Thurs 16 Apr 2020 Morning Notes

Ran around yesterday throwing on some dirt cheap, but far OTM wkly spreads on catalyst-type names. The risk-reward is unbeatable, even with the tremendously low odds.

Earnings: Yesterday AMC: BBBY; LAKE
Today BMO: ABT, BK, BLK, KEY, MS, RAD, SON, TSM;  

Other News:

Follow Through Names to Watch: Banks, TRIP, 

GAINERS:
RCUS: +45% at 22 on GILD deal;

LOSERS:


FLAT:

Follow through watch:

Day before Y'day AMC: JBHT
Yesterday BMO: BAC, C, GS, PGR, PNC, SCHW, UNH

Y'day Other News:  AAL, DAL, UAL all popping on treasury headlines; TDOC out with preliminary #s; TRIP ripped 7% during mkt hours on possible takeover speculation;


2 days ago AMC: 
2 days ago BMO: JPM, JNJ, WFC, FAST,

2 Day Old News: During market hours, Citron tweeted about going short GSX, comparing it Luckin'. IV ripped in the name, with 50% OTM puts marked near 500% IV; ROKU: +12% on viewing numbers; GME is up nearly 100% in 10 days, stunning. Not sure how that company still exists. Yesterday was an absolute ripfest in some former momo names CVNA, TSLA, PTON, ZM - all up over +10%;

TT Track of the Day: Staind - the price to play, haven't heard this song in years but it was in my head this morning when I woke up. Must be a good sign, love this song