OTC Scan 11/10/16

by | Nov 9, 2016

Man had been paying attention to FNMA each day for a while on a pure hunch…took it off this am and BAM lol…oh well great and wild day other than that, some great trades and a few that bugged me but great overall.

Been trying to get away from the screens more and more during the day after this recent massive run and its really nice to be honest. I will generally only do this if I can monitor the trade from my phone. Let’s keep this market going.

BTUUQ – Only took Trump to win to make this chart do exactly what I had been expecting of it. Missed the long but great shorts all day…going to hope for 11.5s for the long scoop

FNMA – Pretty massive volume day and took some .87 – .92s overnight on this one. Locked in some .96s in to the close but over 2 and can have a fun run..they do a lot of games on this one so be aware.

WLTGQ – looking for some follow through on the .15 push with .12 as a guide.

CCTC – Impressive off the .11s today just amazing. Looking for .17s to hold and maybe another day of ramp, nice volume on this oldie today.

LLEN – Another oldie to to keep your eye on. I do have a tiny bit of this as well, more a lotto ticket style trade..may just be a loser, we will see

 

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