Reddit Posts
Citrine Research: Market manipulation or coincidence?
Ann Wagner (R-MO) gained +205% from just one stock (SYF)
SYF - Anyone else have puts on this?
Front-Running Populist Reforms: Eyeing SYF Puts to Capitalize on Credit Cap Risks
Any other business owners use market puts as business insurance?
Synchrony stock slips after Q4 beat, sees delinquencies rising in '23 (NYSE:SYF)
What is your opinion on Synchrony Financial (SYF)?
2022-11-16 Wrinkle-brain Plays (Mathematically derived options plays)
SYF 5/20 38$c has some love . Decent OI, low IV not sure if it’ll be as hot as PPL Came on screener today.
Mentions
Got it, calls on Encore Capital Group (ECPG), PRA Group (PRAA), Synchrony Financial (SYF).
In the context of the question, those are less likely to have a huge fall than SNDK, ARM, etc. and especially the upcoming Anthropic and OpenAI launches. I didn’t call them value plays. If that was the question I would have said PM, BX, UBER, WFC, SYF. But it wasn’t.
Interested in researching COF or SYF. Probably will sell of out of V if I like any of them.
u/hiddenscout any thoughts on $SYF lately? Gotta be trading at like a forward PE of 7x or something now.
It's more the combo of that idea of agents using crypto and less workers basically hitting the payment processors. From the article Agents went looking for faster and cheaper options than cards. Most settled on using stablecoins via Solana or Ethereum L2s, where settlement was near-instant and the transaction cost was measured in fractions of a penny. >Once agents controlled the transaction, they went looking for bigger paperclips. >There was only so much price-matching and aggregating to do. The biggest way to repeatedly save the user money (especially when agents started transacting among themselves) was to **eliminate fees.** In machine-to-machine commerce, *the 2-3% card interchange rate became an obvious target.* >Agents went looking for faster and cheaper options than cards. Most settled on using stablecoins via Solana or Ethereum L2s, where settlement was near-instant and the transaction cost was measured in fractions of a penny. Agentic commerce routing around interchange posed a far greater risk to card-focused banks and mono-line issuers, who collected the majority of that 2-3% fee and had built entire business segments around rewards programs funded by the merchant subsidy. American Express (AXP US) was hit hardest; a combined headwind from white-collar workforce reductions gutting its customer base and agents routing around interchange gutting its revenue model. Synchrony (SYF US), Capital One (COF US) and Discover (DFS US) all fell more than 10% over the following weeks, as well.Their moats were made of friction. And **friction was going to zero.**
Opened today: - Calls: BA NUE PCAR RTX - Puts: AGYS CVLT SYF *This is not investment advice, trade at your own risk, void where prohibited, don't drink the shampoo.*
i knew i should have bought ODTE $SYF/$COF calls cause of TACO
Should MSFT drop a little more, it’s such a no brainer stock to add to. 450 is the number I have in mind. Hoping for someone to fan some fire to get more of a drop on Credit Card gang ( V, MA, COF, AXP, SYF) to pick 1-2 candidates.
yep, not gonna happen. buy those subprimes up with this opportunity. COF, SYF
Which has the most upside out of COF, AXP, SYF, V, MA? This trump tantrum is a big ol' buying opp
The valuation is really tempting. But I am holding off as I am not sure about this whole 10% thing. If it happens for an year then then I see it as fair value if for longer SYF is toast as I see it. Likelihood low but I wonder if I can get a bigger discount for the risk.
The argument is more about less people will be able to get credit cards if they are capped at 10%. Also, the credit card companies might not be able to give as good as offers to those who do use them, for things like cash back. All this would lead to less transactions. It all comes down to you if think it will actually happen. I own SYF, but I am thinking of dipping my toes into AXP.
They just talked about SYF on CNBC, nice lol. Also kind of funny, the stock that got me banned like a month ago is now finally a big enough talk about here, it's BKTI. They do walkie talkies lol. Fun little company.
