What a way to end January, with metals getting rocked on the Warsh Fed pick. What's most stunning of all, is that silver got crushed for -30% yet implied volatility went DOWN! Stunning. My only trade of note was a slightly otm strangle in QQQ that finished as a bagel. It was a relatively large loss and for the first time has put me in the negative to start the year. With that said, I liked my odds and it's hard to pass up that risk/reward. "We'll get'em next time, Boss". Now a strangle established on the open in SLV or GLD, those got paid on Friday. Unfortunately I was locked and loaded on QQQ. Going fwd, it could make sense to break up my size and spread the strangle bets across a few different names.
Yesterday AMC:
Today BMO:
Other News:
Follow through names to watch: GLD, SLV, U, SNDK, WDC, VZ
Today's watchlist:
Follow through watch:
Day before Y'day AMC: AAPL, DECK, SNDK, V, WDC
Day before Y'day BMO: CHTR, CL, CVX, REGN, SOFI, VZ, XOM
Y'day Other News:
2 days ago AMC: BX, CAT, CMCSA, DOW, HON, IP, LHX, LMT, MA, MO, NOK, NSC, PHM, RCL, SAP, TMO, TSCO, VLO
2 days ago BMO: CLS, IBM, LEVI, LRCX, LUV, LVS, META, MSFT, NOW, TSLA, URI
2 days ago other news:
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