Solid Finish to a Strong Trading Week

Another Winning Wednesday:

We fared pretty well yesterday with respect to the daily options ideas we included in our premarket report. The current earnings dry period persisted, leaving us with only a pair of fresh plays, but they both put up good intraday performances. Additionally, the Oracle calls we’ve been tracking this week once again tacked on some impressive new highs for us.

Those were, of course, the ORCL Weekly $121-123 Calls that we initially marked in Tuesday’s report, and yesterday’s new targets were the LEN Weekly $117-118 Calls, and the KR Weekly $47-46 Puts. Here were the numbers they posted for the session.

ORCL Weekly $121-123 Calls
$121: .53-6.39 (+1195%)
$122: .38-5.39 (+1696%)
$123: .30-4.28 (+1326%)
_____

LEN Weekly $117-118 Calls
$117:
 1.55-3.50 (+126%)
$118: 1.30-2.75 (+111%)
_____

KR Weekly $47-46 Puts
$47:
 1.19-2.56 (+115%)
$46.50: .90-2.10 (+133%)
$46: .59-1.79 (+203%)


Fresh Options Ideas:
ADBE Weekly $510-515 Calls*
SPY 06/16 $440-442 Calls*

*Trading options contracts on their day of expiration should only be attempted by experienced traders


Nikola Corp. NKLA – Recap:

We’ve also got a brief update to relay on NKLA, which we had in Wednesday morning’s extended watchlist. From its low of .99 on Wednesday, the stock has now run up to a high of 1.83. That works out to a two day swing of 85%


Extended Watchlist:
EVLO, HGEN, SPCE, VCIG, ONCR, SURF, FRCB, BDPT, GDVM

Another All-Star Options Trading Week

Closing Out a Fruitful trading Week: 

It was another really good week for us with respect to our options trading acumen. We try hard every single morning to provide a solid array potential ideas that are timely, and that we feel give us good chances to turn a notable profit over the course of a day.

Yesterday was yet another example of a clean sweep for our options targets, with everything that we had signaled for observation recording good gains during the session. We had targeted the SPY 01/12 $395-397 Calls, the TSM Weekly $82.50-85 Calls, and the CRWD 01/27 $98-99 Calls, and they all yielded excellent opportunities. The moves broke down as follows:

SPY 01/12 $395-397 Calls
$395: 
.85-3.53 (+315%)
$396: .60-2.60 (+333%)
$397: .34-1.75 (+414%)
_____

TSM Weekly $82.50-85 Calls
$82.50: 2.06-6.30 (+206%)
$83: 2.00-5.75 (+188%)
$84: 1.23-4.85 (+294%)
$85: .76-3.86 (+408%)
_____

CRWD 01/27 $98-99 Calls 
$98: 2.17-3.85 (+77%)
$99: 1.86-3.25 (+75%)


Fresh Options Ideas: 
JPM Weekly $139-136 Puts*
BAC Weekly $34.50-33.50 Puts*
C Weekly $48-49 Calls*

TSLA Weekly $118-115 Puts*

*Trading options on their day of expiration is typically a higher risk/reward situation, and should only be attempted by experienced traders


Extended Watchlist:
ARVL, HEXO, RDHL, ZVSA, APRN, SPCE, STEK, ETHE, ZRFY, BCGG, VPLM

TSM Multi-Baggers, Fresh Options Ideas

TSM, UNH Options Reviews: 

As we close out another successful trading week, and heading into next week when the earnings calendar is going to begin to fill up once again, we’re reflecting on the excellent job we feel we’ve done in dealing with this drought. We’re also looking very forward to the success on the horizon.

For now, we’ll go over our two plays from yesterday morning’s report, which were the TSM Weekly $112-114 Calls and the UNH Weekly $410-415 Calls, which both yielded some solid intraday gain chances for us. Those trading ranges and total possible gains were as follows:

TSM Weekly $112-114 Calls
$112: .57-1.70 (+198%)
$113: .34-1.03 (+203%)
$114: .20-.58 (+190%)
_____

UNH Weekly $410-415 Calls
$410: 12.60-17.70 (+40%)
$412.50: 12.06-16.39 (+36%)
$415: 4.32-8.26 (+91%)


Fresh Options Ideas:

While earnings season is not yet in full swing, the daily rolls have been growing slightly, and we have a fair bit of material to work with for today’s fresh plays.

JNJ 10/22 $160-165 Calls
JBHT Weekly $175-185 Calls*
GS Weekly $392.50-397.50 Calls*
SPCE 10/29 $20-22 Calls

*Please do not attempt to trade options contracts on their day of expiration unless you are an experienced trader with access to disposable funds.


Extended Watchlist:
LMFA, SNOA, ABVC, AIRI, PJET, APTY, IFAN