Midweek Movers:
We are cruising right along this week, and our premarket report for Wednesday’s session was no exception to that. In fact, it was the best day of the week so far in terms of potential gains on the table. All four of the targets we formulated for the day posted some seriously positive intraday runs for us.
We had the SPY 01/14 $692 Puts, the BAC Weekly $54 Puts, the WFC Weekly $92-91 Puts, and the INFY Weekly $18 Calls on watch, and here’s the activity they recorded:
SPY 01/14 $692 Puts
$692: 1.91-5.84 (+206%)
_____
BAC Weekly $54 Puts
$54: .92-2.28 (+148%)
_____
WFC Weekly $92-91 Puts
$92: 2.25-3.90 (+73%)
$91: 1.04-3.03 (+191%)
_____
INFY Weekly $18 Calls
$18: .40-1.52 (+280%)
Fresh Options Ideas:
SPY 01/15 $693-694 Calls*
TSM Weekly $342.50-347.50 Calls
GS Weekly $920 Puts
BLK Weekly $1115-1120 Calls
INFY Weekly $19 Calls
*Only experienced options traders should attempt to trade contracts on their expiration day
Extended Watchlist:
SPHL, BNKK, ATPC, AUID, RILY, CGTL, RFIL