Credit card thing is probably over Buy your shitty subprime lender calls now SYF COF
More puts on all the credit card names, Master card, visa, SYF, capital one they have more bleeding to go!!
SYF is the most vulnerable, but not touching it, too tweet dependent -8.5% today
No mention of COF, SYF, C, etc on here for the TACO trade? That's where the easy money is.
Something else has to be moving COF and SYF other than Trump's capped interest rates. The other credit card companies would have been hit as well.
It kind of has a moat, since SYF is doing the branded cards for companies, like Sams Club. Like here's a list of all the companies they do store cards for: [https://upgradedpoints.com/credit-cards/synchrony-bank-store-credit-cards/](https://upgradedpoints.com/credit-cards/synchrony-bank-store-credit-cards/) So they have seem to have relationships with a lot of retails. Even announced something today with Clover. [https://www.stocktitan.net/news/SYF/synchrony-accelerates-growth-by-expanding-care-credit-financing-to-8m94ev1x50ez.html](https://www.stocktitan.net/news/SYF/synchrony-accelerates-growth-by-expanding-care-credit-financing-to-8m94ev1x50ez.html) >**Synchrony (NYSE: SYF)** expanded its CareCredit integration with Clover, enabling over **40,000** health and wellness providers using Clover devices to accept CareCredit payments and complete patient financing applications at the point of sale. The update builds on the 2024 partnership and makes the **Pay with CareCredit** app the first and only patient financing solution on the Clover App Market, pre-downloaded on Clover devices to remove extra hardware and streamline workflows. >This full-scale integration aims to simplify provider payment operations, accelerate patient access to financing, and extend CareCredit’s provider reach. I'm also in the camp of I don't really care about moat's as much. I think moats made more since in a world pre internet. Now companies can copy each other and I would rather just bank on good management over a moat any day.
Bought SYF and basically had like 8% gains since then, but lost them all today. However, not concerned, it's a single day thing and doesn't change the company fundamentals unless the cap actually goes into effect.
I just hate my Gold card so much after having gotten it that I could never buy them. Interested in SYF though, heard good things about their management through a buddy of mine who works their .
Agreed. I have had COF on my watchlist for a bit. AXP & SYF are great too.
This is classic TACO opportunity. SYF, COF, AXP have a sudden discount based on unenforceable edicts.
The credit cap stuff is so dumb, lost like all the gains in SYF lol. Still holding and thinking about taking a position in AXP/MA.
I just bought a couple SYF weeklies with an 81.90 break even. We’ll see what happens.
made 1.5% on SYF in 6 minutes. Done for the day; y'all enjoy the circus.
SYF is more predatory; choose them.
**This doesn't lower rates for the working class; it deletes their credit limits.** I spent 14 years on institutional desks, and whenever a "Price Ceiling" is introduced into a credit market, the result is always **Credit Rationing**, not "Cheaper Loans." **1. The "Risk-Adjusted" Math** Banks charge 22%+ because the default rate on unsecured consumer debt is high. * If you cap the reward at 10% but the risk remains the same, the math no longer works for the bottom 50% of borrowers. * **The Result:** Banks won't lower the rate to 10% for a risky borrower. They will simply **close the account.** * We saw this with "Usury Caps" in the 1970s. Supply of credit vanishes for everyone except the super-prime borrowers (who already pay low rates). **2. The Ticker Impact** * **Safe:** **Visa (V) / Mastercard (MA).** They are toll roads; they don't hold the debt. They just swipe fees. * **Kill Zone:** **Synchrony (SYF), Capital One (COF), Discover (DFS).** These are the lenders who hold the actual balances. If they are forced to reprice their loan books to 10%, their Net Interest Margin (NIM) collapses, or they have to slash their loan book by 40% overnight. **My Verdict:** This is deflationary. If you suddenly cut off the credit cards of 50 million Americans because they are no longer "profitable" to lend to at 10%, consumption crashes. I would be looking to short the **Subprime Lenders (SYF)**, not the payment networks.
