Dag!

DNS -249, -49, -23.

I never would have expected that GMCRrrr would have been second best in the watchlist with a 4.9% gain for the day, between NVDA (+5.0%) and KOG (3.4%). KOG is up 12.7% since 11/3 while most of the other oil stocks in that oil test portfolio have gone negative for the same holding period.

The wheels fell off the bus that is FMCN, down 39.5%. SPRD took a 13.1% hit. Last week's breakout stock VIT gave back 18.4%.

Trades:

With all the volatility in FMCN, I bought a December bull call spread for what was a good price for a $15/$20 with the stock trading at $21.xx. Unfortunately what I bought was a $20/$25. So I sold it 3 1/2 minutes later for a +14.0% gain. Whew!

Then I put it a limit order for the $15/$20. It filled at 12:35 and the stock moved back up. Then at 1 pm someone (or their broker) spooled off a large position until 1:30 or so dropping the price from $19.95 to $8.79. It recovered somewhat. Hopefully we'll get more back tomorrow.

:: Update ::
Reuters is reporting that allegations of the company overstating the number of displays in its advertising network (among other charges) in a short seller's report are to be refuted by the company in a statement tomorrow. The allegation were stated as being "completely untrue" and the company suggested that such behavior "should be legally punished". :: ::

I bought KEG shares which are ITM.

Reversal alerts: (2).

HFC and NFLX.