Feb 9 Morning Notes

The SPY is trading lower at 204.63 after closing Friday near the LOD at 205.55.

Here's what I'm watching today:

ANF is down 5% in the pre-mkt with 6300 shares trading after having its price target slashed to 17 at Wunderlich.

ACHN is up 12.5% this morning on some positive data after a phase 2 trial achieved its primary endpoint. It has been trading between 11.70 and 12.35 in the pre-mkt after closing at the LOD 10.82 on Friday. The weekly straddle was pricing a move of $1.00 (9.2%) on Friday's close.

HAS is up 4.2% on 43k shares traded after posting earnings this AM.

RGLS is getting smoked this morning, down 15% on 205k shares traded. 

SOHU is down 7% in the pre-mkt after posting disappointing earnings on light volume of 3600 shares traded. There's no weeklys available and no real OI in any of the Feb strikes.

CYOU is down 2.5% in the pre-mkt after posting earnings and has only seen 850 shares traded. There's no weeklys available and no real OI in any of the Feb strikes.