Reddit Posts
2023-05-15 Wrinkle Brain Plays - In the style of someone who won a beauty contest years ago and still wears the banner everywhere they go
Morning Briefing 🌞 Feb 28th 2023 (Let's see if we're right again!)
Workday slips even as Deutsche Bank highlights near-term buy catalyst (WDAY)
Workday might be the most bullshit stock ever right now
Expected moves this week: SPY on Jobs Number, Salesforce, Snowflake, Crowdstrike and more
Iight I was wrong about WDAY. I picked up 3 LULU 320C before close (expiring 1/20/23). Can't wait for tomorrow!
After hours pop for $WDAY on strong revenue growth in 2022 Q2. I’ve got Diamond hands on this stock. Hopefully we see another pop at market open.
Am I an idiot or are puts on Workday (WDAY) free money? They report at market close. Picked up some 8/26 160P
Potential play on $WDAY? Insane P/E and EV/EBITDA compared to competitors
Is WDAY a buy ? Does it really have 30% gain ?
Mentions
Bought 1 WDAY call for $990.98. Sold for $2049.95. Peace out boys.
My condolences. I decided against ULTA in favor of WDAY because they have AI on their website.
PANW and WDAY always beat
tech might keep ripping tomorrow lmao even WDAY is +10% AH
WDAY up because I sent out approx 100 job applications last 2 months 
Anyone playing earnings this afternoon between COST, WDAY, and GPS (feels like they're already ded)
He has a routine that he likes, that’s all this is. Eating the same thing every day for breakfast? Normal, especially if you like it Drinking your favorite drink? Normal Working in an industry that you excel at and has profited you billions of dollars? Normal Doesn’t want to try new food? Hey some people don’t want to, it’s totally fine. Doesn’t mean someone is autistic Not good at public speaking: a LOT of people aren’t good at public speaking so I wouldn’t use this to determine if someone might be autistic As someone below pointed out: not investing in the tech sector because the balance sheets don’t make sense to him (and frankly most people). One of my classes did an entire valuation of WDAY and none of its valuation made any sense. I get that you see similarities but frankly these are all normal habits. Have you ever met a baseball player? They are incredibly superstitious, to the point that they do the multiple things 5-6 times in a row (similar to OCD). But that’s normal for their sport and I wouldn’t say they are autistic.
WDAY230414C195 super unusual activity with 2DTE
What's up with all these software companies worth like 50b, while barely selling ~10% of that, and negative net incomes? SNOW, TEAM, WDAY, who is keeping these at these prices? Am i missing something?
Careful with using PE on PANW, or tech in general to guide decisioning. They generate significant significant FCF ($2B+ TTM), so while not cheap, also not as bad fundamentally as face value would lead to believe. NOW, CRM, WDAY, etc in the large but not mega tech range have adopted the Amazon model of generating cash while maintaining negligible earnings.
is WDAY really pumping the market harder than Enron can tank it?
I didn't end up playing them either way, scalped them once on on their pre-earnings run-up and stayed away entirely on the yo-yo after earnings release I just disagreed with how you were phrasing some of your views on layoffs/hirings because they don't seem too supported by rationale, i.e. Zip's earnings sorry I can't have a more substantial conversation on WDAY though, some of the other gentleman in the conversation seemed more invested in them/their earnings
rate my earnings plays this week: ZM 78c - gave it all up PM sold at open TGT 175c - not close sold at open WDAY 190c - didn’t go through at close, spared AMC 7c - fucked
My TSLA puts are fuq, WDAY calls r fuq, aaaand SPY puts— also fuq. Should be a great day of trading 
Is WDAY a sure thing for puts? -148 P/E and is an HR focused cloud application with tons of competition. Thoughts?
WDAY News: $WDAY: Wells Fargo Maintains Overweight on Workday, Raises Price Target to $250
Meanwhile WDAY which has a simple business model with no debt, revenue increases over trailing 5Q, beats earnings by 10% and falls 5% AM. I think it's time we regulate large accounts. Anything over 500K and you can only buy/sell shares on a quarterly basis. It's time to reign in the hedgies out here shooting dice in the markets. The lmits will force smart money to play smart.
well, good thing I didn't play today, I would have lost...WDAY down after closing, ZM up...
**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|1|**First Seen In WSB**|49 seconds ago **Total Comments**|0|**Previous Best DD**| **Account Age**|2 weeks|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) >TL;DR: * **Earnings:** $FSR, $GLP, $VTRS, $AES, $LI, $ZM, $WDAY, $UHS
I'm holding BRK.B 320C 3/17 TGT 135P/202.5C strangle 3/3 WDAY 220C 3/3 Checking in
WDAY T-Minus 5 minutes till left off 🚀 🚀 🚀 🇺🇸 🇺🇸
WDAY is going to smash earnings. lift off in 10 mins
!Banbet WDAY +10% in 96 hours.
