Put Options on CRSR on 1/31/2022

Corsair Gaming, Inc. (CRSR), together with its subsidiaries, designs, markets, and distributes gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific.

The company offers gamer and creator peripherals, including gaming keyboards, mice, headsets, and controllers, as well as capture cards, stream decks, USB microphones, studio accessories, and EpocCam software. It also provides gaming components and systems comprising power supply units, cooling solutions, computer cases, and DRAM modules, as well as prebuilt and custom-built gaming PCs, and others; and PC gaming software comprising iCUE for gamers and Elgato's streaming suite for content creators.

In addition, the company offers coaching and training, and other services. It sells its products through a network of distributors and retailers, including online retailers, as well as directly to consumers through its websites. Corsair Gaming, Inc. was incorporated in 1994 and is headquartered in Fremont, California. Corsair Gaming, Inc. operates as a subsidiary of Corsair Group (Cayman), LP.

Please note, this stock reports earnings on Tuesday, February 8th.

Corsair Gaming reported 3rd Quarter September 2021 earnings of $0.15 per share on revenue of $391.1 million. The consensus earnings estimate was $0.26 per share on revenue of $484.1 million. Revenue fell 14.4% compared to the same quarter a year ago.

The company said it continues to expect 2021 revenue of $1.825 billion to $1.925 billion. The current consensus revenue estimate is $1.88 billion for the year ending December 31, 2021.

Last Trade: $18.47

Trading Range: $17.68 - $48.30

Trade Buy 1 February $20.00 Put at $0.59 For a net debit of $0.59 Profit/Loss Analysis Breakeven at $19.41 Maximum profit is unbounded Maximum loss is ($59.00) at strike of $20.00 Closing Summary Sold 1 February $20.00 Put at $0.00

Position closed on 2/16/2022 at price of $0.00 with a -100.00% loss in 16 days.

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