Options Recap:
Things went fairly well for us on Thursday as we signaled interest in three potential plays in our premarket report. We got back good results from the two that were bearish, with some help from the markets sharp downturn on the day.
Our big movers turned out to be the MSFT Weekly $420-415 Puts, and the META Weekly $585-580 Puts. Here were the best runs they recorded during Thursday’s session:
MSFT Weekly $420-415 Puts
$420: 6.98-13.73 (+97%)
$417.50: 5.89-11.58 (+97%)
$415: 4.45-9.45 (+112%)
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META Weekly $585-580 Puts
$585: 6.31-21.56 (+242%)
$582.50: 5.51-18.65 (+257%)
$580: 4.48-17.24 (+285%)
Fresh Options Ideas:
AAPL Weekly $225-222.50 Puts*
AMZN Weekly $197.50-200 Calls*
INTC Weekly $23-24 Calls*
XOM Weekly $118-119 Calls*
*Trading options contracts on their day of expiration should only be attempted by experienced traders
Extended Watchlist:
ELAB, ATHA, PEV, COCH, VSME, LIFW,