Friday 07 Feb 2025 Morning Notes

Closed my ill-fated FMC for -34%, who would have guessed? However, I flipped a larger-sized straddle in HON for +19% offsetting the majority of the FMC losses. Then 5 minutes after I closed the trade it ran for an additional +40%, so damn typical. I liked the straddle so much in HON that I went back to the well and bot the 207.50 straddle for 3.30, with a b/e of +/- 1.56%. The stock had dropped 3.3% from 1015 to 1100 am alone, so I liked my odds on the 2nd one as well. I was able to flip that less than 75mins later for +20%. I also tacked on some cheap 215/222.5 1x2 call spreads for 5cents, then flipped 1/3rd of the position to establish the remainder for a small credit. I figured if it climbed back toward where it opened at 215, I could flip those for some easy cash. Then at the EOD, I bot the HON 210 straddle for $2.25, a breakeven of +/- 1.1% which I think is too cheap given the earnings move of -5.5%, nevermind the OHLC candle put in on the day.

Yesterday AMC: AFRM, AMZN, BILL, CLSK, ELF, EXPE, FTNT, ILMN, MCHP, NET, PINS, TTWO
Today BMO: CBOE, PAA

Other News:

Follow through names to watch: HON, ALGN, COHR, LLY, PM, RBLX,

GAINERS:


LOSERS:


Follow through watch:

Day before Y'day AMC: AFL, ALGN, ARM, COHR, F, MCK, MET, MSTR, QCOM, SU, SYM, VKTX
Day before Y'day BMO: AZN, BMY, BTU, COP, GOOS, HON, HSY, K, KVUE, LLY, MT, PM, PTON, RBLX, TPR, UAA

Y'day Other News:

2 days ago AMC: AMD, AMGN, CMG, EA, ENPH, GOOG, GOOGL, LUMN, MDLZ, MTCH, SNAP, SPR
2 days ago BMO: ACB, BSX, CPRI, DIS, EMR, FI, HOG, NVO, UBER

2 days ago other news:

Thursday 06 Feb 2025 Morning Notes

My only trade of note yesterday was an ill-fated straddle in FMC. Given the -36% gap open move, I figured it could easily go for +/- 10% on the day, and I was wrong. Whiff!

Yesterday AMC: AFL, ALGN, ARM, COHR, F, MCK, MET, MSTR, QCOM, SU, SYM, VKTX
Today BMO: AZN, BMY, BTU, COP, GOOS, HON, HSY, K, KVUE, LLY, MT, PM, PTON, RBLX, TPR, UAA

Other News:

Follow through names to watch: OMI

GAINERS:


LOSERS:


Follow through watch:

Day before Y'day AMC: AMD, AMGN, CMG, EA, ENPH, GOOG, GOOGL, LUMN, MDLZ, MTCH, SNAP, SPR
Day before Y'day BMO: ACB, BSX, CPRI, DIS, EMR, FI, HOG, NVO, UBER

Y'day Other News:

2 days ago AMC: CLX, NXPI, PLTR
2 days ago BMO: ADM, APO, CNC, EL, EPD, FOXA, KKR, MPC, MRK, PEP, PFE, PYPL, REGN, SPOT, UBS

2 days ago other news

Wednesday 05 Feb 2025 Morning Notes

Flipped a 100/105 call spread in PLTR for peanuts after being up better than +20% in the position, so it goes. Sold a bunch of strangles/puts on EL yesterday following the drop and IV ramp. Bot many of the positions back for a good profit, relatively smaller sized.. I like to be undersized when short vol.

Yesterday AMC: AMD, AMGN, CMG, EA, ENPH, GOOG, GOOGL, LUMN, MDLZ, MTCH, SNAP, SPR
Today BMO: ACB, BSX, CPRI, DIS, EMR, FI, HOG, NVO, UBER

Other News:

Follow through names to watch: OMI

GAINERS:


LOSERS:


Follow through watch:

Day before Y'day AMC: CLX, NXPI, PLTR
Day before Y'day BMO: ADM, APO, CNC, EL, EPD, FOXA, KKR, MPC, MRK, PEP, PFE, PYPL, REGN, SPOT, UBS

Y'day Other News:

2 days ago AMC:
2 days ago BMO:

2 days ago other news:

Tuesday 04 Feb 2025 Morning Notes

No trades of note yesterday as I was scouting the tariff fall out, but didn't find anything that I was interested in.

Yesterday AMC: CLX, NXPI, PLTR
Today BMO: ADM, APO, CNC, EL, EPD, FOXA, KKR, MPC, MRK, PEP, PFE, PYPL, REGN, SPOT, UBS

Other News:

Follow through names to watch: OMI

GAINERS:


LOSERS:


Follow through watch:

Day before Y'day AMC:
Day before Y'day BMO:

Y'day Other News:

2 days ago AMC: AAPL, DECK, INTC, PPG, TEAM, V, X
2 days ago BMO: ABBV, CHTR, CL, CVX, PSX, XOM

2 days ago other news:

Monday 03 Feb 2025 Morning Notes

Flipped a straddle in VRTX for some quick cash on Friday, returning +45% in something like 15 minutes.

Yesterday AMC:
Today BMO:


Other News:

Follow through names to watch:

GAINERS:


LOSERS:


Follow through watch:

Day before Y'day AMC: AAPL, DECK, INTC, PPG, TEAM, V, X
Day before Y'day BMO: ABBV, CHTR, CL, CVX, PSX, XOM

Y'day Other News:

2 days ago AMC: CLS, IBM, LRCX, LVS, META, MSFT, NLY, NOW, TSLA, URI, WDC, WOLF
2 days ago BMO: BX, CAH, CAT, CI, CMCSA, DOW, IP, LUV, MA, MBLY, MO, NOK, PHM, SHEL, SIRI, TMO, TSCO, UPS, VLO

2 days ago other news: