Friday, September 8, 2017

Friday Sept 9 Morning Notes

Earnings: Yesterday AMC: AOBC -15%
Today BMO: KR; EROS  

Other News: EFX getting smoked, down 14% after announcing that it's data had been breached and execs sold stock prior to public disclosure, #lulz; Closed out my KR straddle y'day for +18%, only to watch vol continue to rip throughout the day as call options got tagged presumably due to massive rise in short interest in the name. It sent the straddle from 1.40 to 2.10, a 50% increase since Tuesday.  

Follow Through Names to Watch: RH, CONN
 
GAINERS:

LOSERS:

Follow through watch:
Day before Y'day AMC: RH 
Yesterday BMO: CONN

Y'day Other News: RH just absolutely RIPPING in the pre-mkt. Earnings vol was marked at 270%, however it gapped up 38%, indicative of vol around 625%; MKM out w/AMZN note saying it could be worth 3.5x in 7-8 years; 

2 days ago AMC: HPE; HOME, PLAY, CASY, HQY, COUP
2 days ago BMO: FRED, GIII, HDS, JKS, NAV, FRAN
2 Day Old News: Someone shorted 118k FRAN puts on Aug 30 for .05-.10, stock could be testing that level this morning after posting earnings; SRPT popping 14% to 47.20 on positive DMD data; VXX off -2.7% this AM, I had considered a TM inspired trade y'day, selling the Oct 62/70 CS and buying the Oct 45/42 PS for .45. I didn't trade it, I'm guessing it's worth at least $1.00 right now.

TT Track of the Day: Circle Jerks - Don't Care/Live Fast, Die Young - love this track, "classic" punk

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