One thing that has worked for me, is not worrying too much about how much something has run, as long as the fundamentals support the valuation. I think so interesting names to look into: TOITF, spin off from CSU. Software is getting killed since there is fears around AI. Since it spun off, some of the TTM numbers look larger, but should be a great long term compounder. THR - it's up 30% YoY so a bit over. They are a niche industrial play. Valuation isn't too bad and it's a play around onshoring/data centers. SYF - Also 30% YoY, however fundamentals are pretty cheap. Pays a little dividend. They do a ton of store credit cards, like the ones for Sam's Club and Gap. They also do the financing for some brands. PEGA - Enterprise software company that is seeing explosive growth in the cloud. Valuation isn't the worst, but seeing a lot of FCF growth because of the cloud growth. It's also reoccurring revenue. Like they saw around 35% YoY growth in FCF. For full year, they are forecasting 30%.
SYF is an interesting company. Credit isn't really my wheelhouse, but the fundamentals are pretty cheap and should continue to be a great compounder. BKTI is one of those stocks that are pretty interesting. Niche company and never would have thought that selling like walkie talkies to federal agencies would be such a great business. FTK is really cool with that they are doing. Their JP3 monitor I think is only one approved by the EPA standards and should be a way to help save costs for LNG pipelines. As long as the company can continue to execute, the thing looks really cheap. BWAY is a bit more speculative. It's not the cheapest name, but they have good gross margins and operating margins are improving. EPS Growth is really strong, so the PEG looks better as long the company continues the growth. I find what they are doing with magnetic helmets is just cool. Plus it's FDA approved, so it is legit. It high risk, but could be high reward. Plus basically being debt free makes it easier to hold, less risk of bankruptcy.
Nice list. BKTI and SYF are solid picks but that Brainsway one is wild, never even heard of it. Gonna dig into FTK too, those margin jumps are insane. Appreciate the write-up
Bought some FTK and SYF this morning.
Anyone here follow SYF? Thinking of opening a position, but it’s a little out of my wheelhouse. Valuation looks pretty cheap: https://stockanalysis.com/stocks/syf/statistics/ I think they do like store brand credit cards as well as some other services, like financing for brands. Pays a decent little dividend at 1.49%. This is there latest quarter presentation: https://d1io3yog0oux5.cloudfront.net/_c50e3de2621b1ea575f46ab042c83ac6/synchrony/db/3606/33918/presentation/3Q%2725+Earnings+Presentation_vFINAL.pdf
Yup, that was the time to buy small co's like BFH, SYF and stuff like DFS and COF. Right now nobody seems to care about it... At least until they do it again.
Basically my mindset. Wanted to get some boring to move some profits into that is just a strong company. Decent valuation on them and I'd imagine good holiday quarter should boost it next year. SYF and REVG were two others I was looking into.
Got of my DRS position. Have too many defense names. Was also looking at SYF and REGV.
ASML - puts CFG - puts FHN - calls PLD - calls SYF - calls
Good day to be an American Fintech Bol. HOOD SYF SOFI
HOOD SOFI Bond ETFs REG SYF
Still Bolish on HOOD and SOFI. Like SYF too.
Still bolish on Fintech. Buy the dip. HOOD SYF SOFI
Buy the HOOD SYF and SOFI dip.
Theta Day? HOOD +.74% SYF =.42% SOFI +1.93% Skill issue
Poor SYF. No account there.....yet.
How you doing SYF? Oh feeling a little down? It's okay love.
