Monday 30 Jan 2023 Morning Notes

Friday's day of trade was a bit like some old school trading for me.. Flipped 3 different straddles for decent bucks. Flipped the CHTR 405 straddle, the OLN 59 straddle, (sold far too soon on that one!), and I bot the NOC 435 straddle w/2hrs left in the trading day and flipped that for some quick cash.

This will be another relatively busy week with earnings. We'll see how this week goes. All I know is that this January is starting off a lot like my January of 2022, absolutely killing it. However, I mostly spun my tires in the sand for the remainder of 2022, which was incredibly frustrating... but my options trades still outperformed the overall market by a wide margin.

Yesterday AMC:
Today BMO: SOFI

Other News:

Follow through names to watch: BZFD, INTC, KLAC, CHTR, OLN

GAINERS:


LOSERS:


Follow through watch:

Day before Y'day AMC: INTC, KLAC, OLN, V, WY
Yesterday BMO: AXP, CHTR, CL, CVX

Y'day Other News:

2 days ago AMC: CSX, IBM, LRCX, LVS, NOW, STX, TSLA, URI,
2 days ago BMO: AAL, ADM, BX, CMCSA, DOW, JBLU, LUV, MA, NOC, NOK, NUE, TSCO, VLO

2 days ago Other News:

Friday 27 Jan 2023 Morning Notes

No trades of note yesterday, daughter was sick so my attention was elsewhere... BBBY skip-strike put ratio spread is looking solid after the 34% stock drop yesterday. Absolutely can't believe people go long that stock with a straight face.

Yesterday AMC: INTC, KLAC, OLN, V, WY
Today BMO: AXP, CHTR, CL, CVX

Other News:

Follow through names to watch: BZFD, STX, TSLA, NOC, URI

GAINERS:


LOSERS:


Follow through watch:

Day before Y'day AMC: CSX, IBM, LRCX, LVS, NOW, STX, TSLA, URI
Yesterday BMO: AAL, ADM, BX, CMCSA, DOW, JBLU, LUV, MA, NOC, NOK, NUE, TSCO, VLO
Y'day Other News:

2 days ago AMC: COF, FFIV, ISRG, MSFT, TXN,
2 days ago BMO: ABT, ADP, ASML, BA, ELV, FCX, GD, HES, KMB, NSC, T, USB

2 days ago Other News:

 

Thursday 26 Jan 2023 Morning Notes

My only trade yesterday was an ISRG straddle flip for peanuts that washed out a FIS March 70 put that I had flipped for a "peanuts" loss.. I bot it on Friday looking to fade what I suspected was an overly ambitious bid expecting a deal on Monday. When the stock didn't drop as much as I expected, I looked to bail on it. There wasn't much IV risk in the FIS put, so no complaints on the trade and I would take it again.

Yesterday AMC: CSX, IBM, LRCX, LVS, NOW, STX, TSLA, URI
Today BMO: AAL, ADM, BX, CMCSA, DOW, JBLU, LUV, MA, NOC, NOK, NUE, TSCO, VLO

Other News:

Follow through names to watch: W

GAINERS:


LOSERS:


Follow through watch:

Day before Y'day AMC: COF, FFIV, ISRG, MSFT, TXN,
Yesterday BMO: ABT, ADP, ASML, BA, ELV, FCX, GD, HES, KMB, NSC, T, USB

Y'day Other News:

2 days ago AMC:
2 days ago BMO: DHI, DHR, GE, HAL, JNJ, LMT, MMM, RTX, UNP, VZ

2 days ago Other News:

Wednesday 25 Jan 2023 Morning Notes

My only trade yesterday was more short calls on W, this time the weekly 89 strike which was going for IV north of 200%. Playing with fire but had to call b.s. on it.

Yesterday AMC: COF, FFIV, ISRG, MSFT, TXN,
Today BMO: ABT, ADP, ASML, BA, ELV, FCX, GD, HES, KMB, NSC, T, USB

Other News:

Follow through names to watch: W

GAINERS:


LOSERS:


Follow through watch:

Day before Y'day AMC:
Yesterday BMO: DHI, DHR, GE, HAL, JNJ, LMT, MMM, RTX, UNP, VZ

Y'day Other News:

2 days ago AMC:
2 days ago BMO: SYF

2 days ago Other News:

Tuesday 24 Jan 2023 Morning Notes

I was in a jam for time yesterday so no blog post, my only trade was short W 65 and 70 calls on the stock pop and IV rip.. My BBBY 3/2/1 skip strike put ratio is up +30% now, I really liked that trade but lament how difficult it was to leg into.. Really wish it were easy to trade setups like that in larger size more easily

Yesterday AMC:
Today BMO: DHI, DHR, GE, HAL, JNJ, LMT, MMM, RTX, UNP, VZ

Other News:

Follow through names to watch: W

GAINERS:


LOSERS:


Follow through watch:

Day before Y'day AMC:
Yesterday BMO: SYF

Y'day Other News:

2 days ago AMC: NFLX, PPG,
2 days ago BMO: SLB

2 days ago Other News: