More Options Recaps
If it seems like we spend a lot of time going over options plays we’ve highlighted, it’s because our ideas are constantly turning in incredible performances.
Yesterday, after going over some prior wins, we offered up ideas for PLCE and CHWY, and sure enough, those were solid movers too. The following opportunities were there for the taking in those plays:
PLCE Weekly $61-59 Puts
$17 Puts – Range: 4.35-7.10 – Max Gain: 63%
$16 Puts – Range: 2.35-6.70 – Max Gain: 185%
$15 Puts – Range: 2.30-5.20 – Max Gain: 126%
CHWY Weekly $25.50-26 Calls
$25.50 Calls – Range: 1.05-2.13 – Max Gain: 103%
$26 Calls – Range: .80-1.64 – Max Gain: 105%
Fresh Options Idea:
We’re going to place the Lumber Liquidator Holdings, Inc. LL Weekly $9.50-10 Calls on watch, with the express understanding that if the stock manages to breach its 200DMA of 10.20, that we will want to roll up to include the $10.50’s as well.
Extended Watchlist:
LMPX, AMRX, RTTR, JAGX, CIEN