AMC "stonk hodlers" getting lumps of coal for Christmas as stock tanks 25% on reverse stock split and dilution news. Has long been an absolute clownfest over there.
Picked up a "ratio ratio" in CCL yesterday.. buying the Jan 7 puts, selling 1x both of the 6.5 puts and 6 puts.. then going 2x size and buying the 5.5 puts, selling 1x both of the 5 puts and 4.5 puts. This was established for a small credit, but will make solid gains with CCL between 7 and 4 by January monthly opex.
I also opened a 1x3 weekly call ratio in BB, buying the 4 calls and selling the 4.5 calls, established for even $ I'll make money with stock between 4 and 4.75, doesn't look promising now but it didn't cost me anything.
Yesterday AMC: MU
Today BMO: KMX
Follow through names to watch: NKE, FDX
Follow through watch:
Day before Y'day AMC: BB, FDX, NKE
Yesterday BMO: CCL, RAD
Y'day Other News:
2 days ago AMC:
2 days ago BMO:
2 days ago Other News: