Tuesday in Review:
Things started off very well for this holiday-shortened trading week yesterday. We formulated four potential targets for our premarket report. for Tuesday’s session, and were not disappointed in the results. Everything worked out, to varying degrees, with our 3M Puts being the most impressive runners on the day.
On the whole, we had put the MMM Weekly $160 Puts, the USB Weekly $55 Calls, the FAST Weekly $42.50 Puts, and the UMC 02/20 $11 Calls on our radar, and the best upswings from each target was as follows:
MMM Weekly $160 Puts
$160: 1.32-7.00 (+430%)
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USB Weekly $55 Calls
$55: .29-.80 (+176%)
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FAST Weekly $42.50 Puts
$42.50: 1.35-2.05 (+52%)
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UMC 02/20 $11 Calls
$11: .35-1.00 (+186%)
Fresh Options Ideas:
NFLX Weekly $82-81 Puts
UAL Weekly $110-112 Calls
JNJ Weekly $215-212.50 Puts
Extended Watchlist:
SLJB, PAVM, LSTA, BOXL, PAPL, IMTE, BNAI, MLEC, GORO, ADTX, NAMM