Thursday 22 May 2025 Morning Notes

I flipped a straddle in TJX for a small loss yesterday. It was actually a great straddle buy given how long I held it for vs. how little I lost in it on a relative basis. I've had worse straddle buys where I made money but were bad trades. This was a good trade that didn't pan out.

Yesterday AMC: SNOW, URBN
Today BMO: AAP, ADI

Other News:

Follow through names to watch: WOLF, CRWV, VFC, UNH, TGT

GAINERS:
NVTS: +163% at 5.02 on NVDA partnership, lots of call buys into this one; 

AAP: +34% at 42.31; 

URBN: +18% at 70.71; 

SNOW: +7.8% at 193; 

LOSERS:

Follow through watch:

Day before Y'day AMC: PANW, XP
Day before Y'day BMO: BIDU, GOOS, LOW, MDT, TGT, TJX, VFC

Y'day Other News: WOLF: -63% at 1.15 on bankruptcy, massive put buys into this news yesterday; VFC: -14% at 12.28; TGT: -7% at 91.40;

2 days ago AMC:
2 days ago BMO: BILI, HD, NBIS

2 days ago other news: QBTS: +18% at 15.57 on computing news; AS: +12% at 35.25 on earnings; MGNI: +11% at 17 on partnership with AMZN;