If you haven’t read the 01/18 watchlist, I recommend you do so before continuing.
Pretty good day for the watchlist today.
DKNG:
Had a great entry at open at our level, then stayed under it with some nice potential entries throughout the day at the rejections at 23. Great pick.
AMD:
Gapped and stayed below our resistance level. Was great for scalping puts, but didn’t give a great entry. Decent pick.
COIN:
Gapped and stayed below our level. Failed play.
PTON:
Gave two great entries at open for really nice scalps, then recovered into EOD. Decent pick.
Watchlist for 01/19
DIS:
A lot of bearish orders going into EOD, especially these two with millions in premium. I’m eyeing puts if the price stays below $151.50.
MU:
A lot of bearish flow going into EOD, including one bearish floor trader opening 01/21 and 02/18 $95 puts an hour before close. I’m eyeing puts if the price stays below $93.
QCOM:
A lot of exiting ITM positions going into EOD. I’m eyeing puts if the price stays below $179.50
Bonus picks for anyone interested
LCID:
A lot of bearish flow from floor traders. Maybe in anticipation of the lock-up expiry?
AMD:
Bullish flow from floor traders exiting ITM puts and buying OTM calls for March Exp.
Good luck tomorrow!!!