Friday, April 3, 2020

Fri 03 Apr 2020 Morning Notes

Ate a -28% loss yesterday in a loathsome WBA straddle. I can't believe how little it move yesterday, but they can't all be zingers. However, my NCLH Apr 9/6 1x2 ratio put spread will most likely be a homerun, barring an act of congress... literally. 

Earnings: Yesterday AMC: CHWY, PLAY
Today BMO: STZ

Other News:

Follow Through Names to Watch: Oil names after Trumpelstiltskin pumped the market yesterday, sending margin calls out to anyone short oil

GAINERS:

LOSERS:

FLAT:

Follow through watch:

Day before Y'day AMC: PVH
Yesterday BMO: KMX, WBA

Y'day Other News: 

2 days ago AMC: BB
2 days ago BMO:  

2 Day Old News: C

TT Track of the Day: Nine Inch Nails - Wish

Thursday, April 2, 2020

Thurs 02 Apr 2020 Morning Notes

It was good to see my AMRN weekly straddle run for a healthy win yesterday.. after I already closed it for a loss. Typical!

Earnings: Yesterday AMC: PVH
Today BMO: KMX, WBA

Other News:

Follow Through Names to Watch: 

GAINERS:

LOSERS:

FLAT:

Follow through watch:

Day before Y'day AMC: BB
Yesterday BMO:

Y'day Other News: 

2 days ago AMC: CRON, RH
2 days ago BMO: CAG

2 Day Old News: Cruise lines tanking again, all down over 10% in the pre-mkt; CAG: +4.5% at 29.50 AMRN: -70% at 4.25 on patent ruling; RH: -14% at 101.65;s CCL: -13% at 11.10 on stock offering; RETA: -9% at 147 on guidance;

TT Track of the Day: Mad Season - River of Deceit, seems like an appropriate track for the times of strife and whoa

Wednesday, April 1, 2020

Wed 01 Apr 2020 Morning Notes

So much for the market holding firm at 260, down 3.5% here at 247.50, I'll be stunned if we aren't sub 200 at some point.

Earnings: Yesterday AMC: BB
Today BMO:

Other News:

Follow Through Names to Watch: 

GAINERS:

LOSERS:

FLAT:

Follow through watch:

Day before Y'day AMC: CRON, RH
Yesterday BMO: CAG

Y'day Other News: Cruise lines tanking again, all down over 10% in the pre-mkt; CAG: +4.5% at 29.50 AMRN: -70% at 4.25 on patent ruling; RH: -14% at 101.65;s CCL: -13% at 11.10 on stock offering; RETA: -9% at 147 on guidance;

2 days ago AMC:
2 days ago BMO: CALM

2 Day Old News: Market dropping a bit lower this morning after an epic +20% rally over the past 3 days.

TT Track of the Day: Metroid's "Kraid's Lair" theme, played by my favorite videogame coversong artist, Lara

Tuesday, March 31, 2020

Tues 31 Mar 2020 Morning Notes

Market holding firm at 260 these past few sessions, with implied volatility cooling from a peak of over 80% to a mark of around 57% now. Front months remain bid higher than back months, generally a positive for VXX

Earnings: Yesterday AMC: CRON, RH
Today BMO: CAG

Other News: Cruise lines tanking again, all down over 10% in the pre-mkt;

Follow Through Names to Watch: 

GAINERS:
CAG: +4.5% at 29.50

LOSERS:
AMRN: -70% at 4.25 on patent ruling;
RH: -14% at 101.65;s
CCL: -13% at 11.10 on stock offering;
RETA: -9% at 147 on guidance;


FLAT:

Follow through watch:

Day before Y'day AMC:
Yesterday BMO: CALM

Y'day Other News:

2 days ago AMC: GME, KBH, LULU, OXM
2 days ago BMO

2 Day Old News: Market dropping a bit lower this morning after an epic +20% rally over the past 3 days.

TT Track of the Day: The Cure - Burn, from The Crow soundtrack

Monday, March 30, 2020

Monday 30 Mar 2020 Morning Notes

Friday afternoon I put on what will most likely be my favorite trade of the year, despite not making a dime on it.. I was able to put on about 160 far OTM put spreads in BA for free heading into the last 1.5hrs of trade. Literally a no-risk trade with immense positive convexity. A long odds trade, but the price was right!

Earnings: Yesterday AMC:
Today BMO: CALM

Other News: Cruise lines tanking again, all down over 10% in the pre-mkt;

Follow Through Names to Watch: 

GAINERS:

LOSERS:

FLAT:

Follow through watch:

Day before Y'day AMC: GME, KBH, LULU, OXM
Yesterday BMO:

Y'day Other News: Market dropping a bit lower this morning after an epic +20% rally over the past 3 days.

2 days ago AMC: MU
2 days ago BMO: CSIQ, SIG

2 Day Old News:  WORK reported record number of signups with everyone working from home these days; CAKE stated that it won't be able to pay for its leases in April, though I think pretty much every restaurant is in that camp

TT Track of the Day: Marilyn Manson - Seizure of power, need something macabre given the times