Solid Options Movers

Options Roundup

We’ve got updates on a few of the options ideas we’ve been tracking this week. Despite a poor day for the markets in general, we were able to witness some solid intraday gain opportunities.

The following are the intraday ranges on our ideas for the options chains of RH, LULU, and the SPY:

RH Weekly $360-380 Calls 
$360: 33.04-50.00 (+51%)
$365: 28.79-43.00 (+49%)
$370: 24.50-40.38 (+65%)
$375: 21.46-35.78 (+67%)
$380: 17.69-31.60 (+79%)
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LULU Weekly $340-335 Puts 
$340: 6.61-21.57 (+226%)
$337.50: 6.10-18.12 (+197%)
$335: 3.98-16.72 (+320%)
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SPY Calls $340-341 Calls
$340: 1.81-2.78 (+54%)
$341: 1.40-2.20 (+57%)


Fresh Options Ideas

As we always like to do whenever possible, we’ll leave things off by signaling interest in some fresh options ideas to carry us across the finish line for the week.

ORCL Weekly $59-60.50 Calls
OSTK Weekly $77-78 Calls


Extended Watchlist:
BRTXQ, VNUE, SPI, GDET, DKMR

Wrapping Up a Successful Week

Options Review:

The three short-term options trading ideas that we formulated for yesterday morning’s premarket report were in the BURL, TIF, and DG chains on the heels of the three big name companies reporting their quarterly earnings figures.

In each case, we were able to witness noteworthy intraday gains, most of which did reach multibag gainer status on the day:

BURL Weekly $195-197.50 Calls
$195:
 4.24-9.78 (+131%)
$197.50: 3.00-6.50 (+117%)
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TIF Weekly $122-123 Calls
$122:
 .82-1.94 (+137%)
$123: .80-1.40 (+75%)
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DG Weekly $205 Calls
$205:
 .50-1.75 (+250%)

These successful picks mark the continuation of what has been a very productive month of August for us. The vast majority of the ideas we have put forth have subsequently recorded multibag jumps.


Fresh Options Ideas:
DELL Weekly $62.50-65 Calls
WDAY Weekly $235-245 Calls
ULTA Weekly $245-260 Calls


Extended Watchlist:
NOVN, VSTM, BRTXQ, AXXA, CMGO, TLSS, BBRW, DLOC