Thursday, August 25, 2022

Thursday 25 Aug 2022 Morning Notes

My only trade yesterday was the October 11/7/4 1x1x1 put spread (long the 11s, short the 7s and 4s) for 1.75 debit, trade was up 15% by end of day. Really wish it was easier to put that trade on in any kind of size.

Yesterday AMC: ADSK, CRM, NTAP, NVDA, SNOW, SPLK
Today BMO: ANF, BURL, COTY, DG, DLTR, GRAB, PTON

Other News:

Follow through names to watch:

GAINERS:
SNOW: +20% at 191.37;
ADSK: +8.7% at 233;
NTAP: +6% at 77.25;

LOSERS:
ANF: -13% at 16.26;
PTON: -12% at 11.83;
SPLK: -11.4% at 97.75;
BURL: -11% at 145.90
DLTR: -8% at 152;
CRM: -7% at 167.45;

Follow through watch:

Day before Y'day AMC: INTU, JWN, TOL, URBN
Yesterday BMO: WOOF


Y'day Other News: JWN: -15% at 19.60; WOOF: -6% at 14.68; BBBY: +27% at 11.15 on loan deal, probably a great time to buy longer dated put spreads; PTON: +10% at 12.32 on products in AMZN stores; INTU: +5.3% at 473.50;

2 days ago AMC: PANW, ZM
2 days ago BMO: DKS, JD, M, MDT, XPEV

2 days ago Other News:

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