Wednesday’s Solid Options Plays:
We’re back to our typical routine this morning, having provided our readers with a variety of post-earnings options ideas in yesterday morning’s premarket report. We simply go where we feel the opportunities will be the greatest, and the volatility following a quarterly report is the most dependable in terms of producing the kind of price action that lends itself to big intraday gains.
Our selection yesterday included the EXPI 08/20 $40-45 Calls, and the ATVI Weekly $82-85 Calls. EXPI made the most impressive move on the chart which led to some really impressive moves on the day. ATVI recorded respectable performances as well even if they didn’t quite keep pace with our hottest runner.
Here were the total positive moves and potential gains that were on the table:
EXPI 08/20 $40-45 Calls
$40: 1.55-8.30 (+435%)
$45: 1.30-4.60 (+254%)
ATVI Weekly $82-85 Calls
$82: .53-1.31 (+147%)
$83: .38-.82 (+116%)
$84: .24-.56 (+133%)
$85: .29-.37 (+28%)
Fresh Options Ideas:
EA Weekly $143-146 Calls
CI Weekly $225 Puts
ROKU Weekly $395-390 Puts
Extended Watchlist:
ENSC, HUSN, METX, RSLS, SCR, MVIS, CYBL, CLWD, NNRX, DGWR, MSMY, CHNC, RMSL