Trades

BUY FCX 5/10/24 50 CALLS 1 STAR
BUY JD 5/10/24 32 PUTS 1 STAR
*BONUS EARNINGS PLAY
BUY AAPL 5/10/24 170 PUTS 1 STAR (TRADE MINIMAL SIZE)
Trade them all 3:30-4:00 EST
FCX is a stock that we hit an absolute monster on a few days ago, the stock is down nearly 10% since that Burn Notice (A historically large sell off in a week) and down 3 days in a row which is one of the longest streaks.
JD is up nearly 10% today and great risk-reward as it’s trading at a huge premium to the Chinese shares which arbitrage traders typically look to bring in line.
And finally, AAPL puts are cheap and the biggest hits have been on the PUT side, the downside of the stock down to 155 offers great risk reward.