Friday Recap:
Friday would have been a clean sweep session for us, but unfortunately one of our three ideas was rendered moot by a pretty obvious typo. However, the other two sets of targets we were watching in our premarket report made up for it, with some excellent intraday performance.
Those winning ideas were the AVGO Weekly $387.50-385 Puts, and the RH $155-157.50 Calls. both off the backs of earnings reports. We won’t have any earnings reporters to work with today, so we’ll go to other methods to generate our daily watchlist.
AVGO Weekly $387.50-385 Puts
$387.50: 10.54-31.93 (+203%)
$385: 8.09-29.63 (+266%)
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RH $155-157.50 Calls
$155: 7.96-18.02 (+126%)
$157.50: 4.00-10.00 (+150%)
Fresh Options Ideas:
SPY 12/15 $684-686 Calls*
MU Weekly $247.50 Calls
JBL Weekly $220 Calls
*Only experienced options traders should attempt to trade contracts on their expiration day
Extended Watchlist:
WOK, OCG, ASBP, MASK, IMG, RADX, YCBD, CGC, BDRX