Closing Out a Highly Successful Short Week

Thursday’s Big Bangers: 

Thursday’s session turned up another nice crop of movers, with regard to our premarket earnings-based options ideas. We were looking a trio of earnings plays and went bearish on them all. A lackluster day from the markets in general aided our efforts, and we were able witness some really nice runs out of our selected plays.

We were honed in on the PG Weekly $144-142 Puts, the AA Weekly $52-50 Puts, and the DFS Weekly $96-94 Puts, and most of the target contracts in question posted some serious multibag moves on the day. Here are the ranges and total possible gains to be had on the backs of those ideas:

PG Weekly $144-142 Puts
$144:
 .36-1.95 (+441%)
$143: .22-1.25 (+468%)
$142: .14-.81 (+478%)
_____

AA Weekly $52-50 Puts
$52:
 .75-2.40 (+220%)
$51: .39-1.62 (+315%)
$50: .21-.85 (+304%)
_____

DFS Weekly $96-94 Puts

$96: 1.25-2.00 (+60%)
$95: .90-1.90 (+90%)
$94: .50-1.65 (+230%)


Fresh Options Ideas:
NFLX Weekly $332.50-340 Calls*
RF Weekly $21-22 Calls*
SLB Weekly $57-58 Calls*
ALLY Weekly $27-29 Calls*
SPY 01/20 $388-390 Calls*

*Please don’t attempt to trade options on their day of expiration unless you are an experienced trader with access to disposable funds!


Extended Watchlist:
WSRC, BRLL, DRCR, KYNC, QSEP, APSI, GNS, WISA, HLBZ, APPH, LHDX, ARVL

Another All-Star Options Trading Week

Closing Out a Fruitful trading Week: 

It was another really good week for us with respect to our options trading acumen. We try hard every single morning to provide a solid array potential ideas that are timely, and that we feel give us good chances to turn a notable profit over the course of a day.

Yesterday was yet another example of a clean sweep for our options targets, with everything that we had signaled for observation recording good gains during the session. We had targeted the SPY 01/12 $395-397 Calls, the TSM Weekly $82.50-85 Calls, and the CRWD 01/27 $98-99 Calls, and they all yielded excellent opportunities. The moves broke down as follows:

SPY 01/12 $395-397 Calls
$395: 
.85-3.53 (+315%)
$396: .60-2.60 (+333%)
$397: .34-1.75 (+414%)
_____

TSM Weekly $82.50-85 Calls
$82.50: 2.06-6.30 (+206%)
$83: 2.00-5.75 (+188%)
$84: 1.23-4.85 (+294%)
$85: .76-3.86 (+408%)
_____

CRWD 01/27 $98-99 Calls 
$98: 2.17-3.85 (+77%)
$99: 1.86-3.25 (+75%)


Fresh Options Ideas: 
JPM Weekly $139-136 Puts*
BAC Weekly $34.50-33.50 Puts*
C Weekly $48-49 Calls*

TSLA Weekly $118-115 Puts*

*Trading options on their day of expiration is typically a higher risk/reward situation, and should only be attempted by experienced traders


Extended Watchlist:
ARVL, HEXO, RDHL, ZVSA, APRN, SPCE, STEK, ETHE, ZRFY, BCGG, VPLM

Hitting on Every Options Play, Fresh Ideas

Another Flawless Options Performance:

The solid run of good fortune we’ve had with earnings this week continued yesterday with notable performances coming from each of the three potential options plays that we highlighted in in our premarket report. Even as the markets have endured some ugly activity, we’ve still been able to generate useful ideas for ourselves and our readers.

The targets that we were tracking were the BBBY Weekly $6.50-7.00 Calls, the KMX 10/21 $75-70 Puts, and the RAD Weekly $7.00-6.50 Puts. In each and every contract set we achieved double bag status or better, so all in all, we would consider that a very fruitful session. Here are the types of gain chances we were working with on the day:

BBBY Weekly $6.50-7.00 Calls
$6.00:
 .07-.14 (+100%)
$7.00: .05-.11 (+120%)
_____

KMX 10/21 $75-70 Puts
$75: 
3.80-10.50 (+176%)
$72.50: 2.80-7.87 (+181%)
$70: 1.85-6.80 (+267%)
_____

RAD Weekly $7.00-6.50 Puts
$7.00: 1.00-2.03 (+103%)
$6.50: .60-1.55 (+158%)


Fresh Options Ideas:
NKE Weekly $87-84 Puts
SPY 09/30 $361-363 Calls
UNFI 11/18 $30-35 Calls


Extended Watchlist:
AIMD, ARVL, SAI, EDSA, FXLV, GTII, WINR, SHMP, GPOX, AMNL