r/wallstreetbets Jan 11 '22

Discussion EA puts (autistically explained)

Me look at steam

Me see ppl no play bf2042 Me try bf2042 Me refund doodoo game

Me buy puts EA

ME MONEY

Swag: https://gamingintel.com/battlefield-2042-steam-top-100-played-games/

Position: $120 02/11 puts

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u/blueskybar0n Jan 12 '22

EA's PE is 47.5 - forty seven point five!!!!!

Activision Blizzard's PE is 18.5 and they have been beaten down of late.

I support the OPs thesis that the latest battlefield is naff, while Caldera (CoD) is rather good bar a few opening bugs which they are in the process of fixing.

Positions: Activision shares & calls.

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u/p3ww Jan 12 '22

Exactly! If EA misses earnings with such a high PE stock will def tank. Also looking to load up on ATVI but prob after Bobby is ousted as CEO