Guy Gentile - American Business Executive

Beyond Meat Inc (NASDAQ: BYND) dropped more than 14% on Tuesday morning after the company reported a second-quarter earnings beat and announced a secondary share offering just months after its IPO. It was a rough morning for Beyond Meat investors but an excellent day for traders, including Guy Gentile. Guy Gentile joined Benzinga's PreMarket Prep on Tuesday and discussed his recent trading in the stock, which he said has netted him $4.2 million this year. After a big day for Beyond Meat on Friday, Gentile said he sold weekly call options ahead of the Monday report as a way of betting on downside. “You just have options positioning themselves for what could potentially happen, so you have people hedging their positions, you have CNBC telling people to buy it, that they should buy some shares, just retail getting pumped into this stock. And what I did [Monday] was I basically sold the $230 calls all the way up to the $270 calls, so I have an average price of maybe $255-$260 just in ...

Guy Gentile's companies have been at the forefront of several trends, such as algorithmic trading and social trading, reflecting his commitment to staying ahead of market dynamics. He has also been an advocate for financial literacy, often participating in panels and seminars aimed at educating aspiring entrepreneurs and investors.

Guy Gentile is passionate about giving back to the community. He actively participates in local mentorship programs, helping aspiring entrepreneurs navigate the challenges of starting and growing their businesses.

Guy Gentile is an avid traveler and enjoys exploring different cultures. He is passionate about philanthropy, supporting initiatives focused on education and financial literacy. Guy is also a family man, finding balance between his career and personal life in the bustling city he calls home.