Another Mistake Free Week:
We finished off last week in exactly the fashion we hoped we would. After going perfect through Thursday, each of the ideas we included in Friday’s premarket report, ended up registering multibag upswings on the day. That logs another flawless weekly run for us, which is a phenomenon that seems to occur as often as not recently.
Our targets for the day were the SPY 09/20 $570-569 Puts, the FDX Weekly $265-260 Puts, and the LEN Weekly $187.50-185 Puts. Here were their top upswings for Friday:
SPY 09/20 $570-569 Puts
$570: 1.62-3.90 (+141%)*
$569: .96-2.95 (+207%)
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FDX Weekly $265-260 Puts
$265: 4.17-11.22 (+169%)
$262.50: 2.14-8.02 (+275%)
$260: .70-5.15 (+636%)
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LEN Weekly $187.50-185 Puts
$187.50: 2.59-6.31 (+144%)
$185: .80-3.70 (+362%)
Fresh Options Ideas:
INTC Weekly $22.50-23 Calls
TSLA Weekly $240-242.50 Calls
AIR 10/18 $70 Calls
*Only experienced traders should attempt to trade contracts on their day of expiration
Extended Watchlist:
XPON, KXIN, NUKK, LGCB, TGL, BDTX, NWE, WNDW, KANT, IJJP, PHBI, LBSR