My only trade yesterday was selling deep in the money straddles in DJT then buying otm calls for a credit larger than the spread between 0 and the long calls. A seemingly "risk free" trade; however, the risk of the short calls getting exercised is very real.
Yesterday AMC:
Today BMO:
Other News: Managed care names getting knocked on Medicare news (UNH, CNC, CVS, ELV); PVH smoked on earnings;
Follow through names to watch: DJT, WBA
Morning watchlist:
GAINERS:
LOSERS:
Follow through watch:
Day before Y'day AMC:
Yesterday BMO:
Y'day Other News:
2 days ago AMC: CC, RH, RUM
2 days ago BMO: WBA
2
days ago Other News: HOOD: +7% at 20.60 on news of co. launching its
own credit card; MRVL: +4.5% at 71.30 on u/g; GME: -15% at 13.10;
Using options to trade single stock volatility in narrow time frames.. and if you aren't spreading volatility, you're doing it wrong
Tuesday, April 2, 2024
Tuesday 02 April 2024 Morning Notes
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