Monday’s Runners, 3 Fresh Plays

Monday Review:

We were running a little light yesterday morning with respect to our our premarket report, having highlighted just a pair of potential options targets. We went with one set of weeklies, and a longer-term play, and our short-term set put up some good numbers right out of the gate.

Those big movers were the ON Weekly $73-74 Calls. We also want to swing back around for one of last week’s longer-term ideas that came to fruition, the SAP 11/15 $230-240 Calls. The figures presented there will be the lows following our alert on them last Tuesday, to yesterday morning’s highs.

ON Weekly $73-74 Calls
$73:
 1.00-3.08 (+208%)
$74: .71-2.40 (+238%)
_____

SAP 11/15 $230-240 Calls
$230: 7.25-13.00 (+79%)
$240: 3.00-6.18 (+106%)


Fresh Options Ideas:
MCD Weekly $295-290 Puts
CDNS 11/15 $265-270 Calls
NVS 11/15 $115-110 Puts

*Trading options contracts on their day of expiration should only be attempted by experienced traders 


Extended Watchlist: 
GLYC, BKYI, SHPH, LIXT, PFIE, AREB

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