Tuesday’s Movers:
We kicked off this holiday-shortened 4-day trading week in good form on Tuesday, with our premarket report containing three potential options targets, all of which displayed some measure of success on the session. The SPY continues to be our favorite instrument when it comes to taking advantage of market volatility, and that proved out once again yesterday, with some massive gain chances coming from that idea.
We had the SPY 05/27 $584-586 Calls, the OKLO Weekly $49-50 Calls and the DJT Weekly $27-28 Calls on watch. These were their best runs of the day:
SPY 05/27 $584-586 Calls
$584: 1.99-7.44 (+274%)
$585: 1.44-6.56 (+356%)
$586: 1.04-5.56 (+437%)
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OKLO Weekly $49-50 Calls
$49: 1.80-6.20 (+234%)
$49.50: 1.75-5.85 (+234%)
$50: 1.50-5.50 (+266%)
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DJT Weekly $27-28 Calls
$27: .25-.40 (+60%)
$27.50: .19-.31 (+63%)
$28: .40-.63 (+57%)
Fresh Options Ideas:
DKS Weekly $177.50-180 Calls
BOX 06/20 $35 Calls
M Weekly $12.50 Calls
OKTA Weekly $112-110 Puts
SPY 05/28 $590-591 Calls
*Trading options contracts on their day of expiration should only be attempted by experienced traders
Extended Watchlist:
PONY, SBET, WRD, RXRX, LUNR, LFST