Tag: IFF

Top Marks Tuesday, Fresh Earnings Plays

Yesterday’s Options Movers:  

We made some good picks for yesterday morning’s premarket report, coming up with four options trading ideas based off of the day’s earnings calendar. It was a mixed bag of calls and puts, and we fared pretty well with the whole lot of them. We’re still in the position of being right in the thick of an active quarterly earnings season, and attempting to take full advantage.

Yesterday’s four plays that turned out to be solid intraday runners were the DDOG Weekly $88-85 Puts, the UPS Weekly $172.50-175 Calls, the LLY Weekly $490-500 Calls, and the IFF 08/18 $65-60 Puts. The gains we observed, which ranged from reasonably strong to very good, on those ideas were as follows:

DDOG Weekly $88-85 Puts
$88: 2.32-4.00 (+72%)
$87: 1.73-3.35 (+94%)
$86: 1.45-2.86 (+97%)
$85: 1.08-2.30 (+113%)
_____

UPS Weekly $172.50-175 Calls
$172.50: 5.40-9.15 (+69%)
$175: 3.10-6.41 (+107%)
_____

LLY Weekly $490-500 Calls
$490: 18.55-47.80 (+158%)
$495: 13.65-44.45 (+226%)
$500: 12.65-39.35 (+211%)
_____

IFF 08/18 $65-60 Puts
$65: 1.45-2.25 (+55%)
$60: .34-.60 (+76%)

Fresh Options Ideas:
CRL 08/18 $210 Calls
RBLX Weekly $35-34 Puts
SMCI Weekly $297.50-292.50 Puts

Extended Watchlist:
EBET, VTGN, ATNF, TNGX, AKAN, DBTX, GRRR, HOTH

4 Fresh Ideas for a New Trading Week

Friday Options Recap:

It was a little bit of a subdued finish to what was an otherwise fairly exciting week of trading on Friday. We had a limited slate of earnings reporters on the day, but still formed a few ideas that managed to make some early moves. The percentage gains weren’t quite on a level that would get us overexcited, but all contracts involved did make reasonable moves, with one lone exception.

Those ideas that we were tracking were the SPB 05/19 $65-70 Calls, the TSLA Weekly $175-177.50 Calls, and the SPY 05/12 $412.50-413 Calls. Here’s how their early positive movement played out in terms of total possible gains for quick traders:

SPB 05/19 $65-70 Calls 
$70: .83-1.69 (+104%)
_____

TSLA Weekly $175-177.50 Calls
$175: .36-.60 (+67%)
$177.50: .38-.62 (+63%)
_____

SPY 05/12 $412.50-413 Calls
$412.50: .20-.36 (+80%)
$413: .13-.24 (+85%)
_____

We’ve also been tracking the IFF 05/19 $95-90 Puts since our report from this past Tuesday the 9th, and IFF continued to decline all week, leading to some really nice new highs in those targets:
 
IFF 05/19 $95-90 Puts
$95: 2.90-12.10 (+317%)
$90: 1.79-7.20 (+302%)

Fresh Options Ideas:
SPY 05/15 $411-412 Calls*
MNDY Weekly $145-155 Calls
SHAK Weekly $66-67 Calls
NRG 06/16 $33-34 Calls 

*Trading contracts on their day of expiration should only be attempted by experienced options traders

Extended Watchlist:
SIRI, WISZ, MGOL, ALGS, OMH, LMFA, SRPT, AABB, GMPW, SEII, HDUP

Tuesday’s Movers, Today’s Earnings Plays

Tuesday’s Runners:

We fared rather well with our fresh options idea for yesterday morning’s premarket report, scoring big with two out of our three listed targets. The gains were relatively nominal as compared to some of the big multi-baggers we’re accustomed to, but four out of the six total contracts in question did at least reach double-bag status.

Those plays were the PYPL Weekly $73-70 Puts, and the IFF 05/19 $95-90 Puts, and here were the kinds of intraday runs they recorded on the session:

 PYPL Weekly $73-70 Puts
$73: 3.70-7.10 (+92%)
$72: 2.88-6.10 (+112%)
$71: 1.95-5.15 (+164%)
$70: 1.43-4.19 (+193%)
_____

IFF 05/19 $95-90 Puts
$95: 2.90-7.30 (+152%)
$90: 1.79-3.50 (+96%)

Fresh Options Ideas:
ALC 05/19 $75-80 Calls
LI Weekly $25.50-26.50 Calls
ABNB Weekly $111-109 Puts

Extended Watchlist:
UFAB, STSS, ADXN, TCRX, ZFOX, CTIC, UPST, FRCB, TMRC