Another Strong Session:
We did pretty well with regard to the performances of the potential options plays included in yesterday’s premarket report. We saw good gains in 7 out of the 8 individual contract sets in the ranges we were monitoring, so we’re going to call that a good day. We’ve been slightly thin on interesting earnings reporters toward the end of this week, but that will certainly pick up next week, with a whole host of big names set to release their figures.
As for our targets from yesterday, we had the NTES Weekly $79-80 Calls, the CSCO Weekly $58-60 Calls, and the DIS Weekly $110-112 Calls on watch, and here are those results for the session:
NTES Weekly $79-80 Calls
$79: 3.20-4.39 (+37%)
$80: 2.37-4.60 (+94%)
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CSCO Weekly $58-60 Calls
$58: .18-.40 (+122%)
$59: .03-.08 (+167%)
$60: N/A
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DIS Weekly $110-112 Calls
$110: .45-.96 (+113%)
$111: .28-.62 (+121%)
$112: .17-.38 (+123%)
Fresh Options Ideas:
BABA Weekly $90-92.50 Calls*
AMAT Weekly $172.50-167.50 Puts*
SPY 11/15 Puts $592-591 Puts*
*Trading options contracts on their day of expiration should only be attempted by experienced traders
BTC Digital Ltd. (NASDAQ:BTCT) – Recap:
We’re also swinging back around to do a quick update on the new highs that BTCT set following our last recap. We initially tagged it in our extended watchlist from Tuesday morning, and today in early trading we’ve witnessed trades as high as 28.60. From Tuesday’s low of 4.08, that works out to a 3-day increase of 601%
Extended Watchlist:
SATS, BENF, STI, GREE, ASST, TCBP, SPPL