Somehow got smacked this morning and came back to tiny green on the day. Got aggressive on a few names late and worked well, not something I really like to do but felt good after taking mid day relax. Some good names for tomorrow out there.
SPCE – 19.75s stay as peak. Will look to size into the short pretty hard. I also like the puts pricing on this as well. Will swap bias if the action indicates shorts are too stuck though as this can easily go $22
SQ – $70 breakout for the join. News on this was big and muted but can see this being a big stock for 2020.
TRIL – Morning weakness for long join. Shorts pretty stuck here.
AMD – Gap up on INTC earnings and FINALLY touches $52… yea yea I was 23 days off… oh well. Gap and go seems likely. Ideally play some of the eow friday lotto calls.
NFLX – Shorts got bent mid day. CNBC was all about the short side today so no surprise. Probably another gap and run into $365s. Like to get morning washout long.
APT – Really think people are underestimating this virus. Can get really wild and I recall the moves in 2014. They sneak up until there is a monster headline or all day full of them and then you get a real squeeze. Still a swing with $4 as full risk.
KWBT – Nice volume and action today, will take some if it can break todays highs and run into .05. Will fall off radar if not.
23 Days Cody, it was a wild call. I think you deserve the extra time. GREAT CALL
Your watchlists are awesome! Keep them coming! Thanks so much!
First read at your watch list. Impressive. Thanks for the share
Newbie here to this group, content and ideas are well thought out. Know this is an equity group, but does the group take the max pain theory into consideration on Friday option expirations? SPCE shows max pain of options expiration today (Friday Jan 24) at $18 with $20 as the second highest.
Thanks for sharing the ideas, thought process and analysis.
probably a stupid newbie question but how do you have todays candles on yesterdays charts?