Options Watchlist

IO – YUUUGE double cup on the 30 minute chart starting from April 1st. Looking for a weak open and an entry for $5 calls (may play several expirations) Gap from 10, could run.

LADR, IVR, RESI, NRZ all looking strong for some calls both short and long term

DFEN, TGI are hot but could go sideways for a while, worried about theta burn if I take some short terms, will likely go with long Calls for swings with at least 3 months exp.

Lets be careful, virus is still in play and unemployment is still bad. Wall Street is still ignoring Main street, if unemployment numbers are bad Thursday we could see a rug pull, We went from bad news everyday to one week of good news, if we get some bad news rug pull possible.

Leave a Comment