Wednesday, December 13, 2023

Wednesday 13 Dec 2023 Morning Notes

Sold a bunch of January $9 strike puts in MBI to offset a portion of my cost of my Jan '25 $8 strike puts in a bit of a diagonal... will be interesting to see how that works out for me. Certainly has the potential to singe my eyebrows should this drop to $9.01 by Jan '24 opex.

Yesterday AMC:
Today BMO:

Other News:

Follow through names to watch: M, CI,

GAINERS:
STTK: +115% at 4.53 on drug news;
CCCC: +40% at 3.30 on drug news;
PLAB: +8% at 23.40 on earnings;
ABM: +7% at 47.60 on earnings;
TTWO: +2.8% at 161.52 on index inclusion;

LOSERS:
PFE: -7% at 26.50 on guidance;
MRNA: -3.5% at 75.30 on PFE sympathy;

Follow through watch:

Day before Y'day AMC:
Yesterday BMO:

Y'day Other News:

2 days ago AMC: AVGO, DOCU, LULU, RH
2 days ago BMO:

2 days ago Other News: M: +16% at 20.16 on potential M&A bid; CI: +14% at 295 on scrapping HUM merger and instituting buyback (of course); HOLI: +9.7% at 24.90 on M&A, $26.50 cash deal; COGT: -49% at 4.35 on biotech stuff; SE: -10% at 36 on TikTok something or other;

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