Tuesday Recap, 4 Potential Trades

Tuesday’s Activity:

We were in solid shape again on Tuesday, keeping up the good momentum we’ve built up over the past couple weeks. We slated four possible targets in yesterday’s premarket report for our readers to track, and they all produced some nice intraday gains.

They were the SPY 07/21 $744-745 Calls, the CCK Weekly $115 Calls, the NVS Weekly $150-155 Calls, and the SCHW 102-101 Puts, and here were the biggest upswings they logged during Tuesday trading:

SPY 07/21 $744-745 Calls
$744: 
1.75-5.10 (+191%)
$745: 
1.21-4.09 (+238%)
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CCK Weekly $115 Calls
$115: 4.60-7.86 (+71%)
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NVS Weekly $150-155 Calls
$150: 5.10-8.71(+71%)
$155: 
4.39-5.80 (+32%)

SCHW 102-101 Puts
$102: 
.91-2.58 (+184%)
$101: 
.53-1.91 (+260%)



Fresh Options Ideas:

SPY 07/22 $746 Puts*
CB Weekly $350-345 Puts
PM Weekly $187.50 Puts
T Weekly $23-23.50 Calls

*Trading options contracts on their day of expiration should only be attempted by experienced traders


Extended Watchlist:
AEHR, RGC, NBIS, CBRS, OUST, PVLA, AAOI, AXTI, ACMR, BE, MXL

Monday’s Activity, 4 New Chances

Monday’s Runners:

We had a little bit of a mixed bag of results on Monday, pertaining to the plays in our premarket report for the week’s first session. While we did see positive movement in all of our designated contract sets, just three of our five possible targets yielded good chances for big daily profits.

We had the SPY 07/20 $745-746 Calls, the RYAAY Weekly $60 Puts, the DPZ Weekly $340 Calls, the STLD Weekly $230-240 Calls, and the AMC Weekly $2 Callson watch, and here were the best runs off of each of those strikes:

SPY 07/20 $745-746 Calls
$745:
.83-2.32 (+179%)
$746: .49-1.56 (+218%)
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RYAAY Weekly $60 Puts
$60: 2.00-3.60 (+80%)
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DPZ Weekly $340 Calls
$340: 11.22-13.99 (+25%)
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STLD Weekly $230-240 Calls
$230: 13.10-14.99 (+14%)
$240: 8.78-10.41 (+19%)
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AMC Weekly $2 Calls
$2: .32-.64 (+100%)


Fresh Options Ideas:
SPY 07/21 $744-745 Calls*
CCK Weekly $115 Calls
NVS Weekly $150-155 Calls
SCHW 102-101 Puts

*Trading options contracts on their day of expiration should only be attempted by experienced traders


Extended Watchlist:
ACHR, CIFR, XE, CLSK, BETA, HUT, GLXY, CHRN, AGX, MARA, RIOT

OWCP Recap, Fresh Options Ideas

SPY  Options Review 
.
We had one lone set of fresh options ideas to start the week off yesterday, signaling our interest in the SPY Weekly $284-286 Calls .

The markets did see a sharp rise in the first half of the session, despite returning to close flat on the day. That allowed for some reasonably solid chances for quick-strike gains in our designated target range.

Weekly $284-286 Calls 
$284: 3.52-6.09 (+73%)
$285: 3.79-5.49 (+45%)
$286: 3.29-4.90 (+49%)
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Fresh Ideas:
LMT Weekly $385-390 Calls
EFX Weekly $126-129 Calls
CCK 05/15 Weekly $60-65



OWC Pharmaceutical Research Corp. OWCP

It turned out to be OWCP that put up the most notable performance off of our extended watchlist yesterday. We saw the stock do big things last year, but were mentioning it for only the second time in 2020.

It put forth a couple of nice little moves on the day, first trading up from a low of .014 to .0289 (+92%), then pulling back to .0192 before hitting a new high of .036 (+88%). In total, the stock rose 157% from its early morning low to the ultimate high set during power hour.


Extended Watchlist:
CELZ, GFTX, HPMM, BLXX, BTH

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