Big 1100% Gainer, Fresh Ideas

Wednesday’s Movers:

After sweeping the board with mostly bearish plays from Tuesday, in yesterday’s premarket report we flipped back to the other side of the fence with a mostly bullish slate of possible options trading ideas. What resulted was another clean sweep of solid gainers on the day, including an 11-bagger as the star of the show. We hope to continue to maintain this level of exciting activity with the help of a huge dump of major earnings hitting the wires this morning. It should allow us to close out this excellent trading week on a high note today and tomorrow.

Yesterday’s picks were the DOCS Weekly $32.50-30 Puts, the TGT Weekly $155-157.50 Calls, the DT Weekly $49-51 Calls, and the WIX Weekly $85-90 Calls, and as you can see from the intraday breakdowns below, the gain chances were pretty serious.

DOCS Weekly $32.50-30 Puts
$32.50:
 .44-.85 (+93%)
$30: .05-.10 (+100%)
_____

TGT Weekly $155-157.50 Calls
$155:
 2.83-7.82 (+176%)
$157.50: 1.97-5.76 (+192%)
_____

DT Weekly $49-51 Calls
$49:
 .15-.35 (+133%)
$50: .05-.60 (+1100%)
$51: .05-.10 (+100%)
_____

WIX Weekly $85-90 Calls
$85:
 .30-.71 (+137%)
$90: .05-.15 (+200%)


Fresh Options Ideas:
TTWO Weekly $139-141 Calls
WMT Weekly $150-152.50 Calls
BABA Weekly $90-92 Calls
BEKE Weekly $16.50-17 Calls
BBWI Weekly $36-37.50 Calls 


Extended Watchlist:
ICU, ALIM, IFBD, CWD, HILS, AABB, SICP, ASPU, HIRU, PLPL

4 Fresh Ideas for a New Trading Week

Friday Options Recap:

It was a little bit of a subdued finish to what was an otherwise fairly exciting week of trading on Friday. We had a limited slate of earnings reporters on the day, but still formed a few ideas that managed to make some early moves. The percentage gains weren’t quite on a level that would get us overexcited, but all contracts involved did make reasonable moves, with one lone exception.

Those ideas that we were tracking were the SPB 05/19 $65-70 Calls, the TSLA Weekly $175-177.50 Calls, and the SPY 05/12 $412.50-413 Calls. Here’s how their early positive movement played out in terms of total possible gains for quick traders:

SPB 05/19 $65-70 Calls 
$70: .83-1.69 (+104%)
_____

TSLA Weekly $175-177.50 Calls
$175:
 .36-.60 (+67%)
$177.50: .38-.62 (+63%)
_____

SPY 05/12 $412.50-413 Calls
$412.50: .20-.36 (+80%)
$413: .13-.24 (+85%)
_____

We’ve also been tracking the IFF 05/19 $95-90 Puts since our report from this past Tuesday the 9th, and IFF continued to decline all week, leading to some really nice new highs in those targets:
 
IFF 05/19 $95-90 Puts
$95: 2.90-12.10 (+317%)
$90: 1.79-7.20 (+302%)


Fresh Options Ideas:
SPY 05/15 $411-412 Calls*
MNDY Weekly $145-155 Calls
SHAK Weekly $66-67 Calls
NRG 06/16 $33-34 Calls 

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


Extended Watchlist:
SIRI, WISZ, MGOL, ALGS, OMH, LMFA, SRPT, AABB, GMPW, SEII, HDUP

Closing Out a Short Yet Sweet Trading Week

Wednesday’s Options Runners:

We were running a little light yesterday with regard to the slate of earnings reporters from which we had to choose some daily options plays, but that didn’t stop us from producing a pair of solid runners on the day in our premarket report. Both of the ideas we ventured possible targets in, recorded some significant intraday movement for us in a positive direction.

Our areas of interest were the SMPL 04/21 $40-35 Puts, and the DLO 04/21 $16-15 Puts, and while the potential gains they produced weren’t life-changing, they were certainly very respectable, as they put up the following figures for the session:

SMPL 04/21 $40-35 Puts
$40:
 3.30-4.50 (+36%)
$35: .30-.75 (+150%)
_____

DLO 04/21 $16-15 Puts
$16:
 1.32-3.70 (+180%)
$15: .65-3.00 (+362%)


Fresh Options Ideas:
STZ Weekly $220-225 Calls*
LEVI 04/21 $18 Puts
LW 04/21 $105 Calls
BA 05/05 $220-210 Puts

*We do not recommend you try to trade options on their day of expiration unless you are an experienced trader with access to disposable funds. 



Extended Watchlist:
YVR, OCTO, AMC, MCOM, GRRR, HCNWF, MONI, AABB, MASN