Options Review:
We came up with a couple of options trading ideas in yesterday morning’s premarket report based off of earnings plays. We designated ranges of contracts to watch in the GS and MRNA chains and they both produced considerable intraday opportunities.
Our specific targets were the GS Weekly $330-332.50 Calls, and the MRNA Weekly $150-152.50 Calls and we saw multibag moves in both cases, with the Goldman Sachs ideas really stealing the show on the strength of some eye-popping moves. Those gains were as follows:
GS Weekly $330-332.50 Calls
$330: 1.95-14.55 (+646%)
$332.50: 1.51-12.17 (+706%)
_____
MRNA Weekly $150-152.50 Calls
$150: 4.26-11.35 (+166%)
$152.50: 3.05-8.60 (+182%)
_____
We also had given readers an idea this past Friday morning on the LEVI 04/16 $26-27 Calls, and the stock has popped off to new highs this week, allowing for some huge potential profits for anyone who caught on to those targets:
LEVI 04/16 $26-27 Calls
$26: .25-1.65 (+560%)
$27: .05-.75 (+1400%)
Fresh Options Ideas:
SPY Weekly $414-415 Calls
TSM Weekly $120-121 Calls
PGR Weekly $97.50-100 Calls
Extended Watchlist:
TBEV, UBQU, APYP, RNVA, PRPM, HAON