TJX, LOW Options Recap:
We’re cruising right along on the options front this week, with the earnings calendar having presented us with a lot to look at each morning. Today looks to be no different with several big name reporters on the slate.
First, we’ll go over the activity in the new ideas we formulated in yesterday morning’s premarket report, which produced a few winners. Apart from the BIDU Calls we were watching which weren’t very impressive, we were tracking the TJX Weekly $71-73 Calls, and the LOW Weekly $250-255 Calls, both of which produced significant intraday movement and profit opportunity.
Here are the ranges and total possible gains that could have been realized on the day:
TJX Weekly $71-73 Calls
$71: 3.75-5.50 (+47%)
$72: 3.01-4.55 (+51%)
$72.50: 2.41-4.00 (+66%)
$73: 2.06-3.60 (+75%)
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LOW Weekly $250-255 Calls
$250: .99-2.46 (+148%)
$252.50: .65-1.50 (+131%)
$255: .46-.95 (+107%)
Fresh Options Ideas:
NVDA Weekly $312.50-317.50 Calls
KSS Weekly $60-62 Calls
VSCO Weekly $50-55 Calls
M Weekly $31-33 Calls
Extended Watchlist:
GTLL, AHFD, EVTV, TGGI, VYGVF, SEV, CRDF, RAAS, DRNA