Tuesday’s Movers:
We finished out 2024 in solid fashion, with two out of the three possible plays we were tracking in our premarket report putting up some pretty good gains. This holiday season has definitely been a challenge, and we didn’t see a Santa Claus rally this year, but we fully expect things to pick back up around here in a big way starting on Tuesday, when we’ll be into some big name earnings reports once again.
As for Tuesday’s half day, here were the figures from the two runners on our options watchlist, the SPY 12/31 $589-590 Calls, and the RL Weekly 01/17 $230-240 Calls:
SPY 12/31 $589-590 Calls
$589: .23-.79 (+243%)
$590: .14-.50 (+257%)
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RL Weekly 01/17 $230-240 Calls
$230: 6.50-8.85 (+36%)
$240: 2.55-3.56 (+40%)
Fresh Options Ideas:
NVDA Weekly $135-136 Calls
PM 01/17 $121-122 Calls
KEYS 01/17 $160 Calls
JNJ Weekly $145 Calls
Extended Watchlist:
HOLO, ADGM, INTZ, CGBS, CMCT, REVB, CTCX, NITO, ALCE, AEI, VRME, ORIS