March 2nd, 2023 Watch List

I somehow deleted my watchlist post after spending the last few hours putting it together. I will try and have another out after the open.

Some quick points:

Love YEXT and may look to add some more calls. $8.20 is the key breakout point.

ICPT reported a great Q. Need a big move for my March calls but do think it can rally to $25+. May look at more strikes.

OLED closed in the green despite the market weakness. Will look to close the last of my calls today and add some later strikes for the eventual move into the mid-$140s.

YOU is receiving some positive analyst commentary this removing. The stock reversed the gap higher yesterday to close in the red. Frustrating to say the least and despite the huge beat and raise. Still love the story. If it finds footing today may look to add some later dated strikes

AI reports earnings after the close. It will either be up 25% or down 25%*(if not more). Won't be adding anything until possibly tomorrow morning.

The SPY closed under the 50dma. Would want to see that level reclaimed or fear a move into the low $380s is coming next week.

And this is what I am watching today: YOU, CMG, ICPT, YEXT, AI, MASI, ULTA,, YOU, DKNG, EXAS, U, SMG, TWLO, TRIP, RBLX, SPOT, NFLX, AYX. CMG, ROKU, GILD, CDLX, SAM, IBM, SQ, ZYME, ICPT, ALGN, and GNRC.

Let's have a great day!

-JB

JimmyBob (Scott)has been trading equities for over 15 years, a majority of which were OTC micro-cap stocks. He started trading high risk stock options over the past 7 years, and has proven winning trades in excess of 15,000%.

As one of the Co-Founders of optionmillionaires.com, Scott enjoys sharing his knowledge with other investors through timely blog posts, daily watch lists in the forum, weekly webinars, and helpful advice within the chatroom.

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