Tag: BABA

Closing Out the Week Strong, Fresh Ideas

Options Reviews:

It’s a challenging time to be navigating the daily ins and outs of the current economic environment, especially with a dearth of big name earnings on the docket, but we have still been managing quite well, all things considered. Two of our three options targets went for some nice gains yesterday, and in addition to those, we have updated on a couple of longer term plays that have come into some really solid moves. 

Yesterday’s winning targets from our premarket report were the ADBE Weekly $372.50-370 Puts, and the KR Weekly $51-49.50 Puts, so we’ll have the intraday figures on those for you below. Both of the other plays from past reports expire today as well, and the moves below represent the overall increases we’ve observed since formulating the ideas. It was our report on Friday the 3rd when we signaled the ASAN 06/17 $22.50 Puts, and Tuesday the 7th when we put the GTLB 06/17 $40-45 Calls on our radar.

ADBE Weekly $372.50-370 Puts
$372.50: 13.15-19.00 (+44%)
$370: 11.89-18.20 (+53%)
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KR Weekly $51-49.50 Puts
$51: 1.75-2.73 (+56%)
$50: 1.00-2.01 (+101%)
$49.50: .97-1.62 (+67%)
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GTLB 06/17 $40-45 Calls
$40: 2.50-7.87 (+215%)
$45: .81-4.50 (+456%)
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ASAN 06/17 $22.50 Puts
$22.50: 1.82-6.20 (+241%)

Fresh Options Ideas:

ADBE Weekly $352.50-347.50 Puts*
MP Weekly $30 Calls*
GO Weekly $40 Calls*
BABA Weekly $105-108 Calls*

*Trading options on their day of expiration can carry a heightened level of risk and should only be attempted by seasoned options traders.

Extended Watchlist: 
REV, ATHX, MREO, KZIA, ELMS, BLBX, IMPP, SYSX, HIRU, VGID, RTON, 

Friday’s Options Perfection, Fresh Idea for the SPY

Friday’s Options Review: 

The markets got absolutely crushed to close out the week on Friday, so it was fortunate that the majority of the plays that we offered up as intraday trading ideas were on the bearish side of the fence. However, the one set of calls that we rode with also bucked the trend and posted some huge gains, so we swept the board with a perfect performance on the day.

Our particular targets for the day were the BABA Weekly $110-113 Calls, the DOCU Weekly $68-65 Puts, the SPY 06/10 $400-398 Puts, and the SFIX Weekly $7-6.50 Puts. The potential profits produced by these plays did not disappoint. Those figures were as follows:

BABA Weekly $110-113 Calls
$110: .27-.95 (+252%)
$111: .09-.49 (+444%)
$112: .03-.27 (+800%)
$113: .01-.14 (+1300%)
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DOCU Weekly $68-65 Puts
$68: .91-3.70 (+307%)
$67: .54-3.00 (+455%)
$66: .36-2.20 (+511%)
$65: .20-1.50 (+650%)
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SPY 06/10 $400-398 Puts
$400: 5.24-11.00 (+110%)
$399: 4.57-9.28 (+103%)
$398: 3.88-8.31 (+114%)
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SFIX Weekly $7-6.50 Puts
$7.00: .05-.25 (+400%)
$6.50: .20-.55 (+175%)

Fresh Options Idea:

As we mentioned at the outset of last week, we’re heading into a very thin and spotty time in terms of big name earnings reporters, which are typically our daily bread and butter for quick-strike options trading opportunities. In times like these, we usually rely upon playing daily SPY targets. Today we’re going to look at the SPY 06/13 $385-383 Puts.

Extended Watchlist:
GMVD, IMPP, DAWN, BLUE, RDBX, MWWC, CYDY, ENZC, IGXT, AWSI, MMMM, 

Options Recap, 4 Fresh Ideas & More

Thursday’s Options Review: 

We’re ready to wrap up another trading week today, and it was a heck of solid one for us on the options front. We were bearish on most of our highlighted ideas for the day, and the markets took a serious dive in the second half of the session, which facilitated some kind gains. However, our one bullish target bucked the overall trend and delivered some notable intraday moves as well, so all in all it was a pretty good outing.

The winning targets that we were focusing our attention upon were the SIG Weekly $65-67 Calls, the BILI Weekly $27.50-26.50 Puts, and the NIO Weekly $20.50-19.50 Puts. The potential gains they yielded for the session were very respectable, and went as follows:

SIG Weekly $65-67 Calls
$65: 2.69-5.00 (+86%)
$66: 1.85-4.10 (+122%)
$67: 1.35-3.30 (+144%)
_____

BILI Weekly $27.50-26.50 Puts
$27.50: 1.24-2.65 (+114%)
$27: .80-2.18 (+173%)
$26.50: .60-1.88 (+213%)
_____

NIO Weekly $20.50-19.50 Puts
$20.50: 1.06-1.80 (+70%)
$20: .70-1.36 (+94%)
$19: .45-.95 (+111%)

Fresh Options Ideas:
BABA Weekly $110-113 Calls
DOCU Weekly $68-65 Puts
SPY 06/10 $400-398 Puts
SFIX Weekly $7-6.50 Puts

Extended Watchlist:
AHFD, ALMTF, MWWC, EBML, ITNS, TCRT, PALT, BRQS, NISN, RGS, BIMI