First trading week of 2021. Current Positions: QTT - $1.62 GLG - $1.58 NNA - $3.20 SFL - $6.06 CRTX - $27.76 QIWI - $10.50 Some other stocks I'm not in but keeping an eye on: $BEST $VITL $BXRX $TEO Two huge winners that closed the year was RIG and BTU.
ZM - $337.32 Current IV%tile: 33% Implied Vol: 65.2% HV: 14% ATR(7): $17.36 8 JAN 21: 75.35%(+/-24.38) 15 JAN 21: 70% (+/-34.7) Zoom had an amazing run in 2020. Its around -40% from its October high and also at the gap level of Septembers huge earnings move up. Every time ZM sells off it quickly bounces back (+10%ish) and thats what I'm looking for here. Price is currently oversold/extended. I'm looking for a reversion back ultimately to $410. But my target for spot at time will be $380 by Friday. If I don't see strength this week I'll wait and adjust my strikes for entry. I'll be eyeing the 8 JAN 21 or 15 JAN 21 360/380/400c @ 1.60 risk, but this is subject to change. Cheers
I will be consistently posting screenshots of material I’m currently researching. Anything interesting I’ll post for others to see.
ZM - $359.98 (+22.66) Current IV%tile: 37% Implied Vol: 66.01% HV: 20% ATR(7): $18.56 8 JAN 21: 75.78%(+/-23.78) 15 JAN 21: 71.84% (+/-36.56) Market opened and off the bat $ZM showed strength.