Options Review, 3 Ideas for Friday

Thursday Recap:

We crushed it again on Thursday with the potential options trading ideas listed in our premarket report. We lined up five possibilities, and the activity that came back on those was overwhelmingly positive. There wasn’t a single set of contracts that posted a run of less than 100% which is the type of performance we’re always striving for.

Yesterday’s list was comprised of the CRM Weekly $240-242.50 Calls, the SNOW Weekly $242.50 Puts, the FIVE Weekly $165 Calls, the KR Weekly $65 Puts, and theDG Weekly $112-113 Calls. Here’s you’ve got the best moves each of them posted for us on Thursday:

CRM Weekly $240-242.50 Calls
$240: 
2.75-9.24 (+236%)
$242.50: 1.71-7.00 (+309%)
_____

SNOW Weekly $242.50 Puts
$242.50: 
4.50-9.15 (+103%)
_____

FIVE Weekly $165 Calls
$165: 
4.00-8.00 (+100%)
_____

KR Weekly $65 Puts
$65: 
1.37-3.97 (+190%)
_____

DG Weekly $112-113 Calls

$112: 4.09-12.75 (+212%)
$113: 3.55-10.80 (+204%)


Fresh Options Ideas:
HPE Weekly $21.50-21 Puts*
ULTA Weekly $567.50-572.50 Calls*
DOCU Weekly $67-66 Puts*

*Only experienced options traders should attempt to trade contracts on their expiration day


Extended Watchlist:
WHLR, SMX, GURE, TDIC, JFBR, PAVS, PRAX, INHD, HCAT,

Midweek Movers, 5 Fresh Possibilities

Wednesday’s Runners:

It isn’t often that we include six options trading ideas in our daily reports, but after doing so on Tuesday, we followed up with yet another half a dozen possibilities in yesterday’s premarket report as well. It turned out quite well for us, as we managed to find solid runners in all six chains we watchlisted.

Our targets for Wednesday’s session were the SPY 12/03 $683-684 Calls, the GTLB Weekly $39 Puts, the AEO Weekly $23-23.50 Calls, the THO Weekly $110 Calls, the MRVL Weekly $100 Calls, and the PSTG Weekly $85 Puts. Here were the biggest upswings of the day from each set:

SPY 12/03 $683-684 Calls
$683:
.45-1.93  (+329%)
$684: .20-1.00 (+400%)
____
GTLB Weekly $39 Puts
$39:
.25-.50 (+100%)
______

AEO Weekly $23-23.50 Calls
$23: 
.85-1.65 (+94%)
$23.50: .55-1.50 (+173%)
_____

THO Weekly $110 Calls
$110: 
.88-1.20 (+36%)
_____

MRVL Weekly $100 Calls
$100: 
1.23-3.40 (+176%)
_____

PSTG Weekly $85 Puts
$85: 7.40-16.60 (+124%)


Fresh Options Ideas:
CRM Weekly $240-242.50 Calls
SNOW Weekly $242.50 Puts
FIVE Weekly $165 Calls
KR Weekly $65 Puts
DG Weekly $112-113 Calls


Extended Watchlist:
PLRZ, KALA, PMI, HY, CBIO, FLYE, GWRE, DYN, CVKD, CREV,

Wednesday’s Winners, 4 New Chances

A Winning Wednesday:

We really got things going in a good direction on Wednesday. We cast a fairly wide net, hashing out a slate of four potential options plays in our premarket report. Everything we were tracking put up some really nice intraday upswings, with all them running a hundred percent or better. It was a good way to get over the hump for this week.

Our targets were the SPY 10/08 $669-670 Calls, the PENG 10/17 $22.50 Puts, the CRM Weekly $237.50-240 Calls , and the BULL Weekly $12.50 Puts, and here were their best moves on the day:

SPY 10/08 $669-670 Calls
$669:
 1.43-4.19 (+193%)
$670: .89-3.19 (+258%)
_____

PENG 10/17 $22.50 Puts
$22.50:
 .50-1.30 (+160%)
_____

CRM Weekly $237.50-240 Calls
$237.50: 2.41-5.00 (+107%)
$240: 1.32-3.60 (+173%)
_____

BULL Weekly $12.50 Puts
$12.50:
 .38-.76 (+100%)


Fresh Options Ideas:
DAL Weekly $60-62 Calls
TLRY Weekly $2.00 Calls
AZZ 10/17 $95 Puts
HELE 10/17 $25-22.50 Puts


Extended Watchlist:
BJDX, ADAP, YYAI, EPWK, MRM, ATCH, SCWO, BAOS

Tuesday’s Results, 4 Fresh Ideas

Tuesday’s Action:

Tuesday was another solid session for us. Like Monday, we didn’t have any eye-popping runners, but all of our selected targets displayed a respectable measure of positive intraday movement. We had lined up three possibilities in our premarket report. All three performed fairly well on the day.

We had the MKC 10/17 $70-65 Puts, the ITT 10/17 $180 Puts, and the META Weekly $717.50 Calls. on watch, and they logged the following activity:

MKC 10/17 $70-65 Puts
$70:
 2.46-4.50 (+83%)
$65: .40-1.12 (+180%)
_____

ITT 10/17 $180 Puts
$180: 3.30-4.50 (+36%)
_____

META Weekly $717.50 Calls
$717.50: 5.64-8.00 (+42%)


Fresh Options Ideas:
SPY 10/08 $669-670 Calls*
PENG 10/17 $22.50 Puts
CRM Weekly $237.50-240 Calls
BULL Weekly $12.50 Puts

*Only experienced options traders should attempt to trade contracts on their day of expiration


Extended Watchlist:
BURU, YYAI, PCSA, BIAF, ATON, XBIO, UPC, ADAP, XTLB

Wednesday’s Winners, 4 New Ideas

Options Review for Wednesday:

Our green streak for the week remained intact on Wednesday, with all four of the possible plays we put forth for consideration in our our premarket report logging double-bag intraday runs or better. We had a bunch of high profile earnings reporters on the wire, and were able to take advantage. We’ve got another interesting slate this morning on that front, so we’ll try to help ourselves to some more intraday gain opportunities today.

As for Wednesday’s selections, we had the FL Weekly $20-19.50 Puts, the CRM Weekly $370-375 Calls, the OKTA Weekly $90-95 Calls, and the DLTR Weekly $75-77 Calls, and these were the moves they registered on the session:

FL Weekly $20-19.50 Puts
$45: 
.03-.09 (+200%)
$45: .05-.10 (+100%)
_____

CRM Weekly $370-375 Calls
$370: 
.79-3.65 (+370%)
$375: .43-1.92 (+375%)
_____

OKTA Weekly $90-95 Calls
$90: .25-.77 (+208%)
$91: .16-.48 (+200%)
$95: .06-.20 (+233%)
_____

DLTR Weekly $75-77 Calls
$75: .52-1.48 (+185%)
$76: .34-1.00 (+194%)
$77: .26-.74 (+185%)


Fresh Options Ideas:
FIVE Weekly $120 Calls
AEO Weekly $18.50-17.50 Puts
DG Weekly $80-81 Calls
TSLA Weekly $360-365 Calls



Cyclerion Therapuetics, Inc. (NASDAQ:CYCN) – Recap:

We had a play jump off of our extended watchlist in yesterday’s report. We included CYCN, a NASDAQ stock that more than doubled on the day, running from 4.63-9.44 for an intraday rise of 104%


Extended Watchlist: 
SVMH, TARA, PRFX, PBM, BJDX, RKDA, MIGI, NNOX

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