Wednesday, August 16, 2023

Wednesday 16 Aug 2023 Morning Notes

Tried to call a bottom/vol top in HE only to get my face chewed off a bit. Thankfully I decided to bail prior to my face beginning to get ripped off. I've made 95% of my options money by being long volatility, yet the siren song of short vol calls my name... though sometimes IV rips so hard I have to just dip my toes in, can't help myself.

Yesterday AMC: NU; CAVA, COHR, DLO, HRB, LRN
Today BMO: JD, TGT, TJX, ZIM,

Other News: DLO rips 30%, had seen some highly suspect bullish otm call positioning leading up to #s;

Follow through names to watch: HE, X,

GAINERS:


LOSERS:


Follow through watch:

Day before Y'day AMC:
Yesterday BMO: CAH, HD, JMIA, ONON, SE

Y'day Other News:

2 days ago AMC:
2 days ago BMO: JKS

2 days ago Other News: CLF makes a bid for X; AMC gets rocked after court signs off on AMC being essentially diluted to death; X: +28% at 29 on CLF $35/share bid in cash and stock; CLF: +1% at 14.08 on X bid, had traded as low as -8% down in pre-mkt; AMC: -38% at 3.25;

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