Roku, Inc. ROKU – Recap
Typically, our ideas include stocks and options that are suited for short-term, quick-strike style trades. But occasionally, when the situation calls for it, we do formulate longer-term ideas.
Such was the case on the morning of September 23rd, when we tagged the ROKU 11/01 $115-118 Calls for extended observation. We provided an update on Friday of last week, but the gains experienced have since increased considerably.
$115 Calls – Range: 3.00-11.72 – Max Gain: 291%
$116 Calls – Range: 3.60-11.14 – Max Gain: 209%
$117 Calls – Range: 2.82-10.60 – Max Gain: 276%
$118 Calls – Range: 2.50-10.20 – Max Gain: 308%
Based on the stock’s premarket activity, we would expect to see these figures rise even further as we close out another trading week.
Bonus Idea: ROKU Weekly $122-123 Calls
Bed Bath & Beyond, Inc. BBBY
We did include one of our typical fast-strike plays in yesterday morning’s premarket report, with our highlighting of the BBBY Weekly $13-12 Puts. That idea turned out to be extremely successful as well, with multi-bag intraday performances from both contract sets.
The $13 Puts ran from .51-1.27, marking a move of 149%, while the $12’s ran even harder, trading in a range from .10-.45 and rising by 350%
Fresh Idea:
SPY SPDR S&P500 (ETF) SPY Weekly $293-.50-295.50 Calls*
*Never trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds.
Extended Watchlist:
TTNP, BCS, KTOS, TNP, OGI, PUK, WEN, TRNX, SRRA