Scalping Watchlist for 02/04

Haven’t done a watchlist for a few days, been busy with my students’ first week back. Pretty hectic, to say the least.

Anyways, here’s what I’m looking at for tomorrow.

AMD:

A lot of bullish flow going into EOD in 1DTE orders. Alongside a market pullback, I like how this setup is looking for AMD. I’m eyeing calls if the price stays above $121.75

QCOM:

Same story as AMD, a lot of OTM calls being bought to open going into EOD. Reported great earnings and had a nice pump at open, but sold off with the rest of the market. I’m expecting some bounces tomorrow, so I’m eyeing calls if the price stays above $181.00

UBER:

A lot of bearish flow going into EOD, especially near-dated at-the-money puts bought up going into close. I’m eyeing puts if the price stays below $36.40.

Good luck tomorrow!!!

4 Likes