Tuesday’s Runners:
Tuesday’s session was a good continuation of the solid start we got on Monday, with all five of the possible plays we listed in our premarket report turning in good intraday performances. Only one set of contracts in the whole group fell short of multibag upswings, and many of them were incredibly large moves.
Our targets were the SPY 10/27 $767-768 Calls, the CDNS Weekly $325-327.50 Calls, the PSA Weekly $310 Calls, the BA Weekly $185 Puts, and the SOFI Weekly $15.50-16 Calls. These were the biggest runs each of them put together on Tuesday:
SPY 10/27 $767-768 Calls
$767: .54-4.09 (+657%)
$768: .31-3.20 (+932%)
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CDNS Weekly $325-327.50 Calls
$325: 9.41-21.07 (+124%)
$327.50: 6.87-22.50 (+228%)
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PSA Weekly $310 Calls
$310: 7.40-11.00 (+49%)
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BA Weekly $185 Puts
$185: 2.47-17.60 (+612%)
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SOFI Weekly $15.50-16 Calls
$15.50: .52-1.34 (+158%)
$16: .30-.92 (+207%)
Fresh Options Ideas:
SPY 10/28 $770-771 Calls*
GEV Weekly $915-917.50 Calls
STX Weekly $660-657.50 Puts
WM Weekly $230 Puts
V Weekly $395-392.50 Puts
*Trading options on their day of expiration should only be attempted by experienced traders
Extended Watchlist:
SHFS, XXII BRAI, SES, LTNC