I may have marked the short term bottom in cruiselines, hah. Yesterday at the close I put on a ratio put spread in NCLH buying the March 10 puts then selling 2x the Mar 5 puts for a net debit of .90. Of course, the stock is now rallying 25% in the pre-mkt. Long term prospects have this at about $1.00.
Market is rallying overall, popping close to 6% with the SPY at 262.50. Quite the turnaround from when it hit 242 last night in extended hours.
Earnings: Yesterday AMC: WPM;
News: Cruise lines absolutely ripping this morning, up 20-30% apiece (compare that line to yesterday, lol)
Follow Through Names to Watch:
Follow through watch:
Day before Y'day AMC: WPM;
Yesterday BMO: DG; GCO, WUBA
Other News: Cruise lines getting absolutely thrashed this morning, down 20-30% apiece.
2 days ago AMC: CLDR, PETQ, KFY, CCXI, CNST
2 days ago BMO: PDD
Day Old News:
Track of the Day: K
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