Options Review, 4 New Targets

Reviewing Tuesday’s Targets:

We had just a couple of fresh ideas on the table for our premarket report yesterday morning, and in both cases we met with solid results. We just crossed the threshold into the 4th Quarter of 2024 yesterday, and we are going through a period of fewer earnings reporters, as is common when a new quarter begins. We’ll just keep chopping wood, and bringing the best ideas we can in the meantime.

As for yesterday’s duo of possibilities, we were tracking the PAYX 10/18 $135 Calls, and the MKC 10/18 $80-85 Calls, and these were the associated intraday results:

PAYX 10/18 $135 Calls
$135:
 1.74-7.27 (+318%)
_____

MKC 10/18 $80-85 Calls
$80: 2.67-4.85 (+82%)
$85: .40-.95 (+137%)


Fresh Options Ideas:
NKE Weekly $84-82 Puts
SPY 10/02 $568 Puts
BABA Weekly $117-118 Calls
PDD Weekly $152.50-155 Calls


Extended Watchlist:
CHPT, KXIN, API, MTC, DUO, ICCT, TIGR, ELAB, LX

Good Finish on Friday, 3 New Ideas

Reviewing Friday’s Movers:

We’re back in the saddle and set to undertake yet another holiday shortened week. On Friday, we had a slate of four potential options ideas in our premarket report, and three of the four yielded positive results, closing the week on a solid note. We’ve got even fewer scheduled earnings releases this week than we did for the previous holiday week, so we’ll have to get creative about our daily options ideas, but we’ll make sure there are some on the menu one way or the other!

As for Friday’s movers, we had the SPY 06/28 $547-549 Calls, the NKE Weekly $82-80 Puts, the ACCD 07/19 $5 Puts, and the MRCY 07/19 $27.50 Calls, and here’s how their performances played out on the session to end the week:

SPY 06/28 $547-549 Calls
$547: 
1.13-3.53 (+212%)
$548: .63-2.72 (+332%)
$549: .40-1.95 (+387%)
_____

NKE Weekly $82-80 Puts
$82:
3.20-7.55 (+136%)
$81: 2.06-6.40 (+211%)
$80: 1.65-5.47 (+231%)
_____

ACCD 07/19 $5 Puts
$5: 
.65-1.43 (+120%)


Fresh Options Ideas:
SPY 07/01 $544-545 Calls
DELL Weekly $138-140 Calls
ABNB Weekly $152.50 Calls

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


Extended Watchlist: 
GDHG, CSLR, SNTI, LGHL, THCH, PRST, NNAX, AITX, FCCN, GTVH, SCPX

Finishing Out the Week Strong, 4 New Targets

Thursday’s Runners:

We’re finishing out the week in the best way we know how, by going over another clean session yesterday in which all of our options ideas produced intraday chances for quick-witted traders. We had highlighted three potential plays in our premarket report, and all of them exhibited good intraday upswings.

Those winning targets were the MU Weekly $136-134 Puts, the MKC 07/19 $70 Calls, and the LEVI 07/19 $20-19 Puts. These were the numbers they registered on the session:

MU Weekly $136-134 Puts
$136:
2.00-5.31 (+165%)
$135: 1.54-4.50 (+192%)
$134: 1.14-3.75 (+229%)
______

MKC 07/19 $70 Calls
$70: 1.80-2.70 (+50%)
_____

LEVI 07/19 $20-19 Puts
$20: .55-1.15 (+109%)
$19: .30-.45 (+50%)


Fresh Options Ideas:
SPY 06/28 $547-549 Calls*
NKE Weekly $82-80 Puts*
ACCD 07/19 $5 Puts
MRCY 07/19 $27.50 Calls

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


Extended Watchlist: 
AAGR, LUCY, COSM, CARM, ESPR, INFN, ASNS, RDGL

Friday’s Major Runners, 4 Fresh Targets

Friday’s Big Movers:

We were pleased to be able to wrap up the trading week on Friday with a strong slate of options movers. There were no duds among the four potential plays we included with our premarket report, and only one set of individual contracts out of the whole lot of ten fell short of multi-bag status. All in all it was a great session.