American Fintech won't be stopped. HOOD SYF SOFI
HOOD --> $125 SOFI --> $25 SYF ---> $100 Get the fuck in. Fuck these bers. American Fintech always wins. Hit'em with the V
CNBC SYF mention. Bolish bitches
American Fintech HOOD SYF SOFI wrecking bers
American Fintech up about 8% today. HOOD SOFI SYF
American Fintech HOOD SOFI SYF killing it
$SYF looks like an easy short. Lot of 8/15 67.5p volume today
StratPilot AI Suggests: SYF, MP Materials, and BBY for hedge listing. It suggested a specific trade for SYF: Buy July 18 67.5/70 Put Spread, and roll exposure weekly/bi weekly. Specific Trade Analysis here: https://stratpilotai.com/trade/3VJN5ukR3l “Why These Fit Your Hedge Profile: BBY (Best Buy) is a classic consumer discretionary stock with midcap size, likely to be hit in economic slowdowns as consumers cut back on non-essential spending. MP Materials has high volatility typical of midcaps in materials, which often leads market corrections. Synchrony Financial (SYF) is a financial firm tied to consumer credit, which is cyclical and sensitive to economic downturns, with leverage making it vulnerable in corrections. Additional Notes: These stocks have shown recent trading activity and interest, indicating liquidity for options trading. High beta exposure can be confirmed by checking their beta vs. S&P 500, which for BBY and SYF is typically above 1.2-1.5. Debt loads: SYF is a leveraged financial company, BBY carries some debt typical for retail, and MP Materials is capital intensive. Overbought condition: Use technical indicators like RSI > 70 on these stocks to time entry for hedges.”
I generally buy 4-12 month out, \~10% OTM Puts that are usually only paying out in 10% or greater fall. I find the drag cost is minimal this way and gives alot more protection in the major drops that I am actually worried about. For example I bought 6/20 $550 SPY puts in February for $9 bc I was nervous. They peaked at $65 and I sold portions all over the place with average in low $40s(so 4x my money). I made the biggest killing in SYF and STLA puts that took my average up to 5x initial capital. My client base is a pretty major market swath and seems to give me decent indicators. So far its worked out really, really well. To be honest surprised by how negative/derogatory/condescending so many people have been. I was more hoping to get different ideas on the same overall concept. So far its been what feels like a portfolio-measuring contest
Do they pay at billing? My gf works in emergency vet med and all insurances I'm aware of require up front payment by the owner with a reimbursement to follow from the insurance carrier. Alternatively a customer can apply for Care Credit offered by Synchrony Financial (SYF) which carries a borderline criminal 32.99% interest. They've been sued in the state of NY for usury due to this interest rate. If you have a pet insurance carrier that does not require an owner to engage in a 32.99% loan then I'm interested. If not it's a big grey bite of shit sandwich.
Largely priced in, been following the CFPB lawsuits for years now and despite lacking oversight everyone expected this to happen. The run-up was mostly last year, but the outlook in the companies I held is mostly worse although there's less risk which is why I sold. SYF, BFH, COF.
I'm loading up on more BROS, IBKR, SYF, SNAP calls tomorrow 
SYF, IBKR, BROS, WM calls this week
GEV, META, MSFT, SYF weekly calls just made me bank today
Been holding SMR and RKLB for over 2yrs now I think. had some SOUN at 1.90 sold out around 5.50 after it hit 7. Bought back in at 4.70 . SYF has done nicely. Got lucky on IONQ around 9, UMAC at 3.09 bought in 1 week before the latest news. Hoping BFLY and RGIT light up. Lost relatively good chunks on MULN, FSKR, and hopefully not GP if it can turn that bus around.
Just found NU a few days ago, bought in for 100 shares. Runway is long on this one. SYF has been very good for me as well.
I sold SYF after 18% jump today. Might have been a mistake but I dunno. Company is good but feel like it will be available below today's price. Meanwhile POWL keeps going insane. And SKYW too. I told all the Spirit Airlines nerds to buy SKYW instead hope someone did.
