Thursday’s Options Clean Sweep:
Our 2022 has started off with a bang just a couple of weeks into it, in which the vast majority of the options plays we’ve signaled interest in have produced excellent results.
Yesterday was no exception to that, with all three of our designated targets yielding the opportunity to log multibag intraday gains. We were after the KBH Weekly $44-46 Calls, the TSM Weekly $136-139 Calls, and the DAL Weekly $40-42 Calls, and despite a rather poor day for the markets as a whole each one of these bullish ideas made a bullish move on the day.
Here are the daily ranges and total possible single session profits that were there for the taking:
KBH Weekly $44-46 Calls
$44: 2.10-6.00 (+186%)
$45: 1.55-5.00 (+223%)
$46: 1.00-4.00 (+300%)
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TSM Weekly $136-139 Calls
$136: 3.80-9.05 (+138%)
$137: 3.75-8.10 (+116%)
$138: 3.52-7.20 (+105%)
$139: 2.52-6.40 (+154%)
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DAL Weekly $40-42 Calls
$40: 1.25-2.70 (+116%)
$41: .73-1.85 (+153%)
$42: .38-1.18 (+211%)
Fresh Options Ideas:
We’ve also got a wide range of both short and long term options ideas to the short and long sides to track this morning. Some are earnings related, and others merely have technical setups we find interesting.
CVNA 03/04 $190-200 Calls
AMC Weekly $21-20 Puts
WFC Weekly $55-56 Calls
JPM Weekly $165-162.50 Puts
SPY 01/14 $462.50-461 Puts
Extended Watchlist:
CYDY, HMBL, DRFS, RMSL, CBGL, GOFF, REVB, NXTP, SSXC