We were doing well until the bottom fell out. DNS -191, -47, -21.
Watchlisters up 7% or more for the day are TSRA, GMCRrrr, and VIT.
Trades:
I tried to catch the falling knife that was CVI. I bought shares and call options which were good 'til the last hour.
I sold my November $55/$60 GMCRrrr call spread that expires Friday. GMCRrrr ran up 9.85% to close at $52.30. I sold too early, but to be honest, the fact that I was able to recovery any meaningful amount for my way OTM spread was a win, and my time value was rapidly decaying, -87.9%.
Reversal alerts: (5).
CEP, DMND, and CBD might be worth a look.
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