QCOM - Huge whale order on calls right before close ($700 m). Targeting the next few expiries and strikes between 100 and 200. News of new product last night and Tomorrow is ex-dividend date. Stock was selling off heavily at close. Took a 12/10/21 $185 call on the dip. Would like to swing into buying pressure tomorrow when buyers are trying to get in for the dividend.

 

Watchlist

MRNA - Setting up for a weak open. Bounced well after a big sell of yesterday but vaccine stocks have been doing the opposite of what the rest of the market does. watching for weak open and another dip. News so far regarding Omicron seems to be that vaccines on the market won't be effective. Above $350 I won't touch it but if it get below 340 and can't hold VWAP, will buy puts. 

 

CRM - Down Premarket over news, found past support level around 266. On watch for a break below that level as it could sell off more. Likely to have a pop form dip buyers at the open or it could panic right out of the gate. Historically, big drop off days in this stock have led to consecutive red days. 12/10/21 $250 puts

 

XPEV - Bullish flow and slowly moving higher before earnings. Bounced green on a very red day in the market (11/30) and good earnings after the close, gapping up. Watch flow but expecting a LCID type move with any dip getting taken and it slowly grinding higher all day.

 

Others

ZS - Earnings winner with a bullish flow and outlook. High priced though. 

 

RBLX - Tanked with the market yesterday but was very bullish before that. Flow is very bullish too. Rising premarket and depending on overall market could regain most of what it lost yesterday. Bullish above 130, bearish below 125