Tag: SMTC

Wrapping Up Another Good Week, 5 Fresh Plays

Thursday’s Trio of Winners:  

We got things back on track in terms of options trading ideas yesterday morning. We included a trio of potential plays, and were happy to see a lot of good activity, with winners across the board. It’s a good way to head into the end of the week as we attempt to do it one more time this morning. Another earnings season has come and gone, but as usual we will do our best to generate plenty of ideas based on other factors until we’re back in the thick of things in a few weeks’ time.

Yesterday’s targets were the SMTC Weekly $22-23 Calls, the SPY 09/14 $447-448 Calls, and the BABA Weekly $87-89 Calls, and they produced the following caliber of intraday moves and total potential profits for traders:

SMTC Weekly $22-23 Calls
$22: 1.55-3.00 (+94%)
$23: .75-2.15 (+187%)
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SPY 09/14 $447-448 Calls
$447: 1.23-4.20 (+241%)
$448: .66-3.06 (+364%)
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BABA Weekly $87-89 Calls
$87: 1.07-1.76 (+95%)
$88: .60-1.06 (+77%)
$89: .32-.59 (+84%)

Fresh Options Ideas*:
DASH Weekly $82-81 Puts
ADBE Weekly $537.50-530 Puts
MITK Weekly $12.50 Calls
LEN Weekly $117-115 Puts
BIO Weekly $370 Calls

*All of today’s targets expire at the close. Do not attempt to trade options on their day of expiration unless you are an experienced options trader!

Extended Watchlist:
CNXA, AGRI, LIFW, CNXA, ULH, AWIN, DSHK, ZNOG

Midweek Updates, Trio of New Ideas

Midweek Options Recaps:  

We offered up a pair of short term and a pair of longer term ideas in our premarket report yesterday, and as is pretty typical, we saw some good movement out of the weekly plays, and not so much instant gratification from those that expire next month. We usually gravitate to those kind of ideas during earnings low periods, and we certainly have been short on big name reporters this week. But we’ll continue to monitor those interests into October, and keep trying to point out whatever looks best to us on a daily basis.

As for yesterday’s weekly plays, which were the CBRL Weekly $70-75 Calls and the BUR Weekly $17.50-15 Puts, we observed the following intraday trading activity and gain potential:

CBRL Weekly $70-75 Calls
$70: 3.00-4.20 (+40%)
$75: 1.09-2.66 (+144%)
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BUR Weekly $17.50-15 Puts
$17.50: 1.63-1.93 (+18%)
$15: .05-.10 (+100%)

Fresh Options:
SMTC Weekly $22-23 Calls
SPY 09/14 $447-448 Calls
BABA Weekly $87-89 Calls

Extended Watchlist:
AVTX, FWBI, GMBL, RNAZ, KITT, NVOS, NAVB, NLST, YCRM, CNBX

More Options Success, 5 New Plays

Another Flawless Day for Options:

We maintained our excellent options run yesterday, after adding four potential trading ideas to our radar in our premarket report for the day, and witnessing some very nice intraday upswings in those designated targets. Each and every one produced enough positive movement to facilitate some very nice profit chances.

Our daily interests for Wednesday’s session were the PLAY 06/16 $35 Calls, the CPB Weekly $50-49 Puts, the OLLI 06/16 $62.50-60 Puts, and the BASE 06/16 $20-17.50 Puts, and here we have the rundown of the intraday runs they exhibited:

PLAY 06/16 $35 Calls
$35: 2.40-7.66 (+219%)
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CPB Weekly $50-49 Puts
$50: 2.00-3.90 (+95%)
$49: 1.15-2.85 (+148%)
_____

OLLI 06/16 $62.50-60 Puts
$62.50: 1.35-3.30 (+144%)
$60: .50-1.95 (+290%)
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BASE 06/16 $20-17.50 Puts
$20: 1.25-4.10 (+228%)
$17.50: .20-1.80 (+800%)

Fresh Options Ideas: 
SIG Weekly $64-62 Puts
SMTC 06/16 $27-28 Calls
SMAR 06/16 $40 Puts
GME Weekly $21.50-20.50 Puts 
CVNA Weekly $18.50-19.50 Calls

Extended Watchlist: 
BAOS, ACON, ONFO, MIMO, ALYA, TSLVF, HYSR, AIAD, BLCM, ASTA