Wednesday, April 24, 2024

Wednesday 24 April 2024 Morning Notes

The kids are on school break this week so I haven't bothered trying to trade, been mostly hanging with the kids.. can never get that time back! I did load up a bunch of DJT June 30-20-7.5 put butterflys for around $2.00 last week when the stock surged on a report of management going after "naked short sellers". Quite possibly the dumbest thing I have seen in years. 

Last week, I also closed out several of the short puts I had on PRI following the Bear Cave short report which sent IV soaring to around 400% in the April opex puts. I also added a 200/210 1x2 call ratio should stock reverse. I ended up flipping that position for +240%. Hat tip to the Bear Cave for the vol setup on that one. The options were pretty illiquid, which made exiting the call ratio a bit tricky. I had to buy to close the short calls, then I left a long 200/210 call spread on for both legs to get exercised over the weekend for max profit on the spread.

Yesterday AMC: ENPH, EQT, RRC, STX, TSLA, TXN, V
Today BMO: BA, BIIB, CME, CSTM, EDU, GD, HELE, HUM, LII, NSC, T, TMO, VRT

Other News:

Follow through names to watch:

Morning watchlist:

GAINERS:

LOSERS:

Follow through watch:

Day before Y'day AMC: CLF, NUE, ZION
Yesterday BMO: DHR, FCX, FI, GE, GM, HAL, JBLU, KMB, LMT, NEE, NEP, PEP, PHM, PM, RTX, SPOT, UPS

Y'day Other News:

2 days ago AMC:
2 days ago BMO: TFC, VZ

2 days ago Other News:

No comments:

Post a Comment