Earnings
Three high-profile earnings prints — CrowdStrike (CRWD), Palo Alto Networks (PANW), and Broadcom (AVGO) — land in the week ahead alongside jobs data and Computex. All three stocks have already ripped 5-9% today, compressing the post-earnings reward/risk and raising the bar for beat-and-raise reactions.
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↓ SHORT-5% target+4% stopInto earnings print, 3-5 days
Fade the pre-earnings melt-up in PANW and CRWD via short-dated options premium decay — both names up ~9% today into prints where options market already prices large moves, and heavy insider selling in CRWD tilts risk/reward to the short side.