1) $W Earnings Miss (110.29) Buyer at $90 sold at $100 let it set up again
Stock Gapping down -$22 points typically $W shorts like to cover so I went long on the pullback at $90 bounced it, now let’s see if it sells off again at $90 and under then we get another shot, if this pushes at open to $105+ look to scale in short and fade it
2) $ECA Earnings miss (10.20)
Stock Gapping down -$2 like to see a small pull to $8.50 and under then bottom curl then slow mover back thru $9+ then be done with it. Should be a slow trade
3) $CEMI Earnings Miss (8.22)
Stock Gapping down -$1 I like to see some short covering at the open towards $7.50-$7.75 then top it off then slow all day fader on it. If this pulls at open watch $7 and under look to go long on it
4) $FND Earnings Beat (25.58)
Stock Gapping up +$4 I like small pop at the open thru $30+ then look to scale in short and gap fill this back down to $27 and under, if this pulls at the open look for a pull to $27 and under then bottom curl it then look to go long on it
5) $IIVI Earning Beat (37.23)
Stock Gapping up +4.5 I like to see a little more pop at the open maybe we get to $43+ on it on short squeeze then look for gap fill sell off to $39 and under on it, More it pops better the fade for us, but let it rip first then watch the lower lows to set in then nail the short side of it for a few points
6) $TLRY Market up this is gapping up as always (94.79)
Stock Gapping up +$7 I like to see this pop a little at the open towards $102+ then lean into it short gap fill it back down to $90-$92 watch that bottom curl then look for a nice long on it. I’ll call this out as it sets up
7) $SPOT Earnings Miss (149.69)
Stock Gapping down -$17 would nibble a few LONG here at $132 give it room to add at the open nibble it, I think this will get back over $140 on Short covering and some LONGS coming in on the weakness, harder it pulls at the open better the range for us on the upside
8) $NFLX Gapping up on Market (301.78) Took SHORT $308 covered +2 already
Stock Gapping up +$7 I like to short gap ups on NFLX so look for any pop at open to $310 if it comes and look for the gap fill back down to $303 and under then bottom curl it then look to go long, let this gap fill first before going long with size, higher it pops better the fade on it
9) $STMP Earnings Mixed (202.17)
Stock Gapping up +$2 gapped down yesterday after reporting -10 I like to see this small pop at the open then look for a decent sell off back down to $195 and under, I think in the end this will pop and fade so watch for the short side of this
10) $ABMD Earnings Beat (341.20)
Stock Gapping up +$20 I like to see a little more squeeze at the open maybe we get thru $365+ then look for a nice fader on it gap fill it back down to $350 and under on profit taking, if this begins to sell off at the open look for that $350 and under on it
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Notable Calls:
$IO Earnings Miss (11.81) Gapping down -$2 I like to see small pop at the open towards $10-$10.50 then all day fader on it, if this pulls at the open hard to $8.50 and under go LONG on the stock for quick money back to $10 on short cover
$FIT Earnings Beat (4.73) Gapping up +$.70 IMO this will be nothing more then a pop and drop so look for this to possibly hit $5.75-$6 at the open then slow fader imo back down to $5.25 don’t think this will hold
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