Thursday 26 October 2023 Morning Notes

Flipped a couple of ratio spreads yesterday in NSC and ADP for some OK cash. I was surprised that the IV in ADP didn't fade like I had expected it to in the weeklys. Also didn't help that the options were pretty illiquid, so I suppose there's that.

I don't plan on trading much this morning, so will have to get back after it tomorrow morning.

Yesterday AMC: ALGN, AR, EQT, IBM, KLAC, MAT, META, NLY, NOW, URI, VKTX, WHR
Today BMO: BMY, BSX, BTU, CMCSA, HOG, HON, HSY, IP, KVUE, LII,LUV, MA, MO, MPW, MRK, NEM, NOC, OSTK, RCL, STX, TSCO, UPS, VLO

Other News:

Follow through names to watch: GOOG, TMO,

GAINERS:
NOW: +6% at 562;

LOSERS:
ALGN: -23% at 196;
MAT: -13% at 17.49;
CMCSA: -6% at 40;
TSCO: -6% at 185.60;
WHR: -5% at 120;

Follow through watch:

Day before Y'day AMC: GOOG, GOOGL, MSFT, RRC, SNAP, TDOC, TXN, V, WM
Yesterday BMO: ADP, BA, CME, CSTM, DB, EDU, GD, HES, NSC, TMO, TMUS

Y'day Other News:

2 days ago AMC: CLF, NUE
2 days ago BMO: ADM, CNC, DHR, DOW, FI, GE, GLW, GM, HAL, KMB, KMB, KO, MMM, NEE, PACW, PHM, RTX, SPOT, TECK, VZ

2 days ago Other News: RTX: +8.6% at 79.64; SPOT: +6% at 164 after trading below 150 in pre-mkt; GE: +5% at 111.80; MMM: +5% at 89.66; AGNC: -9.62% at 7.33, yikes; GLW: -4.5% at 25.73;