Earnings is Aug 26th. 1. The CEO just dumped 1/3 (100,000) of his shares Friday Aug 20th, leaving him with 200k shares. 2. Weekly chart - Bearish Head and shoulders pattern. 3. Earnings - Last quarter, they beat EPS and revenue, but guided revs lower for next Q. Most of USA was open during this quarter, probably less sales. I think if there is another lockdown, PTON will pick up in the next quarter. So, if you want to go long, wait for after this ER. $82 area would be good entry. 4. Options flow - There are over 15k $100 puts and some calls in 110, 120 strike. The put call ratio is 1.16 (bearish).