Thursday Recap:
Things turned out to be a bit of a mixed bag for us on Thursday. We floated three possible plays in the session’s premarket report. We floated a trio of potential plays and saw positive activity from two of them. Of those two, only the SPY really exhibited impressive moves, so, not exactly the type of performance we’re always aiming for, but those SPY gains made the whole day worthwhile with some absolutely massive rips.
Our green targets were the SPY 03/26 $653-651 Puts, and the CMC Weekly $62.50-60 Puts, and these were the exact moves they registered on Thursday:
SPY 03/26 $653-651 Puts
$653: 1.10-8.41 (+664%)
$652: .86-7.37 (+757%)
$651: .64-6.40 (+900%)
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CMC Weekly $62.50-60 Puts
$62.50: 3.00-3.67 (+22%)
$60: 1.98-2.30 (+16%)
Fresh Options Ideas:
SPY 03/27 $645-643 Puts*
MU Weekly $352.50 Puts*
CCL Weekly $25 Puts*
AGS 04/17 $450 Calls
*Do not attempt to trade options contracts on the day of expiration unless you are an experienced trader
Extended Watchlist:
ARTL, VSA, ONCO, UCAR, GCTK, RBNE, GVH, GMEX, ARTL,