Tag: RSHN

Tough Sledding for the Market, Related Ideas

The Home Depot, Inc. HD – Recap:

From our list of options ideas we were tracking yesterday, Home Depot was the primary trend-bucker of the day, as the markets in general had a tumultuous session, and appear to be headed for more of the same.

We were targeting the HD Weekly $322.50-327.50 Calls and they produced significant intraday gain opportunities shortly following the opening bell. Those trading ranges and potential profits were as follows:

HD Weekly $322.50-327.50 Calls
$322.50: 2.03-5.00 (+146%)
$325: 1.33-3.70 (+178%)
$327.50: .67-2.08 (+210%)
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Fresh Options Ideas:
LOW Weekly $192.50-187.50 Puts
SPY 05/19 $409-407 Puts*
TGT Weekly $215-210 Puts 

*Please remember that trading options on their day of expiration should only be attempted by advanced level traders with access to disposable funds!  

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Extended Watchlist:
GGII, INC, VPER, RETC, RSHN, NSAV, BEHL

Quick-Strike SPY Gains & More

SPY Puts Tack on More Gains:

On Tuesday morning, a couple days into this week’s persistent market selloff, we signaled some SPY Puts which we talked about in yesterday’s report. The SPY 05/12 $415-413 Puts had already produced multibag runs, but yesterday’s grim day for stocks helped produce further activity in our bearish contracts of interest.

Here are the new highs established by those plays during yesterday’s session, and the total moves we’ve witnessed since our alert on Tuesday morning:

SPY 05/12 $415-413 Puts
$415: 1.99-10.04 (+404%)
$414: 1.66-9.11 (+448%)
$413: 1.33-8.45 (+535%)

Fresh SPY Idea: With good jobs figures and a number of other factors, we think today may be the day that the markets shake the rust off, so we’re going to hop over to the other side of the fence and go bullish with the SPY 05/14 $406-407.50 Calls.

Unity Software, Inc. U – Recap

We also had signaled a range of earnings plays yesterday in the premarket, and it was the
U 05/21 $85-90 Calls that most effectively bucked the trend of the day.

Those targets didn’t produce massive eye-popping gains on the session, but they did record these very respectable intraday runs and gain possibilities:

U 05/21 $85-90 Calls
$85: 2.20-4.09 (+86%)
$90: 1.05-2.24 (+113%)
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Fresh Options Ideas: 
XPEV Weekly $25-27 Calls
YETI Weekly $83-85 Calls 

Extended Watchlist:
GOFF, QNTA, OPTI, EEGI, RSHN, MJWL, WSGF, USEI, TCHC, MLHC