Put Options on CHPT on 12/11/2023

ChargePoint Holdings, Inc. (CHPT), together with its subsidiaries, provides electric vehicle (EV) charging networks and charging solutions in the United States and internationally.

It offers a portfolio of hardware, software, and services for commercial, fleet, and residential customers. ChargePoint Holdings, Inc. was founded in 2007 and is headquartered in Campbell, California.

ChargePoint Holdings, Inc. reported earnings on December 6. The company reported a loss of $0.38 per share on revenue of $110.28 million for the fiscal third quarter ended October 2023. The consensus estimate was a loss of $0.31 per share on revenue of $125.11 million. The Earnings Whisper number was a loss of $0.33 per share. The company missed expectations by 15.15% while revenue fell 12.01% compared to the same quarter a year ago.

Last Trade: $2.35

Trading Range: $1.79 - $13.65

Trade Buy 1 December $2.50 Put at $0.38 For a net debit of $0.38 Profit/Loss Analysis Breakeven at $2.12 Maximum profit is unbounded Maximum loss is ($38.00) at strike of $3.00 Closing Summary Sold 1 December $2.50 Put at $0.20

Position closed on 12/29/2023 at price of $0.20 with a -47.37% loss in 18 days.

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