Solid Start to the Week:
We got off on a good foot for Monday’s premarket report, despite a real lack of big name earnings reporters. The only two potential plays that really jumped out to us yesterday did, however, post some nice double bag moves for us on the session.
We had signaled our interest in tracking the ARLP 02/17 $22.50-25 Calls, and the GEHC Weekly $70-68.50 Puts, and we got some very nice movement from each set of ideas on the day. Today’s earnings plays deal with some much bigger names, so our week should continue along an interesting trajectory. Here’s the breakdown of the gains that were possible through yesterday’s targets:
ARLP 02/17 $22.50-25 Calls
$28: .48-1.05 (+119%)
$27: .10-.20 (+100%)
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GEHC Weekly $70-68.50 Puts
$70: .30-.60 (+100%)
$69: .17-.35 (+106%)
$68.50: .15-.30 (+100%)
Fresh Options Ideas:
MCD Weekly $267.50-265 Calls
UPS Weekly $177.50-182.50 Calls
WHR Weekly $152.50-157.50 Calls
PFE Weekly $44-43 Calls
Extended Watchlist:
MSGM, CFRX, HILS, CNTX, PBLA, FOXO, GTII, CORZQ, DOLLF, ABML, PMETF, VPLM