Wednesday, December 4, 2024

Wednesday 04 Dec 2024 Morning Notes

No real trades of note other than an INTC long 24.5c, short 1x 26c, short 1x 26.5c for .49 on Monday that I bricked out of for 0.08 when INTC reversed bigly. Not content with ending on that note, I bot the T 23.5/23 1x2 put spread for 0.06. Looking for it to settle around 23 by end of wk. I also bot a few of the JOBY wkly 7 puts looking for a continued downward move following the CFO stepping down. The stock was up 50% in 8 days so the 7 puts seemed like a good target for the junk company on the news... however, it's a stonk and I got stonked.

Yesterday AMC: CPB, CRM, OKTA, MRVL
Today BMO: CHWY, DLTR, HRL, FL

Other News:

Follow through names to watch:

GAINERS:
MRVL: +16% at 111.73;
OKTA: +13% at 92.50;
CRM: +10% at 367.50;
ROKU: +6% at 80.30;

LOSERS:
LUNR: -18% at 11.50;
FL: -15% at 20.43;
CHWY: -7% at 31.32;
CPB: -5% at 43.32;
HRL: -2% at 31.15;

Follow through watch:

Day before Y'day AMC: CLSK, ZS
Day before Y'day BMO: PLCE

Y'day Other News:

2 days ago AMC: ADSK, AMBA, CRWD, DELL, HPQ, IREN, JWN, URBN, WDAY
2 days ago BMO:

2 days ago other news: NVCR: +30% at 26 on drug news; SMCI: +15% at 37 after BoD finds no evidence of fraud; INTC: +3% at 24.75 on CEO retiring;

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