Thurs 06 Aug 2020 Morning Notes

Tacked on a bunch more OTM spreads/ratios either for free, or small credits. Collected $180 *buying* long put spreads in two different names, somewhat stunning that's even possible in the age of algos. Obviously, the algos everyone talks about as being unbeatable, actually kind of suck. But I've known that for a while, based on some of my straddle fills over the years.

Won't be hanging around long after the open, feels like a family summer lake day. 

Earnings: Yesterday AMC: CF, CTL, CVNA, ETSY, FISV, FSLY, INFN, MET, OLN, ROKU, SPWR, SQ, WDC, ZNGA
Today BMO: BDX, BHC, BMY, CAH, CNP, CRON, HFC, LNG, MYL, NCLH, PENN, PZZA, VIAC, WIX, YETI, ZTS

Other News:

Follow Through Names to Watch: TDOC, DIS, TWLO, WW, W

GAINERS:
DNLI: +41% at 32.75 on drug news/BIIB investment;
APPS: +21% at 19.71, call OI stacked into this report w/5x call:puts;
VSTO: +17% at 21.50, call OI stacked into this report w/10x call:puts;
BHC: +14% at 22.15;
YETI: +5% at 54;

LOSERS:
FSLY: -19% at 88.50;
APRN: -18% at 9.31 on offering;
WIX: -15% at 265; 
WDC: -11% at 39.50;
BDX: -6% at 266;

FLAT:

Follow through watch:

Day before Y'day AMC: ANET, ATVI, BYND, DIS, DVN, FOXA, MCHP, MNST, MTCH, NKLA, PAA, PXD, TWLO, WW, WYNN
Yesterday BMO: ABC, CPRI, CVS, HUM, LL, MRNA, REGN, SSYS, TEVA, W

Y'day Other News: TDOC -6% to merge w/LVGO +7% in $18.5b deal; NVAX: +20% at 189 on drug data; LPSN: +16% at 54 on earnings; SQ: +12% at 153.24; CPRI: +11% at 15.55; MTCH: +7% at 117; DIS: +5% at 122.30; VAPO: -27% at 38.39 on earnings; NEWR: -22% at 57 on earnings; NKLA: -12% at 32.08; MCHP: -7% at 100;  WW: -5.55 at 25.38; TWLO: -5% at 271.80;

2 days ago AMC: AIG, CLR, CRUS, KLAC, MOS, RNG, RRC, SPCE, THC, TTWO, WMB
2 days ago BMO: AMRN, BP, CYBR, EMR, KKR, MNK 

2 Day Old News: MOS: +7.5% at 14.70;TTWO: +4% at 174; DBVT: -35% at 2.64 on FDA news, I'm old enough to remember when this was getting pumped by big outlets as being a sure bet, lol; MNK: -34% at 1.49 on Ch 11 talk; SPCE: -9% at 21.90 on earnings/offering; THC: -5.3% at 25; DEO: -4% at 142 on earnings, STZ potential sympathy;

TT Track of the Day: Primus - Holiday in Cambodia cover, wish I was there for this one!