OddStockTrader Scan 7/8/2020

by | Jul 7, 2020

Boot camp is coming along nicely and really excited for how many people were interested in it. So much stuff in my head I want to share its just a matter of getting it on “paper” and then going right into it.

Anyways, let’s take a look at tomorrow.

WMT – Got run over a little on this today but really should not have been shorting that type of news in the first place. I saw the headline and ignored the long for some reason too. Either way probably a gap and $130.50 touch for a potential short. Market may have something to say about this breakout.

TSLA – Holding puts overnight here. May gap and crush them but felt like there was at least 1 decent seller in there. If $1430s clear I will flip and look to get long.

OSTK – Crazy move here. Possible $50 parabolic tomorrow. Shares are insanely expensive so will look to trade it on the puts side.

CRSP – Saw some $100 calls going. Will look for $88 touch and long in the am on this.

BLNK – Held ok. Wasn’t a fan of the CNBC piece but chart and thesis still intact for this to touch $10

RUN – Solars crazy hot this week so far. Will look for all sympathy names if this one gets going over tomorrows highs.

TOMZ – Ate it hard here on this monster breakout/fakeout. Still keeping on radar because that chart is still primed. May have just been a large holder happy in this area.

4 Comments

  1. Would you mind giving an example of the put you might be looking at for OSTK? Time frame and strike with rationale/cost effectiveness?

    Reply
    • +1, could you please share OSTK puts you might be looking for time frame, strike price, thanks.

      Reply
  2. Got run over by WMT today too. Each time I expected it to crack it headed for the hills.

    Reply
  3. Thanks

    Reply

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