0.03Open0.01Pre Close9 Volume2.16K Open Interest11.00Strike Price45.00Turnover1475.09%IV1.94%PremiumJan 17, 2025Expiry Date0.00Intrinsic Value100Multiplier-2DDays to Expiry0.03Extrinsic Value100Contract SizeAmericanOptions Type0.2307Delta1.3469Gamma360.67Leverage Ratio-47.6096Theta0.0000Rho83.22Eff Leverage0.0000Vega
Payoneer Global Stock Discussion
What's wrong with software sector?
Positive
Record quarterly revenue of $248.3 million, up 19% YoY
Net income increased 224% YoY to $41.6 million
B2B volume grew 57% YoY to $2.8 billion
Merchant Services volume up 142% YoY
Raised 2024 revenue guidance to $950-960 million
Card spend increased 41% YoY to $1.4 billion
Negative
Take Rate declined 5 basis points YoY to 122 bps
Transaction costs as % of revenue increased 70 bps YoY to 15.3%
Gapping up
$Zillow-A (ZG.US)$ +5.5% (Zillow Group was upgraded by Piper Sandler to overweight from neutral. Analyst Thomas Champion also hiked his price target to $62 per share, suggesting 33% upside from Monday's close.)
$JPMorgan (JPM.US)$ +1.2% (JPMorgan Chase was upgraded from Jefferies to buy from hold. The firm also labeled JPMorgan Chase as“best-in-class.")
$3M (MMM.US)$ +2% (Shares rose n...
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