Dollar General Corp. DG
We highlighted a wide range of calls in the DG chain yesterday morning on the heels of the company’s earnings release, the DG Weekly $94-96.50 Calls
While every contract in the range did see intraday gains, we’ll just focus on the $94-95.50′s, as the $96 & $96.50′s didn’t get pushed deep enough in the money to make similarly large moves.
$94 Calls – Range: .50-1.93 – Max Gain: 286%
$94.50 Calls – Range: .42-1.46 – Max Gain: 248%
$95 Calls – Range: .30-1.40 – Max Gain: 367%
$95.50 Calls – Range: .30-1.00 – Max Gain: 233%
Burlington Stores, Inc. BURL
We also had the BURL 03/16 $120 & $125 Calls on watch beginning last Thursday, and between then and now, we ended up witnessing some nice moves from those plays.
Our observed range on the $120′s has been 4.04-9.53 (+136%), and the $125 have run from 1.35-4.73 (+250%) in just a week’s time.
SPDR S&P 500 ETF (SPY)
We’re going to come back to the SPY today after having seen the markets experience four consecutive days of losses this week.
We’ll be looking for a reversal of fortune for the SPY, and will be tracking the Weekly $274-275.50 Calls* today.
*Do NOT trade weekly calls on a Friday unless you are an expert level trader!
AUPH, KBSF, OPGN, SMRT, ZSAN,