2/12 Daily Market Note: Everything Lifts
Nonstop Buying
Hey Friends,
Last week, I spotted an opportunity in Expedia’s -20% post-earnings move that brought the company back to a key level (126-128) where I expected some type of bullish reaction. I shared this thinking with our friends on Twitter.
These calls have lifted almost 30% since last Friday, and I’ll try to share more opportunities such as this with my members below.
I also saw opportunity in Google and Starbucks 2-4% OTM calls last week, and those respective strikes were also up 20-30%. I will try to find more setups as we are in a goldilocks period (which I do not know how long will last).
One of my friends from Substack
and I believe that China is in the process of forming a choppy bottom. We continue to think this to be the case and that better days await this sector.