Monday, October 7, 2024

Monday 07 Oct 2024 Morning Notes

Flipped a wkly $20.50 straddle in SMMT from .95 to 1.60 on Friday. To lock the trade in, I bought shares at 18.90 looking for a retrace back to 20.50 by EOD, so I could try to flip the straddle again, but that opportunity never came. Earnings season is set to kick off on Friday with banks reporting #s, should be an active earnings season.

Yesterday AMC:
Today BMO:

Other News:

Follow through names to watch:

GAINERS:
APD: +7% at 305 on activist stake and u/g;
HIMS: +5.4% at 18.62;
PFE: +3.2% at 29.50 on activist stake;

LOSERS:


Follow through watch:

Day before Y'day AMC:
Yesterday BMO: STZ

Y'day Other News:

2 days ago AMC: NKE
2 days ago BMO:

2 days ago Other News: JOBY: +21% at 5.81 on Toyota Motors investment; BILI: +10% at 29.45 on China news; FUTU: +8.5% at 116 on China news; JD: +8.5% at 46.56 on China news; HUM: -21% at 221 on Medicare news; NKE: -7% at 82.55 on earnings, now shooting 12 for 20 on gapping lower following #s;

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