Monday, March 3, 2025

Monday 03 March 2025 Morning Notes

Flipped a put diagonal in WBA for +60% that I had opened the week prior. That one I actively managed by closing my short puts then opening puts at a higher strike to turn it into a calendar. Then I closed those puts, and turned it into a diagonal ratio, only to close those puts for a profit as well. I sold off the majority of my long puts then turned the remainder into a straight weekly ratio put spread for a 4cent credit at this point. I anticipate being able to close it for 30 to 80 cents.

Yesterday AMC:
Today BMO: HUT, TGTX

Other News: Bitcoin names all popping on some absolutely absurd "United States strategic bitcoin reserve", what in the actual F;

Follow through names to watch: GEO, NVDA, AMBA, AI, IONQ, VST


GAINERS:
ALGM: +19% at 26.50 on BBG report of takeover interest from ON;
MSTR: +15% at 294;
CPRI: +8.6% at 23.86 on possible asset sale;

LOSERS:

Follow through watch:

Day before Y'day AMC: ACHR, ADSK, BE, CLOV, DELL, EOG, HPQ, IOVA, MNST, MOS, NTAP, RDFN, RKLB, RKT, RUN, SOUN
Day before Y'day BMO: CLMT, FUBO, RXRX, WULF, SPR

Y'day Other News: SIG: +7.5% at 53.60 on PE stake and request for strategic review;

2 days ago AMC: AI, AMBA, APA, BYND, CORZ, CRH, CRM, EBAY, FTAI, IONQ, JOBY, MARA, MNKD, NVDA, PARA, SNOW, SPCE, SRPT, TDOC, URBN
2 days ago BMO: ALT, BBWI, DQ, EDR, GEO, HRL, MLCO, MPW, NCLH, NFE, NVAX, PCT, PENN, VST, WBD

2 days ago other news: SMCI: +20% at 54.66 on 10-K filing;

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