Tuesday’s Huge Runners, 3 New Ideas

Yesterday’s Mega Movers:

Things went pretty well for us on Tuesday, despite not achieving a clean sweep of our board. In our premarket report we had a pair of ideas with weekly expirations, as well as a set expiring next week. The weekly plays were definitely where the action was, and two out of three isn’t half bad. Especially when that pair put up some really impressive multibag moves on the day.

Our quick-strike plays of the day were the ASO Weekly $51-49 Puts, and the CRM Weekly $242.50-245 Calls. Those targets logged the following exceptional intraday runs:

ASO Weekly $51-49 Puts
$51: 
.40-2.20 (+450%)
$50: .20-1.50 (+650%)
$49: .16-1.05 (+556%)
_____

CRM Weekly $242.50-245 Calls
$242.50: 1.00-3.80 (+280%)
$245: .51-2.55 (+400%)


Fresh Options Ideas:
ORCL Weekly $132-135 Calls
GME Weekly $30.50-31.50 Calls
SPY 06/12 $540-542 Calls*

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


Extended Watchlist: 
CYN, GDHG, BMR, WLGS, WHLR, RBTC, ETCC, GTVH

Monday’s Movers, Today’s 3 New Plays

A Good Start to the Week:

Tuesday turned out to be another excellent session for us and the daily options plays we hashed out for yesterday our premarket report. We had come up with four potential trading ideas, all to the short side, and were pretty well pleased with the performance of each of those sets of targets.

We were looking at the AMD Weekly $165-162.50 Puts, the GME Weekly $29.50-28.50 Puts, the DELL Weekly $130-128 Puts, and the NVDA Weekly $121-120 Puts. They produced these intraday upswings and total possible gains on the session:

AMD Weekly $165-162.50 Puts
$165: 
3.25-6.75 (+108%)
$162.50: 2.22-5.05 (+127%)

_____

GME Weekly $29.50-28.50 Puts
$29.50: 4.85-7.75 (+60%)
$29: 4.45-7.50 (+68%)
$28.50: 3.95-7.35 (+86%)

_____

DELL Weekly $130-128 Puts
$130: .75-1.50 (+100%)
$129: .55-1.15 (+109%)
$128: .45-.77 (+71%)

_____

NVDA Weekly $121-120 Puts
$121: 1.68-2.71 (+61%)
$120.50: 1.50-2.45 (+63%)
$120: 1.32-2.21 (+67%)


Fresh Options Ideas:
ASO Weekly $51-49 Puts
CRM Weekly $242.50-245 Calls
SNOW 06/28 $133-135 Calls


Extended Watchlist: 
KITT, KXIN, XYN, PIXY, KWE, QSG, AKAN, ETCC

2024 Off to a Sweet Start, 3 Fresh Ideas

A Fantastic First Trading Week:

We were very pleased with the way things played out on Friday, after having hit on every possible trading idea we had offered up all week, we laid down four more targets in our premarket report and pinged every one of them. It’s a heck of a way to kick off 2024, and we’re excited about the chance to continuously make it a great year. As always, we welcome our new followers, and salute our long time audience!

Friday’s items of interest were the STZ Weekly $242.50-245 Calls, the GBX 01/19 $45-50 Calls, the ANGO 01/19 $7.50-5.00 Puts, and the CRM 01/19 $250-245 Puts. Here were the solid, and, in some cases, quite impressive upswings that we observed during the session:

STZ Weekly $242.50-245 Calls
$242.50:
 2.75-10.33 (+276%)
$245: 1.00-8.00 (+700%)
_____

GBX 01/19 $45-50 Calls
$45: 2.35-5.13 (+118%)
$50: .50-2.21 (+342%)
_____

ANGO 01/19 $7.50-5.00 Puts
$7.50:
 1.44-2.79 (+94%)
$5.00: .05-.15 (+200%)
_____

CRM 01/19 $250-245 Puts
$250: 2.48-3.60 (+45%)
$247.50: 1.76-2.54 (+44%)
$245: 1.17-1.77 (+51%)


Fresh Options Ideas:
MARA Weekly $24-25 Calls
COIN Weekly $155-157.50 Calls
CMC 01/19 $50 Calls


Bonsai International Inc. (NASDAQ:BNZI) – Review:

We also have a quick update for BNZI, a NASDAQ stock that appeared in Friday’s extended watchlist, and recorded a pretty nice intraday increase, running from a low of 2.57 to as high as 3.55. That works out to a 38% run on the day.


Extended Watchlist:
CWT, OPK, AMAM, ROI, HARP, BLNK, VIZC, CSTF, PHIL,