Monday 16 Oct 2023 Morning Notes

It's Oct monthly opex week, here already! Earnings ramp up in a big way this week with close to 35 names with weeklys reporting. I tried flipping some SAVA 12 puts on Friday but they went nowhere and I flipped for a small loss before stock reversed higher. Given that it had traded as low as 8 in the pre-mkt, thought the odds of a reversal were worth the cheap bet. Also traded a short DPZ 345/350/355 butterfly that I sold for 2.35 and covered at 1.80 2hrs later. Given the stock moves on the day, it seemed like a good bet.

Yesterday AMC:
Today BMO: SCHW

Other News:

Follow through names to watch: SAVA, DG, BDC

GAINERS:


LOSERS:


Follow through watch:

Day before Y'day AMC:
Yesterday BMO: BLK, C, JPM, PNC, UNH, WFC

Y'day Other News: EH: +46% at 25 on China news, not sure what the deal is with this ticker;
DG: +8% 110 on mgmt change; OM: -42% at 3.95 on guidance; SAVA: -30% on investigative report by authorities; BDC: -17% at 79 on guidance; JD: -4% on executive arrest rumors, gotta love China!

2 days ago AMC:
2 days ago BMO: DAL, DPZ, WBA

2 days ago Other News: