Thursday 03 Oct 2024 Morning Notes

Flipped a wkly $600 strike straddle in UNH from 11.57 to 14.80, then watched it hit a high of 17.00, as is tradition. Also flipped a $9/7.5 1x2 put ratio in NFE for .30 that I had put on for free when the stock was trading around 10.90 the day prior. Love those freebie cash trades.

Yesterday AMC:
Today BMO: STZ

Other News:

Follow through names to watch: NKE, HUM, UNH

GAINERS:

LOSERS:


Follow through watch:

Day before Y'day AMC: NKE
Yesterday BMO:

Y'day Other News: JOBY: +21% at 5.81 on Toyota Motors investment; BILI: +10% at 29.45 on China news; FUTU: +8.5% at 116 on China news; JD: +8.5% at 46.56 on China news; HUM: -21% at 221 on Medicare news; NKE: -7% at 82.55 on earnings, now shooting 12 for 20 on gapping lower following #s;

2 days ago AMC:
2 days ago BMO:

2 days ago Other News: CVS pops then drops on "strategic alternatives" headline; DJT pops 7% on some nonsense; PINS pops 4% on u/g; China names coming in a bit following the tear they've been on for the past week;

Wednesday 02 Oct 2024 Morning Notes

Only trade of note was a small sized 1x2 put ratio in DJT heading into the debate, buying the wkly 15.5 puts and selling 2x of the 13 puts for a .34 debit. Morning is shaping up to be somewhat busy with China names continuing to make large upside moves.

Yesterday AMC: NKE
Today BMO:

Other News:

Follow through names to watch:

GAINERS:
JOBY: +21% at 5.81 on Toyota Motors investment;
BILI: +10% at 29.45 on China news;
FUTU: +8.5% at 116 on China news;
JD: +8.5% at 46.56 on China news;

LOSERS:
HUM: -21% at 221 on Medicare news;
NKE: -7% at 82.55 on earnings, now shooting 12 for 20 on gapping lower following #s;

Follow through watch:

Day before Y'day AMC:
Yesterday BMO:

Y'day Other News: CVS pops then drops on "strategic alternatives" headline; DJT pops 7% on some nonsense; PINS pops 4% on u/g; China names coming in a bit following the tear they've been on for the past week;

2 days ago AMC:
2 days ago BMO: CCL

2 days ago Other News:

Tuesday Oct 01 Morning Notes

No trades of note yesterday. I quick flipped my COST double diagonal on Friday morning for like +4%, only to watch it rally for +30% by end of day. So damn typical.

Yesterday AMC:
Today BMO:

Other News: CVS pops then drops on "strategic alternatives" headline; DJT pops 7% on some nonsense; PINS pops 4% on u/g; China names coming in a bit following the tear they've been on for the past week;

Follow through names to watch:

GAINERS:

LOSERS:

Follow through watch:

Day before Y'day AMC:
Yesterday BMO: CCL

Y'day Other News:

2 days ago AMC: COST
2 days ago BMO:

2 days ago Other News:

Friday 27 Sep 2024 Morning Notes

Took an earnings gap trade in COST after seeing that it rarely moved more than 2% following #s. I traded a double calendar on it, selling today's 925c & 880p against the Oct monthly strikes for $16.80 debit. Trade looks like it'll be a nice winner with the stock at 894 in the pre-mkt.

Yesterday AMC: COST
Today BMO:

Other News:

Follow through names to watch: MU, ACN

GAINERS:

LOSERS:

Follow through watch:

Day before Y'day AMC: MU
Yesterday BMO: ACN

Y'day Other News: MU: +18% at 112.50; LUV: +6% at 30 on guidance; ACN: +5% at 354;

2 days ago AMC:
2 days ago BMO:

2 days ago Other News: SFIX: -27% at 2.72;

Thursday 26 Sep 2024 Morning Notes

No trades of note yesterday and I won't be around this morning either.

Yesterday AMC: MU
Today BMO: ACN

Other News:

Follow through names to watch:

GAINERS:
MU: +18% at 112.50;
LUV: +6% at 30 on guidance;
ACN: +5% at 354;

LOSERS:

Follow through watch:

Day before Y'day AMC: SFIX
Yesterday BMO:

Y'day Other News: SFIX: -27% at 2.72;

2 days ago AMC:
2 days ago BMO:

2 days ago Other News: SMAR to be acquired by Blackstone and Vista Partners for $56.50 cash with deal expected to close in Q4; China names all popping on news of aggressive stimulus package;