Black Monday 2020 was for sure today. Crazyness and somewhat felt it was very likely even on Friday. Stay nimble out there and pick your spots carefully. I have no clue where things are going to open tomorrow so really no point in guessing for me. Here are the names I will look to trade though.

WTRH – Great early find in the room by some traders today. Gapping up over .80s after hours and based on volume and if the “food delivery” trade stays relevant tomorrow can see this fill the gap and might even gap to that level. Will trade it reactively.

APRN – Crazy ripper and still going after hours. I would bet some shorts are stuck and we could easily see $7 tomorrow.

RCL – Holding $30s so far in this market so with at least the next few weeks known they are halting sailing, I have a feeling we will find out what is priced in. I plan on going hog wild cruises after this blows over because… I’ll have earned it lol. Possible $25 washout but I think we gap higher tomorrow and get a nice rebound based on WH information coming tomorrow.

PLAY – $5 washout for the trade only. This one could go BK as well. Just an insane move.

BA – $120 washout if we gap lower. I think we might gap up and test $150s however. Reactive trade either way.k

UBER – Has Uber eats which fits the theme but let’s see if it gets picked up.

GRUB – Thumped after that $40 push today. Will see if $38s can reclaim as this might actually be a huge moment they get a ton of signups based on the free options right now.