Friday’s Rippers, 3 New Ideas

Fantastic Friday Finish:

Things really could not have gone much better for us on Friday to close out the short trading week. We had highlighted potential options plays in three chains and got awfully good results from each of the posted ideas in our premarket report for the day. Our 2024 calendar year has been exceptional thus far, with very nearly everything we touch turning to potential gold.

The ideas that we had hashed out for Friday’s session were the SPY 01/19 $478-480 Calls, the TRV Weekly $200-210 Calls, and the SLB Weekly $48-49 Calls, and here were the intraday upswings each of those contract sets recorded on the day:

SPY 01/19 $478-480 Calls
$478:
 .63-4.71 (+648%)
$479: .33-3.78 (+1045%)
$480: .15-2.83 (+1787%)
_____

TRV Weekly $200-210 Calls
$200: 6.96-11.80 (+69%)
$210: .05-1.90 (+3700%)
_____

SLB Weekly $48-49 Calls
$48: 1.13-2.43 (+115%)
$48.50: .76-1.81 (+138%)
$97: .46-1.36 (+195%)
_____

We also have an update for the longer-term SAVE Calls that we initially highlighted as a possible recovery play in our report this past Wednesday morning. Essentially the stock performed exactly as we said we believed it would, coming down a little lower before bouncing back, and giving us the kind of gains we were looking for. We might have expected it to take slightly longer than it did, but our vision came to fruition by the end of what was a really great short trading week.

SAVE 02/16 $5.00-7.50 Calls
$5.00: .68-2.60 (+282%)
$7.50: .25-1.46 (+484%)


Fresh Options Ideas: 

Without any interesting earnings reporters dropping figures this morning, we’re just going to go with a potential play on the SPY, and then we’ve identified a couple of longer-term potential plays to keep an eye on in the days and weeks ahead.

SPY 01/22 $482-483 Calls*
PBF 02/16 $43-44 Calls
NNI 02/16 $85-90 Calls


Extended Watchlist:
ILUS, HLLK, TONR, SALM, PHUN, LYT, LIFW, RVSN, CHRS, SGMT, OCTO, TALO

Wednesday’s Winners, 5 Fresh Options Ideas

Wednesday’s Winners:

For yesterday morning’s premarket report, we lofted possible targets in five separate options chains, and got back some mixed, but ultimately good results. Things have been a little light on the big name earnings front recently, but we’ve found some good opportunities elsewhere. We should start to see a ton more chances at earnings plays toward the end of the month, and until then we’ll continue to get creative when choosing our daily items of interest.

Our fresh ideas for the day on Wednesday were the NVDA Weekly $532.50-537.50 Calls, the WDFC 01/19 $250 Calls, the AEHR 01/19 $20 Puts, the SGH 01/19 $20 Calls, and the W 01/26 $55 Calls. With the expiration a little farther out on those W Calls, we’ll have to come back to those at a later date, but the rest of our plays we’re pretty good. Here were the intraday moves and total possible gains that they recorded:

NVDA Weekly $532.50-537.50 Calls
$532.50:
 8.60-16.00 (+86%)
$535: 7.13-14.00 (+96%)
$537.50: 6.10-12.20 (+100%)
_____

WDFC 01/19 $250 Calls
$250:
 6.39-29.00 (+354%)
_____

AEHR 01/19 $20 Puts
$20:
 1.00-1.95 (+95%)
_____

SGH 01/19 $20 Calls
$20:
 1.00-1.90 (+90%)


Fresh Options Ideas:
INFY Weekly $18 Calls
KBH Weekly $62-61 Puts
MARA Weekly $26-27 Calls
COIN Weekly $155-157.50 Calls
NVDA Weekly $545-547.50 Calls


Extended Watchlist:
NRHI, ILUS, SAML, CAN, SAI, BTM, ROI

Winning Picks from Thursday, New Ideas

Thursdays Runners:

We were in really good shape following yesterday morning’s premarket report, in which we included five earnings-related options trading ideas. It was a heck of a day, as four out of those five potential target sets yielded the chance at some serious multi-bag intraday gain opportunities. It was a mixed bag of a session for the markets in general and it didn’t seem to hurt our chances, with all of the positive activity in our tracked plays.

Those targets that took off running during the session were the JD Weekly $35.50-36.50 Calls, the U Weekly $31-32 Calls, the TTD Weekly $66-68 Calls, and the DIS Weekly $98-96 Puts. The breakdown of the total possible profits they provided on the day were as follows:

JD Weekly $35.50-36.50 Calls
$35.50:
 1.13-2.44 (+116%)
$36: .80-1.81 (+126%)
$36.50: .53-1.30 (+145%)
_____

U Weekly $31-32 Calls
$31: .54-1.91 (+254%)
$31.50: .44-1.51 (+243%)
$32: .31-1.15 (+271%)
_____

TTD Weekly $66-68 Calls
$66:
 .12-.46 (+283%)
$67: .08-.27 (+238%)
$68: .06-.17 (+183%)
_____

DIS Weekly $98-96 Puts 
$98: 3.10-6.05 (+95%)
$97: 2.22-5.15 (+132%)
$96: 1.64-4.15 (+153%)



Fresh Options Ideas:
SPB 05/19 $65-70 Calls
TSLA Weekly $175-177.50 Calls*
SPY 05/12 $412.50-413 Calls*

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


Extended Watchlist:
DPLS, SEGI, BBRW, ILUS, CRTL, DRMA, SPRY, GETR, BBLN, HOUR, WLDS