Our targets for Friday were the NKE Weekly $97-95 Puts, the FDX Weekly $292.50-297.50 Calls, the LULU Weekly $420-415 Puts, and the TSLA Weekly $170-167.50 Puts. The excellent numbers they recorded on the day were as follows:

NKE Weekly $97-95 Puts
$97
: 1.98-2.95 (+49%)
$96: 1.00-2.78 (+178%)
$95: .28-1.80 (+543%)
_____

FDX Weekly $292.50-297.50 Calls
$292.50
: .40-1.82 (+355%)
$295: .20-1.14 (+470%)
$297.50: .15-.68 (+353%)
_____

LULU Weekly $420-415 Puts
$420
: 9.25-33.80 (+265%)
$415: 6.10-27.95 (+358%)
_____

TSLA Weekly $170-167.50 Puts
$170: .65-1.58 (+143%)
$167.50: .14-.36 (+157%)


Fresh Options Ideas:
CAR 04/05 $118-120 Calls
COIN Weekly $260-265 Calls*
DELL 04/05 $114-116 Calls
INTC Weekly $41.50-40.50 Puts*

*Due to Friday’s holiday closure of the markets ‘weekly’ contracts will expire at the close on Thursday


Extended Watchlist:
STEK, MJNA, IGPK, BTEX, BEGI, LCID, BIG, FLGC, MLGO, CGC, ESPR, SLRX

Wrapping Up a Top Shelf Trading Week

Recapping Thursday’s Runners:

Things turned out exceptionally well for us on Thursday, as every one of the options targets in our daily report provided potential opportunities. We signaled interest in tracking five plays, and all five of them registered some pretty nice intraday upswings that traders could have taken advantage of, completing a sweep of our board for the session. We saw a lot of multi-bag runs- some of them reaching into the range of five to seven hundred percent gainers.

We were looking to the SPY 03/21 $522-523 Calls, the MU Weekly $111-113 Calls, the ACN Weekly $357.50-350 Puts, the DRI 04/19 $170-165 Puts, and the CHWY Weekly $17-16.50 Puts for possible chances, and here’s what we saw out of them:

SPY 03/21 $522-523 Calls
$522
: .15-.68 (+353%)
$523: .13-.37 (+185%)
_____

MU Weekly $111-113 Calls
$111
: .99-2.70 (+173%)
$112: .69-2.05 (+197%)
$113: .45-1.49 (+231%)
_____

ACN Weekly $357.50-350 Puts
$357.50
: 2.25-14.00 (+522%)
$355: 1.80-12.26 (+581%)
$350: .90-7.80 (+767%)
_____

DRI 04/19 $170-165 Puts
$170
: 5.10-9.00 (+76%)
$165: 3.10-5.07 (+65%)
_____

CHWY Weekly $17-16.50 Puts
$17
: .32-1.12 (+250%)
$16.50: .14-.69 (+393%)


Fresh Options Ideas:
NKE Weekly $97-85 Puts*
FDX Weekly $292.50-297.50 Calls*
LULU Weekly $420-415 Puts*
TSLA Weekly $170-167.50 Puts*

*Only experienced traders should attempt to trade options contracts on their day of expiration


Integrated Cannabis Solutions, Inc. (OTCMKTS:IGPK) – Review:

We’ve also got a brief OTC recap to relay this morning. We tagged IGPK in our report on Wednesday morning, and yesterday the stock recorded a move up from our observed low of .0028, going on to hit .0073. That marks a two-day swing of 161%


Extended Watchlist:
AITX, ENZC, BCEL, UPHL, BIOL, FFIE, GRDI, NVFY, FRSX, OTLK

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