Midweek Movers, 3 Fresh Options Ideas

Tuesday’s Winners:

Tuesday was another pretty good outing for us in terms of our daily options targets. We had three possible plays in our premarket report for the session, and saw solid intraday results from all three of them. As we were mentioning yesterday morning, a momentary earnings drought this midweek forced us to poke around for other good opportunities, and we managed nicely.

We had selected the PLAY Weekly $10 Puts, the MU Weekly $1100-1105 Calls, and the AMZN Weekly $247.50 Calls to put on watch, ad here were the biggest positive moves we saw out of each of those targets:

PLAY Weekly $10 Puts
$10:
 .05-.10 (+100%)
_____

MU Weekly $1100-1105 Calls
$1100:
 11.08-20.24 (+83%)
$1105: 10.33-18.55 (+80%)
_____

AMZN Weekly $247.50 Calls

$247.50: 1.20-3.20 (+167%)


Fresh Options Ideas:
LZB Weekly $40 Calls
PGR Weekly $207.50-210 Calls
KMX Weekly $52.50 Calls


Extended Watchlist:
EHGO, CLWT, ICCM, AZTR, QURE, LNAI, YMAT, BIO, FTHM, CLPT, SDOT, NIVF, CIIT, BRAI

Wrapping Up Another Good Week, 5 Fresh Plays

Thursday’s Trio of Winners:  

We got things back on track in terms of options trading ideas yesterday morning. We included a trio of potential plays, and were happy to see a lot of good activity, with winners across the board. It’s a good way to head into the end of the week as we attempt to do it one more time this morning. Another earnings season has come and gone, but as usual we will do our best to generate plenty of ideas based on other factors until we’re back in the thick of things in a few weeks’ time.

Yesterday’s targets were the SMTC Weekly $22-23 Calls, the SPY 09/14 $447-448 Calls, and the BABA Weekly $87-89 Calls, and they produced the following caliber of intraday moves and total potential profits for traders:

SMTC Weekly $22-23 Calls
$22:
 1.55-3.00 (+94%)
$23: .75-2.15 (+187%)
_____

SPY 09/14 $447-448 Calls
$447: 1.23-4.20 (+241%)
$448: .66-3.06 (+364%)
_____

BABA Weekly $87-89 Calls
$87:
 1.07-1.76 (+95%)
$88: .60-1.06 (+77%)
$89: .32-.59 (+84%)


Fresh Options Ideas*:
DASH Weekly $82-81 Puts
ADBE Weekly $537.50-530 Puts
MITK Weekly $12.50 Calls
LEN Weekly $117-115 Puts

BIO Weekly $370 Calls

*All of today’s targets expire at the close. Do not attempt to trade options on their day of expiration unless you are an experienced options trader!


Extended Watchlist:
CNXA, AGRI, LIFW, CNXA, ULH, AWIN, DSHK, ZNOG

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