Closing Out the Week Strong, Fresh Ideas

Options Reviews:

It’s a challenging time to be navigating the daily ins and outs of the current economic environment, especially with a dearth of big name earnings on the docket, but we have still been managing quite well, all things considered. Two of our three options targets went for some nice gains yesterday, and in addition to those, we have updated on a couple of longer term plays that have come into some really solid moves. 

Yesterday’s winning targets from our premarket report were the ADBE Weekly $372.50-370 Puts, and the KR Weekly $51-49.50 Puts, so we’ll have the intraday figures on those for you below. Both of the other plays from past reports expire today as well, and the moves below represent the overall increases we’ve observed since formulating the ideas. It was our report on Friday the 3rd when we signaled the ASAN 06/17 $22.50 Puts, and Tuesday the 7th when we put the GTLB 06/17 $40-45 Calls on our radar.

ADBE Weekly $372.50-370 Puts
$372.50:
 13.15-19.00 (+44%)
$370: 11.89-18.20 (+53%)
_____

KR Weekly $51-49.50 Puts

$51: 1.75-2.73 (+56%)
$50: 1.00-2.01 (+101%)
$49.50: .97-1.62 (+67%)
_____

GTLB 06/17 $40-45 Calls
$40: 2.50-7.87 (+215%)
$45: .81-4.50 (+456%)
_____

ASAN 06/17 $22.50 Puts
$22.50: 1.82-6.20 (+241%)


Fresh Options Ideas:

ADBE Weekly $352.50-347.50 Puts*
MP Weekly $30 Calls*
GO Weekly $40 Calls*
BABA Weekly $105-108 Calls*

*Trading options on their day of expiration can carry a heightened level of risk and should only be attempted by seasoned options traders.


Extended Watchlist: 
REV, ATHX, MREO, KZIA, ELMS, BLBX, IMPP, SYSX, HIRU, VGID, RTON, 

4-Pack of Fresh Options Ideas & More

Another Successful Options Sweep: 

 Another daily newsletter, another set of fantastic opportunities to score solid intraday gains. We were firing on all cylinders with our fresh options ideas in yesterday morning’s premarket report. offering up our takes on what we figured would be four potential plays on the day. We figured correctly, and witnessed another sweep across the board, as the markets flew in the face of the early indicators and traveled up for a vast majority of the session,

That allowed for some excellent single-session moves on all of our designated targets, which were the PLAY Weekly $38-39 Calls, the ASO Weekly $34-37 Calls, the GTLB 06/17 $40-45 Calls, and the KSS Weekly $45-46.50 Calls. Only four of the twelve total sets of contracts in our highlighted ranges fell just short of multi-bag status on the day. The moves they recorded were as follows:

PLAY Weekly $38-39 Calls
$38: 
.91-1.78 (+96%)
$39: .62-1.35 (+118%)
_____

ASO Weekly $34-37 Calls
$34: 3.20-5.00 (+56%)
$35: 2.15-4.08 (+90%)
$36: 1.56-3.05 (+96%)
$37: .96-2.17 (+126%)
_____

GTLB 06/17 $40-45 Calls
$40: 
5.40-11.80 (+119%)
$45: 2.90-7.60 (+162%)
_____

KSS Weekly $45-46.50 Calls
$45: 1.20-2.49 (+108%)
$45.50: 1.05-2.34 (+123%)
$46: .85-1.80 (+112%)
$46.50: .46-1.60 (+247%)


Fresh Options Idea:
CPB Weekly $46-48 Calls
WMT 08/19 $135-140 Calls
BABA Weekly $106-109 Calls

ROKU Weekly $96-97.50 Calls


Extended Watchlist:
INND, CYDY, PRMK, ENCUF, TMRC, RDBX, CYRN, EFOI, XCUR, MITO

SPY, FUTU Gainers, Fresh Options Plays

Yesterday’s Big Runners: 

Yesterday morning, as is typical for our daily premarket reports, we included a selection of options ideas comprised of both quick-strike and extended-term ideas. There was a lot of good volatility in the markets yesterday, so the quick plays worked out beautifully, while the longer-term target will take some time to mature.

Our spur of the moment ideas were the SPY 06/06 $413-415 Calls and the FUTU Weekly $38.50-40 Calls. In both cases, we had multiple chances for beautiful multi-bag intraday gains. Despite the fact that we are going to see a tapering of earnings reporters in coming weeks, if we continue to see the type of volatility yesterday brought, we should have too hard of a time tracking down opportunities like these.

SPY 06/06 $413-415 Calls
$413:
 .49-1.44 (+194%)
$414: .30-.85 (+183%)
$415: .12-.46 (+283%)
_____

FUTU Weekly $38.50-40 Calls
$38.50: 
2.98-8.75 (+193%)
$39: 2.10-6.57 (+213%)
$39.50: 2.75-7.20 (+162%)
$40: 1.77-8.00 (+352%)


Fresh Options Ideas:
PLAY Weekly $38-39 Calls
ASO Weekly $34-37 Calls
GTLB 06/17 $40-45 Calls

KSS Weekly $45-46.50 Calls


Extended Watchlist:
KRBP, HLBZ, JAN, GHMP, GSFI, BDCO, WHSI, ABQQ