New Highs for Options Plays, 4 Fresh Ideas

SPY Runners, Other Recaps:

We were bullish on the SPY yesterday morning and as a result we signaled a range of calls in our premarket report, the SPY 04/12 $411-413 Calls, which ultimately recorded some very nice intraday movement. Additionally, we wanted to circle back around to a couple of the other sets of 04/21 calls that we’ve placed on watch in recent weeks, that have posted new highs this week.

The Friday before last, we highlighted the WGO 04/21 $55-60 Calls, and a couple of sessions later on April 4th, we included the TSE 04/21 $22.50 Calls in our daily report. So the figures we see below represent SPY’s intraday run yesterday, and the overall increases in our WGO and TSE targets since the alert dates we linked here.

SPY 04/12 $411-413 Calls
$411:
 .28-1.00 (+257%)
$412: .14-.49 (+250%)
$413: .08-.20 (+150%)
_____

WGO 04/21 $55-60 Calls
$55: 1.60-3.86 (+151%)
$60: .29-1.60 (+451%)
_____

TSE 04/21 $22.50 Calls
$22.50:
 .25-.70 (+180%)


Fresh Options Ideas:
DAL Weekly $34.50-35 Calls
FAST 04/21 $52.50-50 Puts
INFY 04/21 $16-15 Puts
PGR 04/21 $145-140 Puts


Extended Watchlist:
KGKG, PHIL, SKKRF, KITL, CXAI, AUUD, MOBQ, JZXN, CYTO, SABS

Perfect Start to the Week, New Options Ideas

Flawless Options Trading Session:

We were interested in four different options trading ideas that we placed on watch in our premarket report yesterday morning, and we were very pleased with the results we met with, having all four sets of calls produce some type of intraday movement for us. We love a good clean sweep, and as our regular readers can attest, it’s not a rare occurrence for us.

Our focal points for the session were the KMX Weekly $69-70 Calls, the NKE Weekly $121 Calls, the PSMT 04/21 $75 Calls, and the ASO 04/21 $65 Calls. The potential gains we saw varied wildly, from a modest 24-percenter on up to a mammoth 445-percenter. Here’s the rundown of the activity they presented on the day.

KMX Weekly $69-70 Calls
$69:
 2.07-4.74 (+129%)
$70: 1.45-3.93 (+171%)
_____

NKE Weekly $121 Calls
$121: 2.31-3.11 (+35%)
_____

PSMT 04/21 $75 Calls
$75: .85-4.63 (+445%)

ASO 04/21 $65 Calls
$65: 1.92-2.38 (+24%)


Fresh Options Ideas:
SPY 04/12 $411-413 Calls
APOG 04/21 $45 Calls
NRG 04/21 $37 Calls


Extended Watchlist:
GTII, CORZQ, GLSH, OTIC, CELZ, PBLA, CYTO, YVR, HTCR

 

Big Options Movers, New Ideas

Winning Options Updates:

The markets ripped on Friday to close out what was a pretty exciting trading week, and as a result, both of the quick-strike options ideas we had included in our premarket report ended up recording some pretty good intraday runs for us. Additionally, we saw some new highs in a couple of longer-term ideas we’ve recently had.

Friday’s daily runners were the RUM Weekly $9.50-10 Calls and the SPY 03/31 $404-405 Calls which exhibited in the intraday moves listed below, and our previously tracked plays were the CPRI 04/21 $47.50 Calls (1st Alert: 03/24) and the UNFI 04/21 $22.50-25 Calls (1st Alert: 03/27). The following breakdown of those moves represent our observed lows following the dates linked to those reports, up to Friday’s new highs.

RUM Weekly $9.50-10 Calls
$9.50:
 .20-.86 (+330%)
$10: .05-.40 (+700%)
_____

SPY 03/31 $404-405 Calls
$404:
 1.41-5.52 (+291%)
$405: .82-4.77 (+481%)
_____

CPRI 04/21 $47.50 Calls
$47.50: .33-1.53 (+364%)
_____

UNFI 04/21 $22.50-25 Calls
$22.50:
 2.47-3.86 (+56%)
$25: .50-1.90 (+280%)


Fresh Options Ideas:
EDR 04/21 $22.50-25 Calls
SAIC 04/21 $105-110 Calls


Extended Watchlist:
INDO, AULT, IMPP, GFAI, USEG, VNET, ENSV, DPLS, CRTD, DRCR, IGPK, GSAC

Solid Finish to a Great Trading Week

Closing Out a Solid Week of Options Trading:

We put on another good show yesterday with respect to the daily options targets we posted in our premarket report. In this case two out of the three items we were monitoring produced significant intraday trading opportunities for us. Additionally, we’ve got some new highs to report for some of the longer-term targets we established late last week.

Yesterday’s runners were the RH Weekly $235-230 Puts and the SPY 03/30 $401-402 Calls, and our updates from last week’s plays include the GIS 04/21 $82.50 Calls and the CPRI 04/21 $47.50 Calls, which we alerted on Thursday and Friday, respectively. Here’s now all those numbers broke down for us, and carried the torch of our recent options success that much farther:

RH Weekly $235-230 Puts
$235:
 .60-2.71 (+352%)
$232.50: .35-1.82 (+420%)
$230: .30-1.35 (+350%)

_____

SPY 03/30 $401-402 Calls
$401: 1.14-2.85 (+150%)
$402: .53-1.84 (+249%)
_____

CPRI 04/21 $47.50 Calls
$47.50:
 .40-1.53 (+283%)
_____

GIS 04/21 $82.50 Calls
$82.50: .50-4.30 (+760%)


Fresh Options Ideas:
WGO 04/21 $55-60 Calls
RUM Weekly $9.50-10 Calls
SPY 03/31 $404-405 Calls


Extended Watchlist:
PSWW, PALI, SPRO, AULT, INPX, CHSN

Wednesday’s Options Perfection, Fresh Ideas

Another Clean Sweep on Options:

We really came through on the four options ideas we put on watch in yesterday morning’s premarket report. We had three earnings-related plays as well as some targets in the daily SPY, and witnessed some very nice activity out of our entire board. That leaves the number of unsuccessful options picks we’ve made this week at exactly one, with literally everything else we’ve mentioned providing some serious chances for quick profits.

Yesterday’s winning targets were the PAYX 04/21 $115 Calls, the LULU Weekly $367.50-372.50 Calls, the MU Weekly $59-61 Calls, and the SPY 03/29 $397-398 Calls, and here are the sorts of gains they provided for ourselves and our readers on the day:

PAYX 04/21 $115 Calls
$115:
 .75-3.80 (+407%)
_____

LULU Weekly $367.50-372.50 Calls
$367.50: 3.30-8.24 (+150%)
$370: 3.04-6.90 (+127%)
$372.50: 2.30-5.75 (+150%)
_____

MU Weekly $59-61 Calls
$59:
 2.78-5.55 (+99%)
$60: 2.23-4.70 (+111%)
$61: 1.60-3.80 (+138%)
_____

SPY 03/29 $397-398 Calls
$397:
 2.17-4.58 (+111%)
$398: 1.43-3.62 (+153%)


Fresh Options Ideas:
SMTC 04/21 $26-25 Puts
RH Weekly $235-230 Puts
SPY 03/30 $401-402 Calls*

*Trading options contracts on their day of expiration should not be attempted by inexperienced traders 


Extended Watchlist:
PSWW, SCYX, BOXD, FRGT, SGBX

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