"P/E ratio is lower than Visa and Mastercard" It's going to be consistently lower because it's a different business model with more risk. American Express is an excellent company, but it does extend credit which V/MA do not and so it does well when times are good but the moment when it seems like times might be starting to head South, people are going to start to worry about credit risk. People are going to worry more about credit risk at peers DFS/COF/SYF given the nature of AXP and its customer base, but credit risk is a worry for card companies that extend credit to people whereas V/MA do not - they are networks and the issuing bank (JPM, whoever) is the one extending the credit. "Yet, when I look at analysts stock objective" Don't rely on analysts. "do you guys believe AXP still has room to go higher ?" It's a good company, but I have no idea what the stock does in the short-term. IMO, every time someone invests in something they should have a thesis as to why. Inevitably the market is going to go through bumpier periods and having that thesis to go on makes holding something through difficult periods in the market easier and allows one to have an opinion on whether a decline is a good time to add. A lot of stuff that's bought solely because someone heard/read about it gets dumped when the market gets difficult and that often ends up as opportunities for other people.
Yeah. But honestly I've done nothing but win with the real investments. I only lost a little money with the silly penny stocks I dipped my toes in with. I started in 2019. When I started I went with the advice "invest in what you believe in, things you know and understand, things you buy or use constantly in life" I work in IT so I went with AMD, WDC, AVGO, HPE, LOGI I owed money to SYF on 3 different credit cards (They had good 0% interest promotions) On a whim I looked to my wife and daughters. They were always buying and going on about ELF and CTRN Every single one of those have been good long time holds for me with the exception of CTRN. It went parabolic from $12 to $100ish I went ahead and bailed at 90$. Looking back at it...a lot of it was luck lol. AMD the big one. I've always been a AMD fanboy. I got on that in the $25-30$ range. Yeah i only had 15 shares but it has been a great ride with AMD. Everything kinda dumped out during the pandemic but I just kept buying on the advice "When there is blood in the streets" and that worked out well for me.
Well who want to borrow on credit cards when there charging 35% interest that non will ever pay back. Synchrony (SYF) is looking like a poster child for credit card default by October or so.
I don't recommend my method but I just buy companies I feel a connection to and feel like they have long term staying power or growth potential. Like I already buy their products OR my family buys their products. Hasn't failed me yet lol. I'm pretty sure I'm just lucky as all hell. AMD fanboy and always have been My wife buys nothing but ELF products AVGO is all I buy raid and HBA controllers from SYF my wife charges hard to that amazon credit card and I had their Newegg card for a really long time. All of then have been major winners for me.
Synchrony Financial (SYF). They’re my third-largest holding after NVDA and MSFT. They do regular banking stuff, and they’re also the back end for many store credit cards: Lowe’s, CareCredit, even PayPal Credit.
SYF has done well. it’s the best of the kind for sure.
Synchrony Financial (SYF). They do the usual banking stuff, but you’ve probably also seen them indirectly as the back end of various store credit cards. They handle CareCredit, Lowe’s credit cards, even PayPal Credit.
Continue to watch my $17 strike 14 June exp puts on Novavax trash print $$$ Acquire more puts on BFH, UPST, OMF, AFRM, SYF with strikes down 20-30% from current share prices, exp 20 SEP. Take advantage of the fire sale while they attempt to cover up their absolutely terrible numbers and with bi big bank names to protect them. They are definitely high on the list of 63 institutions prepped for collapse mentioned in recent articles. Don't say I didn't try and help you make money of those shit-bank bastards and stop you from being cucked by a third rate banker bro who your wife will have you running to buy take out food for, while they sit on your couch watching Friends reruns and thinking it's actually funny, while he fingerblasts her and she talks about her fantasy of seeing a bank peg you, but since banks don't have dicks, her banker boyfriend will need to be the stunt cock. Yep, that whole thing is one stupid sentence. Punctuation be damned. Good luck 'tards
15 puts on BFH (bread financial holdings) 20 SEP exp, $27.50 strike 15 puts on SYF (Synchrony Financial) 20 SEP exp, $33 and $31 strikes Garbage lenders with shit numbers in an environment where people are all missing their Walmart, best buy, and target credit card payments towards their 28% interest rates.
