Tuesday, May 19, 2020

Wednesday 20 May Morning Notes

Closed out the ACB puts I sold to open on Monday, didn't come close to top ticking them but cashed out approximately 65% of my potential max gain on them, not bad on a 1 day hold. I knew I'd regret not buying them back on the open with the stock around 19.

Earnings: Yesterday AMC: NTES, URBN;

Other News: LK opens back up for trade, will be getting delisted; Intelsat begins trading as INTEQ; 

Follow Through Names to Watch: BIDU, IQ, GSX, WB, KSS, SPOT, SHOP

INO: +16% at 16.95, on drug data;
ADI: +5.3% at 112;
LOW: +4.2% at 121.75;

LK: -42% at 2.55, will be getting delisted;
FSCT: -14% at 18.10, continuing lower after deal falls through;
URBN: -4% at 17.20;


Follow through watch:

Day before Y'day AMC: BIDU, IQ;
Yesterday BMO: AAP, HD, KSS, SINA, WB, WMT;

 Y'day Other News: Bunch of offerings announced AMC: CVNA, MRNA, NVAX, CLVS; Intelsat, JCP and LK are all now delisted;

2 days ago AMC: 
2 days ago BMO: SE

2 Day Old News:MRNA: +26% at 83, on promising Covid data; FSCT: -25% at 22.25, after deal falls through. 6k June 30 puts hit pay dirt; GSX: -15% at 30, on MuddyWaters short report, Citron has called this out as well; 

TT Track of the Day: Godsmack - Keep Away, surprised I haven't featured a Godsmack song yet. Great track!

No comments:

Post a Comment