Wrapping Up Another Strong Trading Week:
With the high volume of earnings reporters this week, we have been arming ourselves and our readers with some rather solid options ideas. All but one of the five options ideas we signaled in Thursday’s premarket report ended up returning good opportunities to turn a quick profit. The markets themselves had a bit of a mixed session, appearing strong in the early goings before petering out prior to lunch hour and sliding into the close.
That didn’t stop most of our ideas from putting forth some very nice intraday performances for us. The winning contract sets we were tracking were the SPY 10/28 $386-383 Puts, the HON Weekly $195-200 Calls, the SHEL 11/18 $55-57.50 Calls, and the NVDA Weekly $133-135 Calls, and these were the potential profits that presented themselves therein:
SPY 10/28 $386-383 Puts
$386: 3.39-10.00 (+195%)
$385: 2.87-9.26 (+223%)
$384: 2.81-8.44 (+200%)
$383: 2.02-7.59 (+276%)
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HON Weekly $195-200 Calls
$195: 1.00-4.79 (+379%)
$197.50: .55-2.65 (+381%)
$200: .20-1.28 (+540%)
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SHEL 11/18 $55-57.50 Calls
$55: 1.90-2.68 (+41%)
$57.50: .75-1.30 (+73%)
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NVDA Weekly $133-135 Calls
$133: 1.67-4.70 (+181%)
$134: 1.32-3.95 (+199%)
$135: 1.01-3.26 (+225%)
Fresh Options Ideas:
INTC Weekly $27.50-28.50 Calls
TMUS Weekly $143-146 Calls
GILD Weekly $71-74 Calls
CVX Weekly $177.50-182.50 Calls
Extended Watchlist:
DVLP, VNUE, WLAN, CXBMF, AHIX, HTCR, ZVO, QNGY, KAL