Synchrony Financial (SYF) stands to lose the most on the ruling.
TLDR. See my comment below....Prolly: SYF, AFRM, OMF, UPST, or BFH.
Not posting a ticker is bs, pal. But, fwiw, i've been watching the sector grow horns for awhile, and while most of the top 25 regionals are well capitalized and won't see a significant loss of revenue with the reduction in late fees ( cuz, their card holders pay on time, duh), the subprime credit providers who WILL suffer include: SYF, AFRM, OMF, UPST and BFH. Full disclosure ( unlike you), I have Sept puts on all of these companies.
ITOT. That and EFA are the backbone of my 401k. Among individual companies: NVDA, MSFT, and SYF^(1). I started NVDA smaller than the other two but it’s grown just that quickly. I got in because I figured crypto farming would be good for their business, but then AI became the new hot thing. MSFT and SYF were meant to provide stability, but they’ve done really well too. ^(1) Synchrony Financial. They do conventional banking and also they’re the people behind a lot of “no interest for 12 months” financing plans.
Long Puts on any of the folllwing: OMF, SYF, BFH and (before today) UPST.
For those who attended my recession Ted Talk on the 🅱️eekend thread, here is the list of most exposed to sub-prime. Note that delinquency rates improved for the group in April, mostly due to tax refunds, but the downward spiral in credit quality should continue unabated in 2H. OMF, SYF, UPST, BFH Not including COF, because they'll likely weather better than these four losers.
anyone else notice the dump in investment oriented financial services companies this week? AMP, Invesco, MCSI all dumped after ER, all happened to deal with personal wealth management and/or investment SYF and Fiserv rose but SYF deals with consumer credit products and Fiserv does fintech for corporations
I don't know bout specific for 2024, but im sticking with what I already have and has been good to me since 2020 SYF, AVGO, LIT, WTRG
I'm betting on SYF to report better then expected results tomorrow morning.
SYF - until amazon goes with another company.
Never have wanted to own it but would really not want to own SYF if this gets worse.
JPM and WFC earnings talk, ATVI arb, and GLW SYF and DIS news shop talk ​ [https://youtu.be/yaNk182u6jw](https://youtu.be/yaNk182u6jw)
How much does Book value play a role in decision making? From my understanding of the definition, seems like book value should be the bottom price a stock should ever trade at, and if the current price is under book then it should be a sure buy. But i've read that book can be manipulated by the way values are reported, which means it shouldn't be used to judge bank stocks. BAC, USB, SYF, FITB are fairly close to book right now while C is roughly Half of book. I would think Book would be a good indicator for manufacturing because of the physical assets. Is there a reason(s) price would be trading below book that i should look for? Even GME and BBBY going down still rebound to Book as they were failing.
One way you could go is to add MA, AXP, and SYF to your portfolio. These three will complement your existing holding in V.
yea. when i saw this tweet I was abhorred. absolute idiotic tweet meant to go viral from mob mentality. why wouldn't you sell FRC after it drops $140-->$120-->$110-->$105-->$40-->$70-->$40-->$18-->$40-->$12--->$16--->$6--->$3--->delisted DOESNT TAKE A F\*\*\* GENIUS TO SELL DURING THE HUGE 80% DROP FROM $140. WDYM REGARD "SOLD FRC AVOIDING A FURTHER 80% DROP" (implying they should have held another -80% from $40--->$0) thank u for being sane because JPM was also a great idea. Along with PNC, SYF.
Yes and I bought the dip in bank stocks then. SYF and CADE
Credit card companies being neglected here. SYF, COF, DFS. All get rich off innumeracy and predictably poor impulse control.
Look at SYF. They are on the hook for retail financing like Amazon, Lowe’s, Walmart. So as spending goes down they are crunched and if delinquencies increase at the same time it is an even bigger threat.