If you haven’t read the 01/07 watchlist, I recommend you do so before continuing.
Great day for our scalps on Friday. Here’s how it went.
INTC:
Sold off with the rest of tech. Our only failed play.
BYND:
RAN right out of the gates for 100%+. Great play.
RBLX:
Gapped down on news of them shutting down their Chinese app. Great play, but should’ve probably adjusted our level before open.
MU:
Pretty much called the top. Tested at open then sold off with the rest of tech. Great play for another potential 100%+.
Watchlist for 01/10
BAC:
A lot of 1/21 and 1/14 call contracts being bought up. Could be expecting a run up going into earnings on Friday. I’m eyeing calls if the price stays above $49.02.
ROKU:
A ton of ITM monthly puts being bought up going into EOD. I’m eyeing puts if the price stays below $179.83.
DASH:
A lot of, what’s most likely, selling to open ITM calls. I’m eyeing puts if the price stays below $131.50.
AMD:
A lot of OTM monthly and weekly puts being bought up going into EOD. I’m eyeing puts if the price stays below the $131.8-132 support area.
BA:
A lot of weekly OTM calls being bought up. I’m eyeing calls if the price stays above $215.50
Good luck tomorrow!!!