5 Fresh Options Picks & More

Wednesday’s Winners:

We made out pretty well with regard to the options ideas we hashed out for yesterday’s premarket report, with two out of our three picks making good moves. The third was a set of BALL calls with a November expiration, and typically when we go out further like that we expect a little bit of a turnaround time on the swing, so we’ll likely be coming back for that one.

As for our quick-strike movers, we had the SPY 10/11 $434-436 Calls and the PLUG Weekly $7-8 Calls in yesterday’s report, and here were the types of intraday moves and total possible gains they produced:

SPY 10/11 $434-436 Calls
$434: 
.48-3.15 (+556%)
$435: .21-2.16 (+929%)
$436: .04-1.11 (+2675%)
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PLUG Weekly $7-8 Calls
$7.00: .41-.68 (+66%)
$7.50: .16-.30 (+88%)
$8.00: .05-.11 (+120%)


Fresh Options Ideas:
DAL Weekly $36.50-37 Calls
WBA Weekly $22.50-23 Calls
FAST 10/20 $57.50-60 Calls
SPY 10/12 $436-437 Calls*
DPZ Weekly $350-345 Puts

*Please use caution when trading options contracts on their expiration date. It should only be attempted by experienced traders. 


Tupperware Brands Corp. (NYSE:TUP) – Recap:

We’ve also got a brief update on Tupperware, which we signaled in yesterday’s extended watchlist. The stock traded for as little as 1.66 and as much as 2.33 (+40%) yesterday. In the premarket today it has progressed even further to a high of 2.99 which represents an overall increase of 80%


Extended Watchlist:
OPGN, SECO, JAGX, RSLS, VS, CPHI, SOPA, DXF, TANH, LL, ICU

Another Perfect Options Run, 4 New Targets

Another Clean Sweep on Options:

We fared quite well with the options ideas we formulated for yesterday morning’s premarket report. The markets ripped all day long, and despite three out of our four daily selections being bearish, our targets successfully bucked the overall trend with some really nice intraday runs.

We were honed in on the DAL Weekly $34.50-35 Calls, the FAST 04/21 $52.50-50 Puts, the INFY 04/21 $16-15 Puts, and the PGR 04/21 $145-140 Puts. We got multibag runners out of all of our interests, with the exception of the FAST Puts, which only fell slightly shy of double bag status and still exhibited some excellent intraday movement. Here’s how we fared with yesterday’s clean sweep:

DAL Weekly $34.50-35 Calls
$34.50:
 .15-.55 (+267%)
$35: .10-.39 (+290%)
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FAST 04/21 $52.50-50 Puts
$52.50:
 1.20-2.15 (+79%)
$50: .37-.70 (+89%)
_____

INFY 04/21 $16-15 Puts
$16:
 .20-.70 (+250%)
$15: .06-.15 (+150%)
_____

PGR 04/21 $145-140 Puts
$145: 3.80-8.75 (+130%)
$140: 1.60-4.50 (+181%)


Fresh Options Ideas:
PNC 04/21 $121-124 Calls
C Weekly $48-48.50 Calls*
WFC Weekly $40.50-41 Calls*
JPM Weekly $135-136 Calls*

*You should not attempt to trade options on their day of expiration unless you are an experienced trader


CXApp Inc. CXAI – NASDAQ Recap: 

In an incredible series of events, we flagged CXAI in our premarket report yesterday morning, and the stock performed quite well, running from 2.70-9.73 on the day, for an increase of 260%. However, in premarket trading today, the stock has shot to an incredible new high of 69.47, which represents a gargantuan rise of 2472% overnight!


Extended Watchlist:
CHRA, INPX, SAI, MRAI, PTPI, FOXO, ETHE, CYDY, CORZQ, GMZP, MONI

New Highs for Options Plays, 4 Fresh Ideas

SPY Runners, Other Recaps:

We were bullish on the SPY yesterday morning and as a result we signaled a range of calls in our premarket report, the SPY 04/12 $411-413 Calls, which ultimately recorded some very nice intraday movement. Additionally, we wanted to circle back around to a couple of the other sets of 04/21 calls that we’ve placed on watch in recent weeks, that have posted new highs this week.

The Friday before last, we highlighted the WGO 04/21 $55-60 Calls, and a couple of sessions later on April 4th, we included the TSE 04/21 $22.50 Calls in our daily report. So the figures we see below represent SPY’s intraday run yesterday, and the overall increases in our WGO and TSE targets since the alert dates we linked here.

SPY 04/12 $411-413 Calls
$411:
 .28-1.00 (+257%)
$412: .14-.49 (+250%)
$413: .08-.20 (+150%)
_____

WGO 04/21 $55-60 Calls
$55: 1.60-3.86 (+151%)
$60: .29-1.60 (+451%)
_____

TSE 04/21 $22.50 Calls
$22.50:
 .25-.70 (+180%)


Fresh Options Ideas:
DAL Weekly $34.50-35 Calls
FAST 04/21 $52.50-50 Puts
INFY 04/21 $16-15 Puts
PGR 04/21 $145-140 Puts


Extended Watchlist:
KGKG, PHIL, SKKRF, KITL, CXAI, AUUD, MOBQ, JZXN, CYTO, SABS