Friday’s Multi-Baggers, Trio of New Ideas

Reviewing Friday’s Winners:  

Friday was a bloody red day for the markets in general, with a gap-down in the morning and a steady decline throughout the day. Luckily for us, most of the targets that we formulated in Friday’s premarket report were bearish in nature, and each of the ranges of puts that we selected exhibited some great intraday upswings.

The plays in question were the DASH Weekly $82-81 Puts, the ADBE Weekly $537.50-530 Puts, and the LEN Weekly $117-115 Puts and the potential gains they afforded traders were certainly nothing to sneeze at. Check out the breakdown of their daily moves:


DASH Weekly $82-81 Puts
$82:
 .66-2.73 (+314%)
$81: .72-1.60 (+122%)
_____

ADBE Weekly $537.50-530 Puts
$537.50:
 4.65-12.81 (+175%)
$535: 3.10-10.77 (+247%)
$532.50: 1.54-8.56 (+456%)
$530: .64-6.45 (+939%)
_____

LEN Weekly $117-115 Puts
$117:
 3.09-5.84 (+89%)
$116: 1.70-4.30 (+153%)
$115: 1.34-3.70 (+176%)


Fresh Options Ideas:
TSLA Weekly $277.50-272.50 Puts
NVDA Weekly $435-430 Puts
SPY 09/18 $444-443 Puts


Extended Watchlist:
AVGR, UPTD, SQL, TTOO, WORX, RDHL, UNRV, CLNV

Wrapping Up Another Good Week, 5 Fresh Plays

Thursday’s Trio of Winners:  

We got things back on track in terms of options trading ideas yesterday morning. We included a trio of potential plays, and were happy to see a lot of good activity, with winners across the board. It’s a good way to head into the end of the week as we attempt to do it one more time this morning. Another earnings season has come and gone, but as usual we will do our best to generate plenty of ideas based on other factors until we’re back in the thick of things in a few weeks’ time.

Yesterday’s targets were the SMTC Weekly $22-23 Calls, the SPY 09/14 $447-448 Calls, and the BABA Weekly $87-89 Calls, and they produced the following caliber of intraday moves and total potential profits for traders:

SMTC Weekly $22-23 Calls
$22:
 1.55-3.00 (+94%)
$23: .75-2.15 (+187%)
_____

SPY 09/14 $447-448 Calls
$447: 1.23-4.20 (+241%)
$448: .66-3.06 (+364%)
_____

BABA Weekly $87-89 Calls
$87:
 1.07-1.76 (+95%)
$88: .60-1.06 (+77%)
$89: .32-.59 (+84%)


Fresh Options Ideas*:
DASH Weekly $82-81 Puts
ADBE Weekly $537.50-530 Puts
MITK Weekly $12.50 Calls
LEN Weekly $117-115 Puts

BIO Weekly $370 Calls

*All of today’s targets expire at the close. Do not attempt to trade options on their day of expiration unless you are an experienced options trader!


Extended Watchlist:
CNXA, AGRI, LIFW, CNXA, ULH, AWIN, DSHK, ZNOG

Solid Finish to a Strong Trading Week

Another Winning Wednesday:

We fared pretty well yesterday with respect to the daily options ideas we included in our premarket report. The current earnings dry period persisted, leaving us with only a pair of fresh plays, but they both put up good intraday performances. Additionally, the Oracle calls we’ve been tracking this week once again tacked on some impressive new highs for us.

Those were, of course, the ORCL Weekly $121-123 Calls that we initially marked in Tuesday’s report, and yesterday’s new targets were the LEN Weekly $117-118 Calls, and the KR Weekly $47-46 Puts. Here were the numbers they posted for the session.

ORCL Weekly $121-123 Calls
$121: .53-6.39 (+1195%)
$122: .38-5.39 (+1696%)
$123: .30-4.28 (+1326%)
_____

LEN Weekly $117-118 Calls
$117:
 1.55-3.50 (+126%)
$118: 1.30-2.75 (+111%)
_____

KR Weekly $47-46 Puts
$47:
 1.19-2.56 (+115%)
$46.50: .90-2.10 (+133%)
$46: .59-1.79 (+203%)


Fresh Options Ideas:
ADBE Weekly $510-515 Calls*
SPY 06/16 $440-442 Calls*

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


Nikola Corp. NKLA – Recap:

We’ve also got a brief update to relay on NKLA, which we had in Wednesday morning’s extended watchlist. From its low of .99 on Wednesday, the stock has now run up to a high of 1.83. That works out to a two day swing of 85%


Extended Watchlist:
EVLO, HGEN, SPCE, VCIG, ONCR, SURF, FRCB, BDPT, GDVM