In this week's episode, sprocket888 and viperxl007 come with a triple threat. viper starts with not one, not two, but THREE 1% trades. They are in some high-volume names: $FRC, $AMC, and $TFC. sprocket has two trades from the rubble of the banking panic in $FRC and $WAL. Then to wrap up the trifecta news on $COIN hit today as they have been served a 'Wells Notice' from the SEC. This caused the stock to take a $20 haircut after hours. This notice is a boiling over of tensions that have existed for a while now between regulators and the crypto industry. There is sure to be a lot more action on this topic to follow in the near term.
- 00:00 Disclaimer
- 00:18 Intro
- 01:38 viper is back in the saddle with THREE new trades
- 02:41 viper is still in search of his style and his zone
- 06:31 First at bat a scalp on $FRC
- 10:57 Second hitter found $AMC
- 13:08 Third up is an $TFC play
- 15:29 Panic breeds opportunity, be careful to make sure the house is not still on fire
- 17:04 This banking crisis is a bit different than in 2008
- 19:21 sprocket saw a play in $FRC
- 20:27 $FRC volatility is off the charts
- 24:05 $WAL was off the charts, but coming back to earth
- 25:03 Caution to consider when BUYING high volatile options
- 30:36 $AMC was a good play from a volatility expansion basis
- 34:46 viper is playing the opposite approach as sprocket when it comes to premium
- 38:17 Depending on the conditions, the greeks can battle each other
- 39:41 $COIN is something to keep an eye on as panic could ensue
- 42:06 $COIN and the 'Wells notice" a standoff just waiting to boil over
- 50:58 Conclusion: There are always plays to be made out there. Keep your eyes open.
- 52:08 Outro
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