OddStockTrader Scan 2/4/2020

by | Feb 3, 2020

Happy monday everyone. Wild wild wild market out there today. Had a great start, gave it all back plus a bunch then got small green today. Quite a few big opportunists out there just need to focus on your niche and take full advantage. If you ever have any questions about joining IU feel free to reach out on Twitter anytime as well.

TSLA – No point in guessing, trade the action on this. However, I do think we get over $800 tomorrow and then close near even or even red. Using that day in late Oct as the guide for this idea.

NFLX – $400 calls for Feb 21 were going like crazy today. Somone seems to know something is my guess as it was not natural trading. Will be turning this into an add add add type on weakness to a limit.

SPT – Like the name. Thin but if she gets going can be $25 in a hurry.

SPCE – Calls last week were going off pretty good for this week and we got a huge ramp into the close. Will be main watch in the am for me on the call side.

SQ – Been a HUGE swing since the Patent news and quite an easy hold to be honest. This news will send it to $100+ quickly over time. Tomorrow plan is to add on any morning weakness near or sub $79

MRK – Some interesting $88 eow call activity on this one today. Joined some and will be an add on any weakness.

SNSS – Just worth an eye.

IBIO – Had been waiting months for this .35 breakout and they did it after hours on a PR. Super annoyed with that but will use that as a huge guide for a long tomorrow if it gets anywhere near it on a washout.

 

1 Comment

  1. Thanks Cody. Good stuff

    Reply

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