Tuesday’s Big Runners:
After sweeping the board on Monday, we came in with another slate of earning-based options trading ideas yesterday morning, and knocked them all out of the park as well. It has been an exceedingly promising start to the trading week, and figures to continue, with the onslaught of mega-cap earnings on the calendar for the remainder of the week. We’ve always found the volatility that results from that is the best way to find rapid upswings, and yesterday’s ideas certainly confirmed that.
We were looking at the LLY Weekly $780-785 Calls, the MCD Weekly $272.50-267.50 Puts, the MMM Weekly $97-98 Calls, and the ETN 05/17 $330-340 Calls. Here were the biggest intraday moves they recorded for the Tuesday session:
LLY Weekly $780-785 Calls
$780: 7.28-22.60 (+210%)
$782.50: 8.03-20.30 (+153%)
$785: 6.68-19.30 (+189%)
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MCD Weekly $272.50-267.50 Puts
$272.50: .83-2.28 (+175%)
$270: .41-1.29 (+215%)
$267.50: .18-.66 (+267%)
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MMM Weekly $97-98 Calls
$97: .32-2.00 (+525%)
$97.50: .28-1.25 (+346%)
$98: .20-1.03 (+415%)
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ETN 05/17 $330-340 Calls
$330: 1.78-4.12 (+131%)
$340: .56-1.55 (+177%)
Fresh Options Ideas:
AMD Weekly $149-148 Puts
AMZN Weekly $177.50-180 Calls
CVS Weekly $61-59 Puts
SBUX Weekly $78-77 Puts
Extended Watchlist:
AAWH, CBIH, IMHC, MJNA, MRMD, GRAM, GETR, AKAN, IMCC, POAI, TGTX