Happy Monday All!

First and foremost I am going to let the cat out of the bag and we are going to be starting up a brand new traders BOOT CAMP!

More details to be coming soon about it but the plan is to essentially run one each quarter with deep dives into your trading and additional “classes” during the month on Tuesdays and Thursdays after the market closes. Stay tuned here and on Twitter for more updates. Excited to start this new project with everyone if they are an IU member

Overall it was a slow day for me as non of the trade plans I had coming into the day worked out. No big deal just on to the next day. Should be some firecracker of trades on deck tomorrow so let’s get into them.

WKHS – Got burned a few times and the puts are crazy juiced up right now. I doubt I even touch those and be aware if you are. Etrade ran out of shares early and after hours it’s stills squeezing. Many heard buying up here and all dips are recovering. I will look to simply get short into the $19 area tomorrow. This should have a monster washout when it finally does it.

TSLA – Huge setup and $1,025 is the big trigger. I saw some crazy strikes going off a little further out today but if it clears that level or gaps over. Shorts will be stuck hard again. I do see this over $1500 in a flash if that is  the case.

DAL – Several if not all airlines were trending very well today. I think a nice bounce over $30 is likely with the call action I saw today on DAL. Will join some calls in the morning either way but it must be a washout with a stabilized base.

NCLH – Similar idea as DAL but not much call action. Pretty much retested that big breakout from 2 weeks ago and was grinding nicely all day long.

AMC – Looking to re-open headline today on this. Might get a touch on $5 tomorrow out the gate. Will trade that long and looking for a short if it does a parabolic move.

BLNK – Huge move after hours. Will stay familiar but it will be a reactive trade in the room either way.

FNMA – Worth an eye since it went straight up into the close.

JCPNQ – Nice trend and closed on highs. Will join long on the .351 breakout tomorrow.

CYDY – Will see if I can actually get some shares to short into the $10-11 parabolic. If not, will trade the big bounce trade washout. Either should both provide a great trade.