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RDDT Earnings Play — July 30 (BMO)

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## 🚀 RDDT Earnings Play — July 30 (BMO)

**🎯 Bullish Call Trade | 75% Confidence | High Momentum Setup**

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### 📈 REDDIT, INC. (RDDT) – EARNINGS SNAPSHOT

🧠 **Revenue Growth**: +61.5% TTM — AI + Ads combo paying off
💸 **Margins**:
• Gross: 90.8% ✅
• Op: 1.0% 🚩
• Profit: 8.1% 👍
🧾 **EPS Surprise Streak**: ✅ 5 for 5 | Avg. +191%
🎯 **Target Price**: \$155.58 (+9.5%)
⚖️ **Forward P/E**: 222.6 — Rich but justified?

**Score: 8/10**
📊 Sector: Comm Services (AI-driven tailwinds)

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### 💥 OPTIONS FLOW SNAPSHOT

💰 Calls Stack at \$150 & \$160
🛡️ Puts cluster \$140–\$149 = Hedges, not bearish bets
📉 IV High = Juicy premiums
📈 Gamma Bias: Positive Skew
**Score: 7/10**

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### 🔍 TECHNICAL CHECK

📍 Price: \~\$145.32
🧭 20D MA: \$147.89
📊 RSI: 59.5 (Momentum neutral, room to run)
🔓 Resistance: \$150
🛡️ Support: \$140
**Score: 6/10**

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### 🌎 MACRO CONTEXT

🧠 Sector tailwinds from AI hype + digital ad rebound
🛑 No major regulatory red flags
**Score: 8/10**

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## 🔥 THE TRADE SETUP

**📈 Direction**: Bullish
🎯 **RDDT 08/01 \$150C**
💸 **Entry**: \$9.55
🛑 **Stop Loss**: \$4.78
📈 **Target**: \$19.55+
🧮 **Size**: 1 Contract = \$955 Risk
🕒 **Entry Timing**: Pre-earnings close
📆 **Earnings Time**: BMO (Before Market Open)

📊 Expected Move: \~5%
📈 Setup = High risk / High reward, theta-sensitive

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## ⚡ TRADE PLAN

✅ Take partial profit at 100%, full at 200%
⏳ Exit within 2H post-ER if target unmet
🛑 Cut below \$4.78 to cap drawdown

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## 🧠 CONVICTION SCORE

🎯 75% Bullish Bias
📊 Based on fundamentals, options, and flow
📉 Risk = Valuation + Thin Op Margin
📈 Reward = Explosive upside w/ surprise history

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💬 **Watch for \$150 breakout. If cleared post-ER = moonshot to \$160 possible.**

📢 #RDDT #EarningsTrade #RedditStock #CallOptions #AIStocks #TechMomentum #OptionsFlow #IVSurge #TradingViewIdeas #SwingTrade #OptionsStrategy #VolatilityPlays #RDDTstock

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