Another Fruitful Trading Week:
Success with options trading, has, in typical fashion, worked just just like clockwork for us this week. As we prepare to close out another fine trading week here, we maintained the trend of selecting winners in yesterday morning’s premarket report, where we offered up a trio of ideas, and saw quite a bit of positive movement.
We were focused on the OXM 04/14 $80-85 Calls, the SPY 03/25 $444-446 Calls, and the MOMO Weekly $7.50-7.00 Puts. The gains therein were not enormous, but still notable, with the exception of the OXM $80’s which we will omit because they only increased by 8%. In the case of the ABNB 04/01 $160-165 Calls, we signaled those as a longer-term play exactly three weeks ago today on the 4th, and the stock has been on an impressive run since then, logging some serious multi-bag moves in those targets.
OXM 04/14 $85 Calls
$85: 5.00-9.00 (+80%)
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SPY 03/25 $444-446 Calls
$444: 3.15-6.83 (+80%)
$445: 2.55-5.90 (+106%)
$446: 2.03-5.08 (+103%)
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MOMO Weekly $7.50-7.00 Puts
$7.50: .87-1.11 (+28%)
$7: .06-.18 (+200%)
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ABNB 04/01 $160-165 Calls
$160: 1.47-12.22 (+731%)
$162.50: 1.54-10.05 (+553%)
$165: .90-8.57 (+852%)
Fresh Options Ideas:
SPY 03/25 $450-452 Calls
TLRY Weekly $7-8 Calls
DOOO Weekly 04/14 $70-75 Calls
NIO Weekly $21.50-21 Puts
Extended Watchlist:
ETCG, POYYF, MJNA, DUTV, HEMP, IGEX, ELEK, SNDL, CLVR, MFH, NILE, GNLN,