Sold a bunch of puts in GSX into the massive vol rip following a Citron short tweet. "The siren song of short vol lures another trader closer to the rocks of Margin Call Island". Puts are now 0 bid, but of course have to make it the next 3 days without getting Luckin'd.. though I may ratio it like I did IQ last week #ProMove
Earnings: Yesterday AMC: JBHT
Today BMO: BAC, C, GS, PGR, PNC, SCHW, UNH
Other News: AAL, DAL, UAL all popping on treasury headlines; TDOC out with preliminary #s;
Follow Through Names to Watch: GSX (obv), ROKU,
Follow through watch:
Day before Y'day AMC:
Yesterday BMO: JPM, JNJ, WFC, FAST,
Y'day Other 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%; Looking like my NCLH ratio spread will be a brick, true shame since it was up some decent money but I pressed for more and lost.
2 days ago AMC: WDFC
2 days ago BMO:
2 Day Old News: Cruiselines CCL NCLH RCL dropping on CDC ordering 100 day halt on them sailing (amazing they weren't already halted tbh); AMC dropping on bankruptcy talk; Oil names popping this morning;
TT Track of the Day: Cannot believe I haven't posted this one yet, Harvey Danger - Flagpole Sitta, my wife manages to confuse this song with itself, somehow.. I'd also argue that this song is quite apropos given the current world situation..