Looking like I might get April-fooled in my post-earnings BNTX 172.50 straddle that I picked up for $7.00. Stock has been a post-earnings beast, and it went nowhere yesterday. Though I did trade the WBA 45.50 straddle and flipped that for a quick 30%. I also traded the CLVS 2.5/3/4 skip-strike 1x2, though the math breaks down to 1x1x1. Established that for 0.03 cents, flipped half for 7 cents covering the cost of the trade plus a small profit, left the remainder on for free.
Yesterday AMC:
Today BMO:
Other News:
Follow through names to watch: WBA
GAINERS:
LOSERS:
Follow through watch:
Day before Y'day AMC:
Yesterday BMO: WBA
Y'day Other News: PATH knocked on earnings;
2 days ago AMC: CHWY, LULU, MU, RH, SNDL
2 days ago BMO: BNTX, FIVE,
2 days ago Other News:
Using options to trade single stock volatility in narrow time frames.. and if you aren't spreading volatility, you're doing it wrong
Friday, April 1, 2022
Friday 01 April 2022 Morning Notes
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