If you haven’t read the 01/13 watchlist, I suggest you do so before continuing.
Disclaimer before continuing: My Schwab charting software is down, so I had to do the charting on TradingView.
Pretty decent day for our picks. This is how it went.
DKNG:
Had a spike in the morning after testing our level. Scalping that spike could’ve netted you 50%+ depending on the contract/entry. Decent pick.
DIS:
Had some consolidation at our level, then a small run that could’ve netted around a 20% scalp. Decent play.
NFLX:
Probably the easiest trade to take from the watchlist today. There was a perfect entry after it broke then retested our level and would’ve caught the sell-off into EOD. Great pick.
Watchlist for 01/14
UBER:
A lot of exiting deep ITM positions going into EOD. I’m eyeing puts if the price stays below $43.00
BA:
A lot of call-buying going into EOD, even after it had ran intraday. I’m eyeing calls if the price stays above $223.36
RBLX:
1/21 $80 puts getting hit 15 minutes from EOD. I’m eyeing puts if the price stays below $80.80.
FANG:
A lot of $90 calls for 1/21 being bought going into EOD. Doesn’t have great spreads, so bid low. I’m eyeing calls if the price stays above $123.80
Bonus Picks for anyone interested:
DKNG
This one still has some bullish flow from whales exiting their puts. Could have some scalping opportunities to the upside.
TTWO:
A lot of OTM call buying expiring in February. Could have scalp opportunities to the upside, or even a swing?
Good luck tomorrow!!!