BUY ANF/ BUY ANF 3/15/24 116 CALLS 1 Star trade 3:30-4:00
SHORT / BUY GOOGL 3/15/24 138 PUTS 1 Star trade 3:30-4:00
Tomorrow is the massive CPI number and the market’s been on a bit of a technical slide in front of that number. Last month we had the biggest down day in February.
ANF is down 4 days in a row, as retailers are being dumped hard off recent highs, but its stretched and ANF is a quality name that will attract buyers
GOOGL is continuing its dead cat bounce here as the rotation within the Nasdaq to some laggards picks up. However should the real tech buyers return on the buyside it’ll be in NVDA and AMD and GOOGL should sell off. Big selling off CPI could see the stock really come down for us as it’s not solid buying quite yet…