100% gains on 399P. Now, time for ER. TGT and WDAY
buy WDAY now as it runs up ahead of earnings
WDAY is a great although terribly expensive and maintenance expensive HCM and service ERP application, but certainly not a platform Zero front facing customisation capabilities, a lacklustre API and a widening integration gap that even affects reporting Every customer of ours has come to realise that
WDAY is not a platform. It's a classic HCM plus a service ERP now. I need to explain that to every customer.
Calls on OXY, AVGO, and CRM Puts on WDAY, MRVL, and NVAX Inverse me if you want to make actual money. Except OXY, that one is the only one I have a high degree of conviction in due to LNG and a few other energy stocks doing relatively well on their earnings.
Monday: OXY - calls ZM - puts TGT - puts WDAY - puts
Aww yiss, Zoom and WDAY.
If you think WDAY is overvalued, wait until you see NOW & MDB!!
Why we comparing WDAY to CVX and not, say, ADP?
Did WDAY have news?
SNOW, DDOG, TEAM, WDAY and all of the non-profitable companies are going to plummet. 1) Their products and services could be in-housed by workers who are not laid off by working more than 20 hours a week, and 2) they are not profitable but have crazy valuation. By the end of the recession, most of these companies will either file for bankruptcy or be gobbled up by a larger company.
Need WDAY by $158 on Friday 
Theta gang eating up my WDAY puts.
Did WDAY have news?
Anyone wish WDAY had some decent option liquidity. That shit is poised to have another dump into oblivion.
WDAY does seem way overvalued but they crushed previous earnings. I think WDAY has been posted here many times as a bearish oppression and people get burned every time.
U just have to single them out. I don't think AAPL will recover anytime soon. If it holds $146, maybe. Take a look at NTGR & INFA. MNDY is also a good FOMO choice around $103. They technically look much better. WDAY is also on a rip. I got in at $143 and holding on
I saw someone had bought like 30,000 calls in WDAY just before earnings.
>$WDAY: Overvalued. Short 150P 12/16/2022 @ .93 $BABA: Close to value. Short (Short term) 75P 12/16/2022 @ 1.35 $BIG: Overvalued. Long (Short term) 20C 12/16 /22 @ 1.55 (Speculative play) $HRL: overvalued. Long( short term ) 47C 1 / 20 / 23 @ 1,10 $FANG : undervalue long 178 C112023
DD Plays 12/1/2022 $WDAY: -20% of float usedFCF yield: 21%Exp Cash: 22M Thesis: Overvalued Play: Short 150P 12/16/2022 @.93 $BABA: -52% of float used. FCF yield: 12% Exp Cash: 1.1B Thesis: Close to value Play: Short ( Short term) 75P 12/16/2022 @ 1.35 $BIG: 187% of float used. FCF yield 30.5% Exp Cash: 3B Thesis: Overvalued Play: Long (Short term) 20C 12/16/22 @ 1.55 Speculative play $HRL: -385% of float used FCF yield: 8% Exp Cash 13.7B Thesis: Overvalued Play: Long( Short term) 47C 1/20/23 @ 1.10 ( This can be a box trade as I feel it will not make it to 55) ( Thanks Cramer. Not! Lol) $FANG: 112% of float used. FCF yield: 35% Exp Cash 10B+ Thesis: Undervalue Play: Long 178C 1/20/23
>$WDAY: -20$ of float used FCF yield: 21% Exp Cash: 22M Thesis: Overvalued Play Short 150P 12/16/22 @.93
any news on Workday (WDAY)
Let's see you can pick two of these three to buy puts.... WDAY INTU CRWD Guess which two I picked. This sucks.
Why can't WDAY tank like CRWD
WDAY implied move for earnings?
Want to buy WDAY puts but the stock is already dead as a dodo.
If the MMs on WDAY don't want to fill my order, I'm switching to CRWD and let the MMs there take my money
Stoopid MMs fill me on my WDAY order
WDAY poots yall. AH earnings...
INUT WDAY and CRWD earnings tonight Calls on all or what.
AFAIK apart from ORCL, MSFT and AMZN every possible business uses CRM. WDAY would not exist without CRM
People posting all the boomer software plays. Being in the industry I can assure your WDAY, CRM and others are going to marginally grow. Your next big players in the space will be companies like SNOW, ZS, CRWD
Check out these shitstocks: SNOW: operating loss of $700mio ttm, market cap of $54bn UBER:operating loss of $2.3bn ttm, market cap of $52bn PANW: operating loss of $188mio ttm, market cap of $49bn WDAY: operating loss of $183mio ttm, market cap of $39bn SQ: operating loss of $430mio ttm, market cap of $32bn RBLX: operating loss of $538mio ttm, market cap of $21bn will look for some short entries on Monday
WDAY did well, not sure why couldn’t find any recent developments
Some mid to large software types you don’t see much on Reddit: NOW, PCTY, WDAY, VEEV, PAYC that are growing at near the same rates as the megas with solid profitability. Some small newer to market software companies like DV, DOCS, ESMT, DCBO, KNBE are profitable but closer to break even levels. I think the thing with these types is that they’re generally significantly more expensive than the megas by typical metrics, and there’s always some levels of risk for the smaller players that a mega takes market share before they can really fully establish themselves. The megas can basically give away software in any niche if they want to until they have leading market share to try to make it a profit driver.
