Tag: BEST

Wrap-Up to an Awesome Trading Week

Closing Out a Solid Options Trading Week: 

It’s time to wrap up yet another trading week, and this one definitely did not disappoint. We enjoyed excellent options success all week, and found some nice plays stock side as well. Two of our three fresh options plays from yesterday’s premarket report fared extremely well, and we also have some new highs in the McDonald’s contracts we targeted on Wednesday morning.

Those specific targets from yesterday were the MRK Weekly $81-83 Calls, the MA Weekly $340-345 Calls, and Wednesday’s were the MCD Weekly $240-242.50 Calls. The total ranges and possible gains on these plays have been as follows:

MRK Weekly $81-83 Calls
$81: 2.62-5.70 (+118%)
$82: .80-4.83 (+503%)
$81.50: 1.21-4.30 (+255%)
$83: .65-3.80 (+485%)
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MA Weekly $340-345 Calls
$340: 2.01-4.94 (+146%)
$342.50: 1.38-3.61 (+162%)
$345: .88-2.62 (+198%)
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MCD Weekly $240-242.50 Calls
$240: 1.63-6.04 (+271%)
$242.50: .75-3.75 (+400%)

Fresh Options Ideas:
SKX Weekly $46-47 Calls*
XOM Weekly $63-65 Calls*
CVX Weekly $113-115 Calls*
ABBV Weekly $110-112 Calls*

*Please don’t try to trade weekly options on a Friday unless you are an experienced trader with access to disposable funds!  

Voyager Digital, Inc. VYGVF – Recap:

We tagged VYGVF in yesterday’s extended watchlist, and for a $10 stock, it certainly produced an excellent intraday performance.

It ran from 10.75-14.886 for an intraday rise of 38% and it occurred on huge volume, to the tune of nearly five times the 30-day moving average. With that kind of momentous session, we’re going to want to stay trained on this play in upcoming sessions.

Extended Watchlist:
GFAI, WIMI, BEST, ABIO, IONQ, XELA, PHIL, TGGI, UITA, TSOI

Finishing Out the Trading Week with a Bang

Options Blowout Continues:

In yesterday morning ‘s premarket report, two of our three sets of fresh options ideas were bearish in nature, and despite the markets going on a tear for the session, it was those puts that fared the best.

We’re talking about the CI Weekly $225 Puts, and the ROKU Weekly $395-390 Puts, both of which recorded multi-bag intraday runs on the day. Those figures were as follows: 

CI Weekly $225 Puts
$45: 9.50-24.50 (+158%)
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ROKU Weekly $395-390 Puts
$395: 4.31-10.02 (+132%)
$392.50: 3.73-8.12 (+118%)
$390: 2.92-7.30 (+150%)

Moderna, Inc. MRNA – Update:

We also wanted to swing back around to provide an update on the MRNA Calls that we initially began tracking on June 21st, the MRNA 08/20 $195-210 Calls. The stock itself has exploded over that time period, from a low of 200.00 the day of our first alert, to yesterday’s new high of 443.99, a move of 122%  That move has facilitated these amazing gains in our designated options plays:

MRNA 08/20 $195-210 Calls
$195: 23.50-222.50 (+847%)
$200: 18.00-241.10 (+1239%)
$210: 13.55-214.50 (+1483%)


eXp World Holdings Inc. EXPI – Update:

We’ve also been following another set of longer term calls, the EXPI 08/20 $40-45 Call, which continue to pile on the new highs for us.

EXPI 08/20 $40-45 Calls
$40: 1.55-10.00 (+545%)
$45: 1.30-5.70 (+338%)

These gains were made possible in part by the buzz caused by the company’s blockbuster earnings report and first-ever cash dividends. We will look to roll up our strike area to include the $50 Calls as well, with EXPI appearing ready to continue its impressive upward trajectory.

Fresh Options Ideas:
DKNG Weekly $53.50-55.50 Calls*
CVNA Weekly $355-370 Calls*

*Beginning-to-intermediate level traders should not attempt to trade options on their day of expiration 

Extended Watchlist:
KXIN, ANY, BEST, MVST, TSOI, RGBP, TXTM, ASTI, EEGI, NWBO, ICOA, JOEY