1) $PTI RBC out with a OutPerform rating and $9 PT (1.89)
Stock Gapping up +4 this is up way to much in Pre-Market would nibble some SHORT at $6.00 room to $6.50 at the open once topping comes in this should sell off and gap fill to at least $3.60 and under, great upgrade but this is up to much for small cap upgrade

2) $YECO incredible after hours went to $17+ wow (10.20)
Stock Gapping up +$6 would love to see this come down and gap fill in the 10″s and under if it comes let it set up and see if we can a nice solid push towards $15-$20 on it. More it pulls at open watch that bottom curl around $10 spot and under we should get a nice play on it

3) $ACOR Up on FDA Inspections (19.19)
Stock Gapping up +$1.50 would consider nibbling some SHORT here at $20.50 room to $21 at the open think this simply will gap fill and pull back to $19.25 and under then bottom curl on it then look for an all day slow move to the upside, stock is up thin, so I think it will get popped and pulled real quick on gap fill

4) $GPS nice downgrade from JPM to Underweight with $24 PT from $30 (27.13)
Stock Gapping down -$1.13 I like to see a quick yank at open to $25.50 and under then watch for it to pop back and gap fill to $26.75+ then we lean into it short for a nice all day fader on it, if this pops at open and gap fills back to $26.75-$27 area then look for a nice all day fader on it

5) $SEE Gaping down on lowering guidance PT cut to $41 and $38 (35.28)
Stock Gapping down -$5 I would consider taking a few long here at $31 area room to $29 at the open then look for a nice gap fill back to $33+ spot on it then look for a nice topping and all day fader on it, more it pulls better the short covering better then play to the upside on it

6) $AA Earnings Beat (36.70) FYI $AA tends to fill there gaps so be aware of that
Stock Gapping up +$2 let this rip a little more at the open like $39+ then ease into it short once it begins to slow down and pull this should gap fill back to $37.25 area and under more it pops better the fade for us

7) $FMS downgrade to hold from DB Bank (41.48)
Stock Gapping down -$3 I would scale in Long here for a nice move back to $40+ on it then watch for topping then look for a nice slow all day fader on it back to lows, higher it pops better the fade for us, if this pulls at open towards $38 and under would go long on it then look for a gap fill for a few points then we fade it

8) $ADI Goldman Sachs out with a Sell rating and $81 PT from $100 (85.25)
Stock Gapping down -$2 would nibble some long here at $83 area room to $82 to add look for a gap fill then look for a nice all day bleeder once it his $84.50-$85 on the gap fill, more it pulls better the play for us

9) $PX Acquisition News that it may proceed (160.10)

Stock Gapping up +$8 would look to short the stock for an all day fader to $160.50-$161 this is nothing more then sell the news so look to short the stock for a nice paycheck

10) $URI miss on guidance and E/R (140.10)

Stock Gapping down -6.50 points I like the stock to pop at open to $132+ at the open then look for a sell off into the call to $125 area call starts go long call finishes continue then re-short back to lows

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Notable Calls:

$NFLX today I am more interested in the sell off pullback to $350 range on the stock (365.55) Gapping down -$4 points looking for a solid pullback to $350-$352 area then bottom curl it then look to go long or buy 370 calls on it

$TLRY Gapping down -$10 points from yesterdays close (147.00) IMO this $140 down here will be bought up in back to $150 spot or more then look to fade the stock back down should be fun.

$SELB Gapping down on report of 1 death (15.28) Gapping down -3points I would go LONG the open and look for this to do a full gap fill back to $15.50+ 1 death doesn’t warrant this sell off

 

Copyright © 2018 by AwesomeCalls LLC

No part of this content may be reproduced, distributed, or transmitted in any form or by any means without the prior written permission of the publisher. Full legal action will be taken. ALL RIGHTS RESERVED

 

 

Copyright © 2018 by AwesomeCalls LLC
No part of this content may be reproduced, distributed, or transmitted in any form or by any means without the prior written permission of the publisher. Full legal action will be taken. ALL RIGHTS RESERVED.