Options Reviews:
It’s a challenging time to be navigating the daily ins and outs of the current economic environment, especially with a dearth of big name earnings on the docket, but we have still been managing quite well, all things considered. Two of our three options targets went for some nice gains yesterday, and in addition to those, we have updated on a couple of longer term plays that have come into some really solid moves.
Yesterday’s winning targets from our premarket report were the ADBE Weekly $372.50-370 Puts, and the KR Weekly $51-49.50 Puts, so we’ll have the intraday figures on those for you below. Both of the other plays from past reports expire today as well, and the moves below represent the overall increases we’ve observed since formulating the ideas. It was our report on Friday the 3rd when we signaled the ASAN 06/17 $22.50 Puts, and Tuesday the 7th when we put the GTLB 06/17 $40-45 Calls on our radar.
ADBE Weekly $372.50-370 Puts
$372.50: 13.15-19.00 (+44%)
$370: 11.89-18.20 (+53%)
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KR Weekly $51-49.50 Puts
$51: 1.75-2.73 (+56%)
$50: 1.00-2.01 (+101%)
$49.50: .97-1.62 (+67%)
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GTLB 06/17 $40-45 Calls
$40: 2.50-7.87 (+215%)
$45: .81-4.50 (+456%)
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ASAN 06/17 $22.50 Puts
$22.50: 1.82-6.20 (+241%)
Fresh Options Ideas:
ADBE Weekly $352.50-347.50 Puts*
MP Weekly $30 Calls*
GO Weekly $40 Calls*
BABA Weekly $105-108 Calls*
*Trading options on their day of expiration can carry a heightened level of risk and should only be attempted by seasoned options traders.
Extended Watchlist:
REV, ATHX, MREO, KZIA, ELMS, BLBX, IMPP, SYSX, HIRU, VGID, RTON,