Friday 06 Dec 2024 Morning Notes

Flipped a straddle in FI yesterday from 4.60 to $5.60. The bigger news is that I took some cash off the table in my retirement accounts from the stock market, a position I've largely been long on for the past 16 years. I plan on putting the proceeds into Bassman's MBS fund paying a 6% dividend. Everyone and his cousin thinks the market is going higher. I'm wondering if this is similar to everyone and his cousin believing inflation was "transitory".

Yesterday AMC: ASAN, DOCU, GTLB, HPE, IOT, LULU, PATH, ULTA
Today BMO:

Other News: AMC drops on share offering, how many times does this have to happen before AMC longs learn they own complete garbage??

Follow through names to watch: FI

GAINERS:

LOSERS:

Follow through watch:

Day before Y'day AMC: AEO, S
Day before Y'day BMO: CSIQ, DG, KR, SIG,

Y'day Other News:

2 days ago AMC: CPB, CRM, OKTA, MRVL
2 days ago BMO: CHWY, DLTR, HRL, FL

2 days ago other news: LUNR: -18% at 11.50; FL: -15% at 20.43; CHWY: -7% at 31.32; CPB: -5% at 43.32; HRL: -2% at 31.15; MRVL: +16% at 111.73; OKTA: +13% at 92.50; CRM: +10% at 367.50; ROKU: +6% at 80.30;

Thursday 05 Dec 2024 Morning Notes

Had to run yesterday morning so I didn't trade much, flipped a ratio spread in OKTA and a ratio spread in MRVL for some quick cash, then watched as both ran for big $.. as is tradition.

Yesterday AMC: AEO, S
Today BMO: CSIQ, DG, KR, SIG,

Other News:

Follow through names to watch:

GAINERS:

LOSERS:

Follow through watch:

Day before Y'day AMC: CPB, CRM, OKTA, MRVL
Day before Y'day BMO: CHWY, DLTR, HRL, FL

Y'day Other News: LUNR: -18% at 11.50; FL: -15% at 20.43; CHWY: -7% at 31.32; CPB: -5% at 43.32; HRL: -2% at 31.15; MRVL: +16% at 111.73; OKTA: +13% at 92.50; CRM: +10% at 367.50; ROKU: +6% at 80.30;

2 days ago AMC: CLSK, ZS
2 days ago BMO: PLCE

2 days ago other news: NVCR: +30% at 26 on drug news; SMCI: +15% at 37 after BoD finds no evidence of fraud; INTC: +3% at 24.75 on CEO retiring;

Wednesday 04 Dec 2024 Morning Notes

No real trades of note other than an INTC long 24.5c, short 1x 26c, short 1x 26.5c for .49 on Monday that I bricked out of for 0.08 when INTC reversed bigly. Not content with ending on that note, I bot the T 23.5/23 1x2 put spread for 0.06. Looking for it to settle around 23 by end of wk. I also bot a few of the JOBY wkly 7 puts looking for a continued downward move following the CFO stepping down. The stock was up 50% in 8 days so the 7 puts seemed like a good target for the junk company on the news... however, it's a stonk and I got stonked.

Yesterday AMC: CPB, CRM, OKTA, MRVL
Today BMO: CHWY, DLTR, HRL, FL

Other News:

Follow through names to watch:

GAINERS:
MRVL: +16% at 111.73;
OKTA: +13% at 92.50;
CRM: +10% at 367.50;
ROKU: +6% at 80.30;

LOSERS:
LUNR: -18% at 11.50;
FL: -15% at 20.43;
CHWY: -7% at 31.32;
CPB: -5% at 43.32;
HRL: -2% at 31.15;

Follow through watch:

Day before Y'day AMC: CLSK, ZS
Day before Y'day BMO: PLCE

Y'day Other News:

2 days ago AMC: ADSK, AMBA, CRWD, DELL, HPQ, IREN, JWN, URBN, WDAY
2 days ago BMO:

2 days ago other news: NVCR: +30% at 26 on drug news; SMCI: +15% at 37 after BoD finds no evidence of fraud; INTC: +3% at 24.75 on CEO retiring;

Monday 02 Dec 2024 Morning Notes

Managed to squeak out of my SYM position for a small profit, had to run for Thanksgiving related activities so I didn't want to sit on it.. then watched as the position ran for +75%. Earnings season is winding down with only 20 or so names with weeklys reporting this week.

Yesterday AMC:
Today BMO:

Other News:

Follow through names to watch: SYM, SMCI

GAINERS:
NVCR: +30% at 26 on drug news;
SMCI: +15% at 37 after BoD finds no evidence of fraud;
INTC: +3% at 24.75 on CEO retiring;

LOSERS:

Follow through watch:

Day before Y'day AMC:
Day before Y'day BMO:

Y'day Other News:

2 days ago AMC: ADSK, AMBA, CRWD, DELL, HPQ, IREN, JWN, URBN, WDAY
2 days ago BMO:

2 days ago other news:

Friday 29 Nov 2024 Morning Notes

Put on my largest weekly straddle of the year in SYM following the -33% hammering it took in the pre-mkt on Wednesday. The straddle was going for +/- 8.8%, which seemed cheap given the move it had made. Unfortunately, I pressed for more when I was up immediately off the bat and near noon when I could have flipped for +30% and now it's shaping up to be my biggest brick of the year. So damn typical! Also, I guarantee that next week on Monday it ends up moving |20%|

Yesterday AMC:
Today BMO:

Other News:

Follow through names to watch: DELL, IREN, SYM

GAINERS:

LOSERS:

Follow through watch:

Day before Y'day AMC: ADSK, AMBA, CRWD, DELL, HPQ, IREN, JWN, URBN, WDAY
Day before Y'day BMO:

Y'day Other News:

2 days ago AMC:
2 days ago BMO: ADI, ANF, BBY, BURL, DKS, KSS

2 days ago other news: SAVA: -84% at 4.20 on drug news;