Wednesday’s Winners, New Earnings Plays

Recapping Wednesday’s Movers:

We did fairly well with the options ideas we highlighted in yesterday morning’s premarket report. There were significant intraday moves for two out of our three ideas, and we strongly suspect we’ll be circling back for the third at a later date. We also have a relatively large slate of earnings reporters this morning, so we should be able to pick up the pace as we head into the end of this trading week.

The possibilities that did pan out quite well on the day Wednesday were the AVAV 07/21 $95-100 Calls, and the GIS 07/21 $75-72.50 Puts., which both produced some very nice intraday activity.

AVAV 07/21 $95-100 Calls
$95:
 2.20-3.90 (+77%)
$100: .70-1.75 (+150%)
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GIS 07/21 $75-72.50 Puts
$75:
 .35-.70 (+100%)
$72.50: .10-.20 (+100%)


Fresh Options Ideas:
MU Weekly $67.50-69 Calls
GBX 07/21 $35-40 Calls
PAYX 07/21 $110-115 Calls


Extended Watchlist:
FRCB, JOBY, SGTX, WAVE, RNXT, LILM, PWRMF, ACUT, INKW

Monday’s Movers, Trio of Fresh Ideas

Solid Start to the Week:

Our streak of options trading fortune was not interrupted yesterday, with all three of our fresh ideas to kick off the trading week recording positive intraday movement. It carried over from our success last week, as Monday went down in the books as our fifth consecutive session without missing on a single target.

Our fresh plays for yesterday’s report were the ON Weekly $74-76 Calls, the CHKP 05/19 $125-120 Puts, and the ENPH 06/02 $170-175 Calls, and the potential gains they afforded traders were quite respectable. Here’s the breakdown of their daily ranges and the total possible profits that were available:

ON Weekly $74-76 Calls
$74:
 2.05-5.05 (+146%)
$75: 1.76-4.40 (+150%)
$76: 1.29-3.42 (+165%)
______

CHKP 05/19 $125-120 Puts
$125:
 2.65-7.10 (+168%)
$120: .1.25-2.40 (+92%)
_____

ENPH 06/02 $170-175 Calls
$170:
 6.29-9.00 (+43%)
$175: 4.84-5.19 (+7%)


Fresh Options Ideas: 
HSBC Weekly $37-38 Calls
UBER Weekly $34.50-36 Calls
NXPI Weekly $175-180 Calls


Extended Watchlist:
HOUR, HUIZ, TIRX, LEJU, WAFU, LILM, LXEH, QH