BUY PFE 1/5/24 29 CALLS 3 STARS 3:30-4:00
BUY ALB 1/5/24 145 CALLS 1 STAR 3:30-4:00
BUY CVNA 1/5/24 50 PUTS 1 STARS 3:00-4:00
BUY AMD 1/5/24 149 PUT 1 STAR 3:00-4:00 (hold yesterday AMD TRADE INTO NEXT WEEK)
We have a few different plays that are strong year-end situations.
Pfizer is a major Tax loss harvesting stock and one of the worst performing big caps in the S&P500 in 2023, Look for a major snap back early net year.
ALB is an agriculture stock that has been under pressure and extra sold to close out 2023.
CVNA is the most overbought stock in the Russell 2k this year, as fund managers chased owning that stock to close out 2023
AMD is the most crowded hedge fund trade of 2023 and I look for major unwinding of the trade to start 2024 as investors will have buyers remorse on over valued AI Chip stocks.