Wednesday’s Winners, Pair of New Ideas

Midweek Movers:

We turned in another good daily card on Wednesday, after signaling a mixed bag of bullish and bearish options ideas in our premarket report. We saw solid moves up across the board, and kept up the winning trend for what has been a very steady week of gain opportunities for us.

Yesterday’s plays were the GME Weekly $29.50-29 Puts, the PLAY 06/20 $29-30 Calls, the CHWY Weekly $44-43 Puts, and the SAIL 06/20 $22.50 Calls. These were the best moves we saw from each of those contracts on the day:

GME Weekly $29.50-29 Puts
$29.50:
 .83-1.35 (+63%)
$29: .65-.99 (+52%)
_____

PLAY 06/20 $29-30 Calls
$29: .95-2.50 (+163%)
$30: .90-1.68 (+87%)
_____

CHWY Weekly $44-43 Puts
$44: 2.56-4.30 (+62%)
$43.50: 2.13-3.50 (+64%)
$43: 1.69-3.33 (+97%)
_____

SAIL 06/20 $22.50 Calls
$22.50: .55-1.70 (+209%)


Fresh Options Ideas:
ORCL Weekly $190-192.50 Calls
OXM 06/20 $45 Puts


Extended Watchlist:
HCTI, GNLN, CGTL, GTI, CVAC, NEHC, SOAR

Short Week Starts Strong, 4-Pack of New Ideas

Tuesday’s Top Plays:

The markets ripped pretty good for us yesterday, helping to facilitate some good moves in the four bullish options targets we placed on watch in our premarket report. We saw sizable upswings in each of our designated possibilities for the session, and kept our win streak from last week alive and well.

Our highlighted plays for the day were the DHI Weekly $149-152.50 Calls, the MMM Weekly $146-148 Calls, the TSLA Weekly $430-435 Calls, and the SPY 01/21 $599-600 Calls. Here’s how the activity in those contracts played out on the day:

DHI Weekly $149-152.50 Calls
$149: 
.85-1.51 (+78%)
$150: 1.99-4.75 (+139%)
$152.50: 1.15-3.30 (+187%)
_____

MMM Weekly $146-148 Calls
$146: 1.66-3.61 (+117%)
$147: 1.38-2.98 (+116%)
$148: .99-2.15 (+117%)
_____

TSLA Weekly $430-435 Calls
$430: 3.98-8.49 (+113%)
$432.50: 3.61-7.58 (+110%)
$435: 3.23-6.81 (+111%)
_____

SPY 01/21 $599-600 Calls
$599: 1.32-4.48 (+239%)
$600: .81-3.61 (+346%)


Fresh Options Ideas:
SPY 01/23 $604-606 Calls*
UAL Weekly $115-116 Calls
STX Weekly $107-109 Calls
NFLX Weekly $995-1005 Calls

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


Extended Watchlist:
ASST, IPA, NEHC, BLBX, RVSN, MOBX, RZLV, GELS

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