5.00Open5.00Pre Close0 Volume5.72K Open Interest5.00Strike Price0.00Turnover381.36%IV-3.66%PremiumJan 17, 2025Expiry Date5.38Intrinsic Value100Multiplier10DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type0.9304Delta0.0205Gamma1.84Leverage Ratio-0.0441Theta0.0011Rho1.71Eff Leverage0.0023Vega
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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