Our designated targets were the TSLA Weekly 337.50-347.50 Calls and we were very impressed with the total potential gains made available by all of those contracts:
$337.50 Calls – Range: 8.00-19.00 – Max Gain: 138%
$340 Calls – Range: 6.76-17.10 – Max Gain: 153%
$342.50 Calls – Range: 5.75-15.16 – Max Gain: 164%
$345 Calls – Range: 4.97-13.50 – Max Gain: 172%
$347.50 Calls – Range: 4.20-11.90 – Max Gain: 183%
From what we’ve seen thus far, we have reason to believe that we may see some further opportunities in these ideas before the week is out, so we’ll allow them to keep their slots on our radar screens for the time being.
H&R Block, Inc. HRB – Fresh Idea
As a fresh options trading idea this morning, we want to bring attention to HRB, which despite turning in a beat on earnings yesterday in the post market, is taking a beating here in early trading.
Combined with the fact that the stock was already looking toppy and about to breach into heavily overbought territory, we’re ready to look at a range of puts, to take advantage of what may be a significant course correction to the low side. We’ll be tracking the HRB Weekly $26-24 Puts.
VTGN, DARE, SYK, OGEN, ESRX, PVTL, KFY, KOOL