Ending the Week on a High Note, 3 New Ideas

Recapping Wednesday’s Winners:

We’re closing out this short trading week in our favorite way, by reporting another clean sweep of our options trading board from yesterday morning’s premarket report. We had formed five potential plays for our readers’ consideration, and we saw some really nice multibag intraday runs posted. It’s the best way to finish up with the final report of the week, and we hope everyone enjoys the holiday weekend!

Yesterday’s runners were the DNUT 04/19 $17.50 Calls, the MRK Weekly $131-132 Calls, the GME Weekly $13-12 Puts, the CTAS 04/19 $660-680 Calls and the NCNO 04/19 $35-40 Calls. Here are the intraday moves they recorded, only a couple of which fell short of the double-bag mark, and with one target actually a exceeding one thousand percent rip on the day:

DNUT 04/19 $17.50 Calls
$17.50
: .40-.91 (+127%)
_____

MRK Weekly $131-132 Calls
$131
: .36-1.25 (+247%)
$132: .14-.67 (+379%)
_____

GME Weekly $13-12 Puts
$13: .16-.30 (+87%)
$12.50: .06-.12 (+100%)
$12: .03-.05 (+67%)
_____

CTAS 04/19 $660-680 Calls
$660: 12.13-45.60 (+276%)
$670: 7.80-36.00 (+361%)
$680: 2.39-27.15 (+1036%)
_____

NCNO 04/19 $35-40 Calls
$35
: 1.00-2.45 (+145%)
$40: .10-.70 (+600%)


Fresh Options Ideas:
SPY 03/28 $522-523 Calls*
MLKN 04/19 $25 Puts
RH Weekly $325-330 Calls*

*Due to tomorrow’s holiday, ‘weekly’ contracts will expire at market close today. Don’t trade options on their day of expiration unless you are an experienced trader. 


Extended Watchlist:
NKLA, KTRA, AKAN, XLO, IBIO, PIK, AVTX, BDRX, ARGNF, ENZC, BLIS, PPCB, EVFM

A Top Shelf Tuesday, 5 New Targets

Tuesday Runners Review:

Yesterday worked out very well in our favor in terms of the options ideas we formulated for our premarket report. We didn’t have a heck of a lot to work with in terms of earnings reporters, but the plays we did find produced excellent intraday performances. In the case of DNUT, the stock posted the largest single session gain and highest volume since its inception. This was on news that Krispy Kreme donuts will now be available at McDonald’s, and it sent DNUT and the targets we had put forth on one heck of a ride!

Yesterday’s interests were the TSLA Weekly $177.50-180 Calls, the MKC 04/19 $75 Calls, and of course the DNUT 04/19 $15 Calls. Here are the big time gains they posted on Tuesday:

TSLA Weekly $177.50-180 Calls
$177.50
: 2.96-7.66 (+159%)
$180: 1.61-5.76 (+258%)
_____

MKC 04/19 $75 Calls
$75
: 1.20-3.30 (+175%)
_____

DNUT 04/19 $15 Calls
$15: .40-3.20 (+700%)


Fresh Options Ideas:
DNUT 04/19 $17.50 Calls
MRK Weekly $131-132 Calls*
GME Weekly $13-12 Puts*
CTAS 04/19 $660-680 Calls
NCNO 04/19 $35-40 Calls

*Due to Friday’s holiday, ‘weekly’ contracts will expire at market close on Thursday


Extended Watchlist:
IBIO, GMDA, VERB, DJT, MRDB, FSRN, NILA, CBTWF

Wednesday’s Winners, 3 New Ideas

Solid Session Yesterday:

We kept our run of excellent luck going on Wednesday, including a slate of five potential options trading ideas in our premarket report for the day. It turned out to be yet another clean sweep of the entire board, with solid gains being on the table no matter which targets were selected. We continue to be very proud of our performance for the whole of 2023, and are rip-roaring to go as we prepare to head into a fresh calendar year.

Our runners from Wednesday’s report were the MDB Weekly $417.50-412.50 Puts, the CPB Weekly $40-41 Calls, the OLLI 12/15 $77.50-80 Calls, the BOX 12/15 $24 Puts and the ASAN Weekly $21-19.50 Puts. Here were the types of gains they posted for the session:

MDB Weekly $417.50-412.50 Puts
$417.50:
 12.20-23.35 (+91%)
$415: 9.15-27.55 (+201%)
$412.50: 7.90-20.80 (+163%)
_____

CPB Weekly $40-41 Calls
$40: 1.45-3.50 (+141%)
$41: .90-2.56 (+184%)
_____

OLLI 12/15 $77.50-80 Calls
$77.50: 1.55-4.60 (+197%)
$80: 1.44-3.00 (+108%)
_____

BOX 12/15 $24 Puts
$24: .23-.55 (+139%)
_____

ASAN Weekly $21-19.50 Puts 

$21: .90-1.71 (+90%)
$20.50: .60-1.24 (+107%)
$20: .40-.87 (+117%)
$19.50: .25-.55 (+120%)


Fresh Options Ideas:
DG Weekly $137-139 Calls
GME Weekly $14-13.50 Puts
CHWY Weekly $18-17 Puts


Extended Watchlist:
CYN, HPCO, WMI, MLGO, SVFD, CYDY, CBTC, BCNN, CAPV