want to exercise the . You're buying and selling contracts based on the premium. You want the stock to get as close to or past $3.50 BEFORE July 18th so you can sell the contract for a higher premium than you bought it for. This has to do with **theta decay.** Theta decay happens because the closer the contract expiration date gets, the less likely the stock is to exceed the strike price. To get the hang of this, try putting a contract on your watchlist and check on it daily to see how the premium changes overtime. Hopefully that made some kind of sense, I'm not too good with long responses :)

Mentions:#BFLY
r/wallstreetbetsSee Comment

I am stupid and I have a lot of stocks and calls on BFLY. So either inverse me or join me but both are gambles

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r/wallstreetbetsSee Comment

BFLY buy this stock going 300% up soon 🔜

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r/wallstreetbetsSee Comment

BFLY, pleas 🦋 again

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r/wallstreetbetsSee Comment

BFLY, pleas 🦋 again

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r/wallstreetbetsSee Comment

BFLY looks so ready to blast off again. going up even against SPY

Mentions:#BFLY#SPY
r/pennystocksSee Comment

I better put my money in BFLY, NAOV just made an offering.

Mentions:#BFLY#NAOV
r/wallstreetbetsSee Comment

BFLY chart is one of the best looking 2-3x plays I've seen in a while. don't take my word for it go look at it.

Mentions:#BFLY
r/wallstreetbetsSee Comment

BFLY looking beautiful. easy 2-3x from here

Mentions:#BFLY
r/pennystocksSee Comment

it's a boring gig for now but I'm buying more BFLY and AMPX

Mentions:#BFLY#AMPX
r/pennystocksSee Comment

bought more BFLY and AMPX today. the stocks may be boring right now, but I think this is going to pay off soon.

Mentions:#BFLY#AMPX
r/wallstreetbetsSee Comment

BFLY October calls are going to print so hard

Mentions:#BFLY