Monday in Review:
We took a rare day off yesterday, so the first thing we’re going to do today to jump back into the saddle, is to go over our most recent options ideas, from Monday morning’s premarket report. Then we’ll follow up with some fresh potential plays for today, and hopefully get right back into the swing of things.
Monday’s items of interest were the SPY 06/08 $742-743 Calls, the MU Weekly $920-925 Calls , the PENG Weekly $60 Calls, and the CPB Weekly $22 Calls. These were the best moves we saw from those targets:
SPY 06/08 $742-743 Calls
$742: 1.60-3.82 (+139%)
$743: 1.18-3.02 (+156%)
_____
MU Weekly $920-925 Calls
$920: 43.77-69.74 (+59%)
$922.50: 42.60-68.72 (+61%)
$925: 41.28-66.90 (+62%)
_____
PENG Weekly $60 Calls
$200: 5.98-9.49 (+59%)
_____
CPB Weekly $22 Calls
$200: .10-.35 (+250%)
Fresh Options Ideas:
SPY 06/10 $734-733 Puts*
CASY Weekly $770 Calls
CBRL Weekly $40 Calls
*Trading options contracts on their day of expiration should only be attempted by experienced traders
Extended Watchlist:
VSME, DSY, CHOW, CIIT, GCDT, QH, HWH, ENRD, MSW, HKIT, CLWT, WCT