Don't worry, I made the 421 play at 0930. I also bought puts on SNOW at a premium and puts on WDAY for earnings. Inverse me is the play
WDAY $175 8/26c (earnings play) AAPL $160p 9/19 BBY $75p 9/9 (earnings play)
 buy buy buy buy TSLA WDAY BABA ULTA
WDAY BRINGING IN W’s only green stock on my watch list let’s go
Wtf is WDAY day, it’s going for the W literally.
WDAY: WorkDay up 9% premarket.
fuck bitches get money WDAY to the mf moon
Its a W day if you bought WDAY calls
I should’ve done WDAY instead smh my head
I had a feeling in my loins about WDAY
I'm gonna guess WDAY $140p.
omggg wish i bought more WDAY😩😩
Oh damn WDAY! Almost shorted but felt weird about it being so low 😅
WDAY and AFRM calls got crushed with NVDA calls cant be wrong 3 times in a row right?
ESTC calls, WDAY calls, VMW puts
ESTC VMW WDAY What’s the play here?
Just bought more $WDAY. We just rolled out workday to replace ADP. We are a fortune 100 company, I am sure the revs on that account is very tasty.
CRM dead with WDAY reporting tomorrow 🤔
CRM ☠️ with WDAY reporting tomorrow 🤔
When will WDAY finally tank?
I’m doing well in WDAY. Earnings come out on the 25th. Not financial advice.
Can't wait for WDAY to shit the bed. I have used some of their products and they are all shit... it's on my "dream short" list
# Tickers of Interest **Gamma Max Cross** * [LAC](https://options.hardyrekshin.com/#LAC) 09/16 25P for $1.00 or less * [ACN](https://options.hardyrekshin.com/#ACN) 09/16 295P for $3.80 or less * [BJ](https://options.hardyrekshin.com/#BJ) 08/19 70P for $2.35 or less (Earnings on Aug 18 beware IV Crush) * [SIG](https://options.hardyrekshin.com/#SIG) 09/16 60P for $2.40 or less * [IRM](https://options.hardyrekshin.com/#IRM) 09/16 52.5P for $1.30 or less **Delta Neutral Cross** * [CHWY](https://options.hardyrekshin.com/#CHWY) 09/16 45P for $2.95 or less * [WDAY](https://options.hardyrekshin.com/#WDAY) 09/16 155P for $5.25 or less * [TTWO](https://options.hardyrekshin.com/#TTWO) 09/16 115P for $2.85 or less * [RDFN](https://options.hardyrekshin.com/#RDFN) 09/16 12P for $0.95 or less * [CRSR](https://options.hardyrekshin.com/#CRSR) 09/16 15P for $0.35 or less # Trading Thesis Technical analysis and indicator based trading tend to use past price performance in order to predict important price levels today. This analysis is based on the option open interest. With that option open interest, it calculates portfolio-level greeks--notably Delta and Gamma. More importantly, once the portfolio level greeks are established, I can now simulate the change in greeks at different price points. From there, I can find the price levels where portfolio-level gamma is the highest, and the portfolio-level delta is close to 0. For some tickers, the underlying price reacts strongly off of delta neutral, gamma max, and sometimes both. It's the reaction off of these price levels in the past that is being used to drive trading signals. The plays and target entry prices given are calculated using a binomial option pricing model that reflect the expected size and duration of the reaction from gamma max or delta neutral. A lot of these plays are profitable by underlying moves in stock. The best plays benefit from the directional move as well as the increase in IV. # FAQ * These plays are mostly puts. Are you a gay bear? * No. It so happens that the companies have had some recent run-up which implies they are overextended. These trades are primarily some form of mean-reversion either toward or away from an important price level. * Are you entering all these plays? * No. There have been a dearth of plays in the WSB morning talks, and so I opened up my bag of tools slightly wider to point out more plays with a probable edge to help lead apes to more gain porn. Go through this curated list of plays, pick the ones you like based on whatever additional analysis you use, and get that gain porn.
WDAY's job application portal is so fucking terrible and user unfriendly I have to think it was intentionally designed as a test of subservience and endurance. Be a good wageslave and fill out all the info in your CV in triplicate.
Just graduated from grad school. I start work next month. These are on my shopping list: AAPL AMD AMZN CRM CRWD DIS LULU WDAY I’m sure there’s more good deals out there. Need to look into Alphabet too
WDAY, trading 2023 fwd p/e of 45.
Yes sorry WDAY. I can say I have been on SaaS world and WDAY or in SaaS community lingo (WKDY)… Always had the right leadership and growth. Just look into the CEO and his SaaS background as an Advisor to Greylock.
Pretty big expansion of product offerings by a database query/API integration group we contract with specifically focusing on Workday (WDAY) integrations.