Massive Gainers From Friday’s Report:
It was a choppy day for the markets in general on Friday, but that didn’t stop our trio of options ideas for the day from putting on a banner performance. Every single contract set that we selected for observation in our morning report yielded the opportunity at some fantastic intraday gains. Typically, increased volatility is an options traders friend, provided you have a feel for when to dip in and out, which comes with time and experience.
The targets we were monitoring were the , the, and the , and as you can see from the daily ranges and total upswings, these were no mild runners. The earnings calendar for today isn’t quite as substantial, but we still hashed out a four-pack of new ideas below.
Here were the profitable possibilities brought by Friday’s plays:
SPY 05/06 $412-414 Calls
$412: .93-4.34 (+367%)
$413: .73-3.71 (+708%)
$414: .58-3.13 (+439%)
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SQ Weekly $96-99 Calls
$96: .37-3.00 (+711%)
$97: .24-2.39 (+896%)
$98: .20-1.83 (+815%)
$99: .14-1.21 (+764%)
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EOG Weekly $123-125 Calls
$123: 2.65-7.93 (+199%)
$124: .90-8.30 (+822%)
$125: 1.40-6.00 (+329%)
Fresh Options Ideas:
SPY 05/09 $408-405 Puts
TSN Weekly $90-92.50 Calls
PLTR Weekly $9-8 Puts
BNTX Weekly $136-139 Calls
Extended Watchlist:
THER, GHMP, RNVA, NUGN, CYAP, BTTX, LOGC, DPSI, MREO, FNGD