Good Start to the Week:
We got the fresh trading week off to a pretty good start yesterday morning. Despite having no big name earnings reporters to work with, we floated a few ideas that flew in the face of the overall trend of the day, yet still managed to log some serious intraday upswings. Unfortunately, we’re just entering another dry spell for earnings, and as usual, we’ll get along however we sit fit on the day-to-day.
As for yesterday’s targets, we were looking at the TSLA Weekly $277.50-272.50 Puts, the NVDA Weekly $435-430 Puts, and the SPY 09/18 $444-443 Puts, and here are the kinds of intraday runs they established on the session:
TSLA Weekly $277.50-272.50 Puts
$277.50: 9.80-14.80 (+51%)
$275: 7.80-12.90 (+65%)
$272.50: 6.40-11.05 (+73%)
_____
NVDA Weekly $435-430 Puts
$435: 4.60-6.62 (+44%)
$432.50: 3.80-5.58 (+47%)
$430: 3.10-4.72 (+52%)
_____
SPY 09/18 $444-443 Puts
$444: .14-.88 (+528%)
$443: .47-.99 (+111%)
Fresh Options Ideas:
APOG 10/20 $50-55 Calls
DAVA 10/20 $45 Puts
Extended Watchlist:
CNXA, ELUT, AVGR, NAVB, CFFE, SEZL, EFAB, ENZC, NWBO, AABB, CLNV