Friday’s Activity:
We closed things out for the trading week on Friday in solid fashion, capping off another great stretch. We offered up three possible targets in our premarket report, for the session, and all three exhibited some measure of notable intraday upswings.
Those targets were the SPY 08/14 $777-778 Calls, the AMAT Weekly $510-505 Puts, and the MU Weekly $975-980 Calls. These were the best runs they put together on Friday:
SPY 08/14 $777-778 Calls
$777: .10-.23 (+130%)
$778: .05-.10 (+100%)
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AMAT Weekly $510-505 Puts
$510: 2.14-8.00 (+284%)
$505: 1.12-4.88 (+335%)
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MU Weekly $975-980 Calls
$975: .11-1.53 (+1291%)
$980: .08-.54 (+575%)
Fresh Options Ideas:
SPY 08/17 $776 Calls*
HTHT Weekly $45 Calls
FN Weekly $580 Calls
*Trading options contracts on their day of expiration should only be attempted by experienced traders
Extended Watchlist:
FUFU, HTFL, AAOI, RDDT, WING, MXL, STDN, VERA, NU, AVAH