Tuesday, January 28, 2025

Tuesday 28 Jan 2025 Morning Notes

Made up for my brick of an ISRG straddle by flipping a bunch of the wkly OKLO $20 puts that I bot when the stock was trading around $33. I thought they had the potential to be massive winners should OKLO implode during the day of trade, sending IV rocketing even higher. The stock did drop and IV did rip, but not to the extent that I thought it would. I was still able to flip them for +290% though. I also sold a bunch of seemingly far OTM short calls on OKLO taking advantage of the high IV. Fingers crossed it doesn't get some absurd buyout offer by Friday. All I know is that my TQQQ ratio spread call is looking prescient. To be fair, I had no idea any of this would happen, but figured what are the odds the market could keep ascending +20% yoy?

Yesterday AMC: NUE
Today BMO: BA, GM, JBLU, KMB, LMT, RCL, RTX

Other News:

Follow through names to watch: AKRO, AI carnage names (too many to list)

GAINERS:
RTX: +5.3% at 132;
RCL: +4% at 246.50;
BA: +4% at 182.25;

LOSERS:
NEP: -23% at 12.18 on earnings;
JBLU: -11.5% at 7.16;
GM: -4.6% at 52.40;

Follow through watch:

Day before Y'day AMC:
Day before Y'day BMO: SOFI, T

Y'day Other News:

2 days ago AMC: CSX, ISRG, TXN
2 days ago BMO: AXP, NEE, VZ

2 days ago other news:

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