OKTA Earnings Setup | \$100C Aug 29 | 200–300% Potential
# 🚀 OKTA Earnings Setup | \$100C Aug 29 | 200–300% Potential 🔥
📊 **Bias**: Moderate Bullish (75% confidence)
✅ **Beat streak**: 8/8 last quarters, avg surprise +23%
✅ **Analyst upgrade**: Canaccord highlights AI/security tailwinds
✅ **Cash-rich**: \$2.7B balance, strong FCF buffer
✅ **Options flow**: Heavy OI at \$100 calls (1,508) → institutional attention
⚠️ **Risk**: Technicals weak (<50/200MA), guidance could underwhelm, IV crush risk
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### 💡 Trade Setup
* 🎯 **Instrument**: OKTA
* 🔀 **Direction**: CALL (long)
* 💵 **Strike**: \$100.00
* 📅 **Expiry**: 2025-08-29 (weekly)
* 💰 **Entry**: \$2.55 (ask, from chain)
* 🛑 **Stop**: \$1.28 (−50%)
* 🎯 **Profit Targets**:
• 200% → \$7.65 (take partials)
• 300% → \$10.20 (full exit)
* ⏰ **Timing**: Enter **pre-earnings close (Aug 28 AMC)**, exit within 2h post-open
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### ⚡ Execution Rules
* Use limit order near ask for entry.
* Max size ≤2% portfolio risk (≈1–4 contracts).
* Quick exits only — don’t hold past Friday close.
* Manage IV crush: profits must be realized fast.
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🔥 **Bottom Line**: OKTA has the fundamentals + beat streak to deliver a positive surprise. The \$100C Aug 29 gives clean, asymmetric upside if stock gaps on earnings. Risk tightly managed at −50%.
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### 📌 Tags
\#OKTA #EarningsPlay #OptionsTrading #SwingTrade #TechStocks #AIStocks #CyberSecurity #Bullish #CallOptions #StockMarket #TradingSignals #MomentumTrading 🚀💎📈🔥
