A Winning Wednesday, 5 New Ideas

Winning Wednesday:

We kept things moving along swimmingly on Wednesday with regard to the options ideas in our premarket report for the day. We put in a pretty good mix of short-term and longer-term ideas, as well as bears and bulls. Three out of our four interests produced instant results, and the fourth (IHF) we’ll put on the back burner, as we feel it will still produce the activity we’re looking for in the days and weeks ahead.

Our hot hands for the day were our other targets, which were the FDX Weekly $230-225 Puts, the WGO 07/21 $60-55 Puts, and the PDCO 07/21 $31-33 Calls. From those we got several chances for multi-bag profits on the session, and those moves were as follows:

FDX Weekly $230-225 Puts
$230:
 1.91-6.29 (+229%)
$227.50: 1.17-4.25 (+263%)
$225: .63-2.56 (+306%)
_____

WGO 07/21 $60-55 Puts
$60:
 .85-1.75 (+106%)
$55: .27-.60 (+122%)
_____

PDCO 07/21 $31-33 Calls
$31:
 .45-1.97 (+338%)
$32: .70-1.50 (+114%)
$33: .50-.75 (+50%)


Fresh Options Ideas:
DRI 07/21 $165-155 Puts
ACN Weekly $302.50-297.50 Puts
CDMO 07/21 $12.50-10 Puts
KBH 07/21 $50 Puts
OSTK Weekly $22.50-23.50 Calls


Extended Watchlist:
PIXY, TTOO, AGLE, ROOT, LCFY, APE, SYTA, TALS, AAOI, ONCR, GZIC, GZIC, CLNV

Solid Finish to a Strong Trading Week

Another Winning Wednesday:

We fared pretty well yesterday with respect to the daily options ideas we included in our premarket report. The current earnings dry period persisted, leaving us with only a pair of fresh plays, but they both put up good intraday performances. Additionally, the Oracle calls we’ve been tracking this week once again tacked on some impressive new highs for us.

Those were, of course, the ORCL Weekly $121-123 Calls that we initially marked in Tuesday’s report, and yesterday’s new targets were the LEN Weekly $117-118 Calls, and the KR Weekly $47-46 Puts. Here were the numbers they posted for the session.

ORCL Weekly $121-123 Calls
$121: .53-6.39 (+1195%)
$122: .38-5.39 (+1696%)
$123: .30-4.28 (+1326%)
_____

LEN Weekly $117-118 Calls
$117:
 1.55-3.50 (+126%)
$118: 1.30-2.75 (+111%)
_____

KR Weekly $47-46 Puts
$47:
 1.19-2.56 (+115%)
$46.50: .90-2.10 (+133%)
$46: .59-1.79 (+203%)


Fresh Options Ideas:
ADBE Weekly $510-515 Calls*
SPY 06/16 $440-442 Calls*

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


Nikola Corp. NKLA – Recap:

We’ve also got a brief update to relay on NKLA, which we had in Wednesday morning’s extended watchlist. From its low of .99 on Wednesday, the stock has now run up to a high of 1.83. That works out to a two day swing of 85%


Extended Watchlist:
EVLO, HGEN, SPCE, VCIG, ONCR, SURF, FRCB, BDPT, GDVM

Tuesday’s Runners, Fresh Plays for Today

Yesterday’s Movers:

Things progressed rather well for us on Tuesday, after a solid start to the trading week. We signaled interest in pursuing three quick-strike plays and one longer-term swing idea with a July expiration in our morning report. We’ll come back to that one at a later date, but for now, the two sets of weekly calls we highlighted along with the SPYs that expired at the end of yesterday’s session, performed quite well for us.

We’ll relay those figures, which were from the ORCL Weekly $121-123 Calls, the SPY 06/13 $434-435 Calls, and the TSLA Weekly $252.50 Calls, which we added to the $247.50-250 Calls from our previous report (and we’ll roll up to some new strike prices again today). We saw some very nice gain opportunities on the day, and they went as follows:

ORCL Weekly $121-123 Calls
$121: .53-.78 (+47%)
$122: .38-.61 (+61%)
$123: .30-.44 (+47%)
_____

SPY 06/13 $434-435 Calls
$434: 1.42-3.37 (+137%)
$435: .89-2.39 (+169%)
_____

TSLA Weekly $247.50-252.50 Calls
$247.50: 5.90-14.20 (+141%)
$250: 4.95-12.30 (+148%)
$252.50: 5.70-10.55 (+85%)


Fresh Options Ideas:
TSLA Weekly $260-262.50 Calls
AMD Weekly $126-128 Calls
ATEX Weekly $30-35 Calls


Extended Watchlist:
CYXT, BWV, NKLA, NHWK, ONCR, IVA, WISA, GEGI, GAXY, LTRY

Excellent Finish to a Great Trading Week

Yesterday’s Big Movers:

We’re pleased to be able to finish out the week on yet another clean sweep of options plays. The targets we marked in yesterday morning’s report were a mixed bag of weekly and longer-term plays, as well as a mix of bullish and bearish ideas. In each and every case, we saw some very nice intraday activity which could have facilitated some serious gains.

Our daily interests were the NVDA Weekly $385-395 Calls, the SPLK Weekly $103-105 Calls, the NTNX 06/16 $30 Calls, the DLTR Weekly $138-136 Puts and the BBY Weekly $71-73 Calls. We didn’t miss on a single target, carrying us into the long holiday weekend on an very high note. Here’s how our plays for yesterday did in terms of total possible profits for traders:

NVDA Weekly $385-395 Calls
$385:
 4.44-12.68 (+186%)
$387.50: 3.68-11.09 (+201%)
$390: 2.91-9.60 (+230%)
$392.50: 2.41-8.20 (+240%)
$395: 1.91-7.00 (+266%)
_____

SPLK Weekly $103-105 Calls
$103: .67-1.65 (+146%)
$104: .37-1.23 (+232%)
$105: .19-.86 (+352%)
_____

NTNX 06/16 $30 Calls
$30: .50-1.05 (+110%)
_____

DLTR Weekly $138-136 Puts
$138: .50-2.02 (+304%)
$137: .34-1.64 (+382%)
$136: .30-.87 (+190%)
_____

BBY Weekly $71-73 Calls
$71:
 .44-.95 (+116%)
$72: .20-.48 (+140%)
$73: .09-.20 (+122%)


Fresh Options Ideas:
PDD Weekly $66-69 Calls*
ULTA Weekly $445-435 Puts*
MRVL Weekly $57-58 Calls*
WDAY Weekly $212.50-217.50 Calls*

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


Extended Watchlist:
ELEV, SFR, EFTR, SHPH, ONFO, ONCR, QH, CNNA, VPLM

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