Tag: NKLA

Ending the Week on a High Note, 3 New Ideas

Recapping Wednesday’s Winners:

We’re closing out this short trading week in our favorite way, by reporting another clean sweep of our options trading board from yesterday morning’s premarket report. We had formed five potential plays for our readers’ consideration, and we saw some really nice multibag intraday runs posted. It’s the best way to finish up with the final report of the week, and we hope everyone enjoys the holiday weekend!

Yesterday’s runners were the DNUT 04/19 $17.50 Calls, the MRK Weekly $131-132 Calls, the GME Weekly $13-12 Puts, the CTAS 04/19 $660-680 Calls and the NCNO 04/19 $35-40 Calls. Here are the intraday moves they recorded, only a couple of which fell short of the double-bag mark, and with one target actually a exceeding one thousand percent rip on the day:

DNUT 04/19 $17.50 Calls
$17.50: .40-.91 (+127%)
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MRK Weekly $131-132 Calls
$131: .36-1.25 (+247%)
$132: .14-.67 (+379%)
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GME Weekly $13-12 Puts
$13: .16-.30 (+87%)
$12.50: .06-.12 (+100%)
$12: .03-.05 (+67%)
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CTAS 04/19 $660-680 Calls
$660: 12.13-45.60 (+276%)
$670: 7.80-36.00 (+361%)
$680: 2.39-27.15 (+1036%)
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NCNO 04/19 $35-40 Calls
$35: 1.00-2.45 (+145%)
$40: .10-.70 (+600%)

Fresh Options Ideas:
SPY 03/28 $522-523 Calls*
MLKN 04/19 $25 Puts
RH Weekly $325-330 Calls*

*Due to tomorrow’s holiday, ‘weekly’ contracts will expire at market close today. Don’t trade options on their day of expiration unless you are an experienced trader. 

Extended Watchlist:
NKLA, KTRA, AKAN, XLO, IBIO, PIK, AVTX, BDRX, ARGNF, ENZC, BLIS, PPCB, EVFM

Monday’s Runners, 6-Pack of New Ideas

Good Start to the Week:

Things went rather well for us to start the fresh trading week yesterday. Our premarket report contained three short term and one longer term idea, and the three quick-strike plays all delivered. This was despite having a shallow pool of earnings reporters, and having to improvise in terms of the targets. We shouldn’t have that issue today, with a full slate on the earnings calendar and a lot more interesting things happening.

As for yesterday’s fresh plays, here we have the intraday figures on the SPY 10/23 $421-420 Puts, the AAPL Weekly $172.50-170 Puts, and the AA Weekly $24-23.50 Puts:

SPY 10/23 $421-420 Puts
$421: .09-.78 (+767%)
$420: .05-.30 (+500%)
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AAPL Weekly $172.50-170 Puts
$172.50: 1.27-1.76 (+39%)
$170: .66-.96 (+45%)
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AA Weekly $24-23.50 Puts
$24: .47-.92 (+96%)
$23.50: .32-.63 (+97%)

Fresh Options Ideas:
RTX Weekly $78-80 Calls
VZ Weekly $31.50-32.50 Calls
GE Weekly $111-113 Calls
KO Weekly $54-56 Calls
SPY 10/24 $421-423 Calls*
MARA Weekly $9.50-10 Calls

*Please use caution when trading options contracts on their expiration date. It should only be attempted by experienced traders. 

Extended Watchlist 
ASTI, INM, LIAN, AWIN, WISA, NKLA, RIOT, BAER, MOTS, YCRM, ABQQ, CORZQ, HIRU

Kicking Off Another Trading Week, New Plays

Recapping Friday’s Performance :  

We posted good numbers all week last week, and that trend was unchanged for the options trading ideas we offered up in Friday morning’s premarket report. We had ventured possible strike areas in three separate chains, and came back with some favorable results on the day. Even on days where the earnings calendar doesn’t provide us with many opportunities, we always seem to manage.

That trio of plays from Friday consisted of the ULTA Weekly $425-427.50 Calls, the AFRM Weekly $14-15 Calls, and the HIBB 09/15 $40 Calls. Here were the intraday runs we witnessed in each of the contract sets therein:

ULTA Weekly $425-427.50 Calls
$425: 1.37-3.39 (+147%)
$427.50: .90-2.10 (+133%)
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AFRM Weekly $14-15 Calls
$14: 1.08-4.25 (+293%)
$14.50: .77-3.62 (+370%)
$15: .47-3.21 (+583%)
_____

HIBB 09/15 $40 Calls
$40: 5.00-6.50 (+30%)

Fresh Options Ideas:

The landscape for interesting high profile earnings reporters is essentially barren today, but we’re going to be tracking the following plays in TSLA and the SPY, a couple of chains that we’ve relied upon for big gains many times before.

TSLA Weekly $240-245 Calls
SPY 08/28 $440-442 Calls*

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

 


Extended Watchlist:
GNS, HE, VFS, GDC, VHNA, LQR, NKLA, BGLC