Tuesday’s Movers:
We kept things moving fast on the options front yesterday morning, as we laid out possible plays for five separate targets for the session. It should come as very little shock, especially given our spot-on recent performance, that each and every one of the potential plays we highlighted produced significant intraday opportunities.
Our interests for the session included the GTLB Weekly $43-45 Calls, the HQY 06/16 $60 Calls, the THO 06/16 $85 Calls, the ASO Weekly $46-44 Puts, and the CBRL 06/16 $95-85 Puts. Regardless of which target or strike point was chosen, the intraday gain chances were palpable. Here’s how it all broke down for us:
GTLB Weekly $43-45 Calls
$43: 1.30-4.40 (+238%)
$44: 1.00-3.50 (+250%)
$45: .65-2.85 (+338%)
_____
HQY 06/16 $60 Calls
$60: 3.50-7.74 (+121%)
_____
THO 06/16 $85 Calls
$85: 2.90-8.88 (+206%)
_____
ASO Weekly $46-44 Puts
$44: .05-.25 (+400%)
$45: .06-.15 (+150%)
$46: .05-.10 (+100%)
_____
CBRL 06/16 $95-85 Puts
$95: 1.80-3.70 (+106%)
$90: .51-1.32 (+159%)
$85: .10-.52 (+420%)
Fresh Options Ideas:
PLAY 06/16 $35 Calls
CPB Weekly $50-49 Puts
OLLI 06/16 $62.50-60 Puts
BASE 06/16 $20-17.50 Puts
Extended Watchlist:
FARM, WEJO, CJET, MOBQ, FRGT, SVRE