Recapping Friday’s Movers:
Things played out very much like we suspected they would on Friday, as we capped off an exceptional trading week with some solid options ideas. We came up with a pair of quick-strike plays, as well as a couple of longer-term targets with September expirations. Both of the weekly ideas we floated ended up posting some pretty good intraday upswings.
Those ideas were the NVDA Weekly $420 Puts and the IONQ Weekly $14.50-15 Calls, and each of them produced the following multibag gain possibilities on the day:
NVDA Weekly $420 Puts
$420: 3.45-13.43 (+289%)
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IONQ Weekly $14.50-15 Calls
$14.50: .93-3.10 (+233%)
$15: .50-2.65 (+430%)
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We also saw new highs in the APP 08/18 $35-37.50 Calls which we flagged for observation on Thursday and reported on Friday. That considerably increased the percentage gains we had seen the previous session. The following figures represent the overall two-day swing:
APP 08/18 $35-37.50 Calls
$35: .70-4.50 (+543%)
$37.50: .24-2.35 (+879%)
Fresh Options Ideas:
NVDA Weekly $410-405 Puts
TSLA Weekly $237.50-235 Puts
MNDY Weekly $160-165 Calls
X Weekly $28.50-29.50 Calls
ERJ Weekly $15 Calls
Extended Watchlist:
TSHA, APE, AGBA, X, FRGT, AMRS, PTRA, GNS, ZYNE, GGE, TMC, PBLA