Tag: BRLL

Tuesday’s Runners, Four Fresh Ideas

Tuesday’s Solid Options Gainers:

We were fairly light on earnings reporters yesterday morning, and not much was jumping out to us during our morning scans. This resulting in our only setting forth potential ideas for two options chains. That being said, we did see the opportunity for some very nice intraday profits with both of those ideas.

The newly presented targets in our premarket report were the GFS 11/18 $60 Calls, and the DD Weekly $62-64 Calls. Despite the longer period prior to expiration, it was the GFS Calls for next week that blasted off and provided us with a huge multibag gain chance.

GFS 11/18 $60 Calls
$60: 1.00-4.20 (+320%)
_____

DD Weekly $62-64 Calls
$62: 3.30-5.62 (+70%)
$63: 2.64-4.67 (+77%)
$64: 1.80-3.50 (+94%)

Fresh Options Ideas:

TTD Weekly $46.50-48 Calls
META Weekly $99-101 Calls
DIS Weekly $95-92 Puts
RBLX Weekly $35-33 Puts 

Extended Watchlist:
ATLX, MACK, FORZ, GMNI, BRLL, NRBO, MULN, KOLD, KALA, ARRY

1800% Options Runner & More

Recap of Tuesday’s Plays:

With yesterday morning’s premarket report, it marked at least the third straight session where targets in the SPY chain have been our primary focus. We have been inclined to take the bearish path over this span, and have been rewarded for our efforts each and every day.

Yesterday we had zeroed in on the SPY 09/21 $386-385 Puts, and another of our potential plays, the APOG 10/21 $40-45 Calls also recorded some really good activity for us, including an absolutely mind-bending 1800% runner! Congratulations are most definitely in order for anyone who able to identify and take advantage of that massive mover.

SPY 09/21 $386-385 Puts
$386: 3.68-6.22 (+69%)
$385: 3.23-5.98 (+85%)
_____

APOG 10/21 $40-45 Calls
$40: 1.80-2.50 (+39%)
$45: .05-.95 (+1800%)

Fresh Options Ideas:
GIS 10/21 $77.50-80 Calls
MEDP 10/21 $155-165 Calls

Extended Watchlist:
HKD, RMED, BOIL, SHC, TELL, TSOI, TXTM, VNTH, BRLL, GMER, TLSS

Looking to the SPY Amid Earnings Drought

Leaning on the SPY:

We started off the fresh trading week yesterday on fairly decent footing. We formulated a batch of three options ideas in yesterday morning’s premarket report, a couple of quick-strike plays and a longer-term idea. Both of the near-term targets looked pretty good for us on the day.

Those plays were the SPY 09/19 $385-383 Puts and the TTWO Weekly $119-121 Calls , with the latter producing larger gain opportunities by a fairly large margin as you can see here. We’re going to stick with the strategy of going bearish on the SPY once again today with a fresh target range that you can find below. We may find ourselves looking to the SPY more and more as the present earnings dry period persists.

SPY 09/19 $385-383 Puts
$385: .70-2.00 (+186%)
$384: .50-1.46 (+192%)
$383: .34-1.02 (+200%)
_____

TTWO Weekly $119-121 Calls
$119: 3.50-4.00 (+17%)
$120: 3.40-5.23 (+54%)
$121: 2.40-3.50 (+46%)

Fresh Options Ideas:
SPY 09/21 $386-385 Puts
APOG 10/21 $40-45 Calls
GIII 10/21 $15-17.50 Calls

Extended Watchlist:
VRAX, MGAM, RCOR, INSW, CYDVF, BERI, BRLL, GOCOF, ATMH