Tag: SNOW

Options Recap, 4 Ideas to Close Out the Week

Thursday Recap:

We stuck to the bearish side of the tracks on the targets we formulated for our premarket report yesterday. Things worked out pretty well for us, and left us on pace to hopefully extend our good fortune for one more session today, as we stand on the edge of an entire trading month of useful ideas. Whether we hit that mark or not, the last few weeks have been incredible, and we’re proud of our accomplishments.

As for yesterday’s targets, we saw the following movement from the WSM 09/20 $130-125 Puts, the URBN Weekly $37-35 Puts, and the SNOW Weekly $124-122 Puts:

WSM 09/20 $130-125 Puts
$130: 4.20-5.70 (+36%)
$125: 2.55-3.50 (+37%)
_____

URBN Weekly $37-35 Puts
$37: .48-.85 (+77%)
$36: .35-.84 (+140%)
$35: .05-.20 (+150%)
_____

SNOW Weekly $124-122 Puts
$124: 3.50-7.87 (+125%)
$123: 2.70-7.60 (+181%)
$122: 2.23-7.00 (+214%)

Fresh Options Ideas:
SPY 08/23 $557-559 Calls*
WDAY Weekly $260-265 Calls*
INTU Weekly $550-560 Calls*
CAVA Weekly $108-110 Calls*

*Only experienced traders should attempt to trade contracts on their day of expiration

Extended Watchlist: 
MNTS, ELAB, VERB, FFIE, SYTA, PRTG, CRKN

Win Streak Review, 3 New Chances

A Winning Wednesday:

We were in pretty good shape on all of our potential targets from our premarket report yesterday. We were hoping to keep our massive streak going for another day, and managed that feat with no issues. Nobody can be perfect all the time, so it makes the fact that we’re closing in on 20 trading days without a miss all the more special to us. We will try our very best to come through these next two days clean, so we can wear that one month crown!

Yesterday’s suggestions were the TGT Weekly $162.50-165 Calls, the TJX Weekly $117-119 Calls, and the KEYS 09/20 $155-160 Calls. Here were the largest intraday upswings from each of those targets:

TGT Weekly $162.50-165 Calls
$162.50: .95-1.96 (+106%)
$165: .48-1.11 (+131%)
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TJX Weekly $117-119 Calls
$117: 1.92-3.90 (+103%)
$118: 1.31-2.86 (+118%)
$119: .84-2.25 (+168%)
_____

KEYS 09/20 $155-160 Calls
$155: 3.51-6.79 (+93%)
$160: 1.16-3.80 (+228%)

Fresh Options Ideas:
WSM 09/20 $130-125 Puts
URBN Weekly $37-35 Puts
SNOW Weekly $124-122 Puts

Extended Watchlist: 
CSIO, STAF, SVMH, GDC, MOBX, PTON, BENF

Monday’s Movers, Today’s 3 New Plays

A Good Start to the Week:

Tuesday turned out to be another excellent session for us and the daily options plays we hashed out for yesterday our premarket report. We had come up with four potential trading ideas, all to the short side, and were pretty well pleased with the performance of each of those sets of targets.

We were looking at the AMD Weekly $165-162.50 Puts, the GME Weekly $29.50-28.50 Puts, the DELL Weekly $130-128 Puts, and the NVDA Weekly $121-120 Puts. They produced these intraday upswings and total possible gains on the session:

AMD Weekly $165-162.50 Puts
$165: 3.25-6.75 (+108%)
$162.50: 2.22-5.05 (+127%)

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GME Weekly $29.50-28.50 Puts
$29.50: 4.85-7.75 (+60%)
$29: 4.45-7.50 (+68%)
$28.50: 3.95-7.35 (+86%)

_____

DELL Weekly $130-128 Puts
$130: .75-1.50 (+100%)
$129: .55-1.15 (+109%)
$128: .45-.77 (+71%)

