Tag: DE

Persistent Options Success & More

Options Bonanza Continues: 

We were reporting absolutely massive gains in Wednesday’s tracked options plays for yesterday morning’s premarket report, and like always we went ahead and tried to find some fresh opportunities for our readers. If anyone thought that the thousand-percent gains and more we unearthed was a rare occurrence, that can be laid to rest today.

Our fresh plays for the day and once again we gave our readers access to ten-baggers for the session, in two separate picks! Our targets were the KSS Weekly $52-54.50 Calls, the EL Weekly $310-320 Calls, and the NVDA Weekly $190-193.75 Calls, with the KSS and NVDA calls being the major runners on the day.

Here were the total possible profits on the table for the session: 

KSS Weekly $52-54.50 Calls
$52: .91-4.25 (+367%)
$52.50: .59-3.64 (+517%)
$53: .50-3.40 (+580%)
$53.50:  .37-2.79 (+654%)
$54: .20-2.53 (+1165%)
$54.50: .24-2.06 (+758%)
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EL Weekly $310-320 Calls
$310: 11.40-18.19 (+133%)
$320: 2.61-10.80 (+314%)
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NVDA Weekly $190-193.75 Calls 
$190: 2.01-15.01 (+647%)
$191.25: 1.53-13.65 (+792%)
$192.50: 1.17-12.57 (+974%)
$193.75: .92-11.38 (+1137%)

Fresh Options Ideas: 
BKE Weekly $42.50-45 Calls*
FL Weekly $57-59 Calls*
DE Weekly $360-365 Calls*

*Please don’t attempt to trade weekly options on a Friday unless you are an experienced trader with access to disposable funds! 

Extended Watchlist:
GRNQ, GOVX, NAKD, WDLF, RGBP, CYBL, TSOI, AITX, SHMP, TGGI, EEGI

Interesting PTON Setup & More

Winning Options Review: 

As is typical for a Monday morning around here, we’ll kick off this fresh trading week by going over our winning ideas for Friday’s session from the day’s premarket report, before moving into what’s interesting to us today.

The top movers for the day began with our targets in the Deere & Co. chain, the DE Weekly $357.50-362.50 Calls which were pushed by a strong Q2 showing for the company. That was followed closely by our SPY targets, the SPY 05/21 $415-417 Calls which yielded their large intraday moves in an afternoon rebound.

Here are the very respectable gain opportunities that arose as we tracked these plays:

DE Weekly $357.50-362.50 Calls 
$357.50: 4.50-12.75 (+183%)
$360: 2.74-11.00 (+301%)
$362.50: 3.20-9.35 (+192%)
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SPY 05/21 $415-417 Calls
$415: .61-1.37 (+125%)
$416: .21-.61 (+190%)
$417: .05-.16 (+220%)

Peloton Interactive, Inc. PTON – Options Ideas: 

We are fairly dry on the earnings front today, but we did notice a solid technical setup on PTON, along with some insider buying last week. We’ll look to formulate a shorter and longer-term set of corresponding targets.

Things are going to be slim with regard to the daily number of earnings reporters to choose from for quick-strike trading ideas for the next 8 weeks, but we’ll strive to find other opportunities like these.

PTON Weekly $101-103 Calls
PTON 06/11 $105-107 Calls
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Bonus Idea:
SPCE Weekly $24-25.50 Calls 

Extended Watchlist:
ABMT, GRLF, EEGI, BDGR, MDCN, MJWL, GGII, PHBI, FBCD, PRDL, NSPT

Closing Out an Interesting Trading Week

Bearish Retail Targets Fall Despite General Uptrend:

With the state of the markets this week, we had remained primarily focused on bearish signals through to yesterday morning’s report. Even as stocks put forward an impressive rebound on Thursday, the majority of our tracked plays still produced.

Two of our three designated potential targets bucked the trend of the day, both giants in the retail space. The KSS Weekly $58-56.50 Puts and the RL Weekly $130-125 Puts logged very respectable intraday upswings, with four out of those six contract sets recording double-bag gains or better.

Here were those trend-bucking moves, and total potential daily gains for traders: 

KSS Weekly $58-56.50 Puts
$58: 3.00-5.54 (+85%)
$57.50: 2.40-4.00 (+66%)
$57: 1.70-4.22 (+148%)
$56.50: 1.30-3.65 (+181%)
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RL Weekly $130-125 Puts
$130: 4.10-10.85 (+165%)
$125: 1.45-6.50 (+348%)

Fresh Options Ideas:

We’re going to flip back over to the other side of the fence this morning and designate some bullish options ideas for today. The scenario with the above mentioned short plays was the exception, not the rule. The typical key to our particular brand of quick-strike trading is to constantly keep your finger on the pulse of the markets and heed the prevailing winds. 

BKE Weekly $40-42.50 Calls
DE Weekly $357.50-362.50 Calls
SPY 05/21 $415-417 Calls

Extended Watchlist:
ENKS, MLFB, IFUS, MINE, SUIC, COWI, TGRR, CZNI