Monday 10 Aug 2020 Morning Notes

I think this week I'm going to make a concerted effort to focus on ratios instead of straddles. Tough decision for me, since straddles have treated me so well over the years but the risk/reward on a well traded ratio greatly exceeds that of even the best straddle. I'm really beginning to winnow down the names I'm remotely interested in trading too, makes things a bit easier to focus on in the morning.

Earnings: Yesterday AMC:
Today BMO: CGC, GOLD, MAR, MELI, RCL, SAGE, SEAS;

Other News:

Follow Through Names to Watch: WIX, FSLY, CVNA, PENN, BHC, ROKU

GAINERS:
CGC: +12% at 18.80;
MGM: +13% at 21.50 on $1b investment from IAC;
FL: +10% at 30 on guidance, earnings next wk;

LOSERS:
KODK: -30% at 10 on $750m in cash money gov't gift being halted for review;
RETA: -28% at 110 on earnings;

FLAT:

Follow through watch:

Day before Y'day AMC: AAOI, AMC, BKNG, CZR, DISH, DBX, DDOG, ED, EOG, FSLR, GRPN, HLF, ILMN, LVGO, OLED, STMP, TMUS, TRIP, TTD, UBER, VXRT, YELP, Z
Yesterday BMO: CSIQ

Y'day Other News: GRPN: +31% at 21.60; STMP: +17% at 307; Z: +15% at 82; AAOI: +13% at 17.08; BIIB: +12% at 310 on drug news; FSLR: +5.5% at 68; AYX: -22% at 131 on earnings; ILMN: -14% at 342; OLED: -8.6% at 170; DDOG: -8% at 83; DBX: -5.5% at 2;

2 days ago AMC: CF, CTL, CVNA, ETSY, FISV, FSLY, INFN, MET, OLN, ROKU, SPWR, SQ, WDC, ZNGA
2 days ago BMO: BDX, BHC, BMY, CAH, CNP, CRON, HFC, LNG, MYL, NCLH, PENN, PZZA, VIAC, WIX, YETI, ZTS

2 Day Old News: DNLI: +41% at 32.75 on drug news/BIIB investment; APPS: +21% at 19.71, call OI stacked into this report w/5x call:puts; VSTO: +17% at 21.50, call OI stacked into this report w/10x call:puts; BHC: +14% at 22.15; YETI: +5% at 54; FSLY: -19% at 88.50; APRN: -18% at 9.31 on offering; WIX: -15% at 265;  WDC: -11% at 39.50; BDX: -6% at 266;

TT Track of the Day: Sending it back truly old school, The Royal Teens - Short Shorts