_____

NVDA Weekly $121-120 Puts
$121: 1.68-2.71 (+61%)
$120.50: 1.50-2.45 (+63%)
$120: 1.32-2.21 (+67%)

Fresh Options Ideas:
ASO Weekly $51-49 Puts
CRM Weekly $242.50-245 Calls
SNOW 06/28 $133-135 Calls

Extended Watchlist: 
KITT, KXIN, XYN, PIXY, KWE, QSG, AKAN, ETCC

Tuesday Review, 3 Fresh Options Ideas

Reviewing Tuesday’s Ideas:

Things went pretty well in terms of the possible options trading targets in our premarket report yesterday morning. There were a pair of quick-strike ideas based on earnings reporters, and a couple of longer-term swing trades with expirations next month, one of which posted some decent intraday moves right out of the gate. Both of the shorter term plays produced solid results as well.

Those targets were the PVH 04/19 $110-105 Puts, the PAYX 04/19 $120-115 Puts, and the SNOW 05/10 $175-180 Calls. Here were the trading ranges and total possible percentage gains in each of them for the day:

PVH 04/19 $110-105 Puts
$110: 2.30-6.37 (+177%)
$105: .35-4.10 (+1071%)
_____

PAYX 04/19 $120-115 Puts
$120: 1.16-2.21 (+90%)
$115: .29-.60 (+107%)
_____

SNOW 05/10 $175-180 Calls
$175: 2.00-2.80 (+40%)
$180: 1.84-2.12 (+15%)

Fresh Options Ideas:
CALM 04/19 $60-65 Calls
PLAY 04/19 $65-70 Calls
LH 04/19 $210 Puts

Extended Watchlist:
ASAP, ZNPG, CYBL, EARI, APLIF, KTRA, AIH, ABIO, VVPR, HSDT, VNDA, XTIA

Options Recaps, 4 Fresh Potential Plays

More Options Review:

We want to open up this morning by apologizing for any confusion pertaining to the SPY Calls in yesterday’s premarket report. We mistakenly listed our targets as the $424-425 instead of the $524-525 Calls, and didn’t catch our error until it was too late. We don’t often make mistakes, but we’re quit to point it out when we do. As a result we have just a couple of yesterday’s targets to report back on, but we’ve also got some updates on previous longer-term plays that have tacked on some new highs this week.

Yesterday’s movers were the BOIL Weekly $13.50-14.50 Calls, and the SGML 04/19 $13-14 Calls. The CAR 04/05 $118-120 Calls, and the DELL 04/05 $114-116 Calls, we alerted on last Monday, and we’ll include the updated figures for those excellent week-over-week runners as well:

BOIL Weekly $13.50-14.50 Calls
$13.50: .81-1.22 (+51%)
$14: .55-.90 (+64%)
$14.50: .37-.65 (+76%)
_____

SGML 04/19 $13-14 Calls
$13: 1.25-1.80 (+44%)
$14: .80-1.30 (+62%)
_____

CAR 04/05 $118-120 Calls
$118: 3.20-8.32 (+191%)
$119: 3.10-5.10 (+64%)
$120: 2.69-5.60 (+108%)
_____

DELL 04/05 $114-116 Calls
$114: 2.15-6.00 (+179%)
$115: .60-5.00 (+733%)
$116: 1.80-4.00 (+122%)

Fresh Options Ideas:

We’ve got some potential earnings plays in PVH and PAYX this morning, as well as a couple of longer term recovery play possibilities with SNOW, whose CEO recently snapped up $5M at the bottom, and IRON, which tanked dramatically on some unfavorable news.

PVH 04/19 $110-105 Puts
PAYX 04/19 $120-115 Puts
SNOW 05/10 $175-180 Calls
IRON 05/17 $40-45 Calls

Extended Watchlist:
WBBA, LTNC, IGPK, HYSR, TPET, LIFW, XTIA, WPR, AINC, PIK