Friday’s HUGE Runners, 4 Fresh Ideas

Friday’s Fantastic Four: 

Before we broke for the long weekend on Friday, we had highlighted our interest in tracking a selection of four sets of potential options plays. While three of those four were bearish ideas, they bucked the trend quite nicely for us. The markets gapped down in the morning and ripped for most of the day, going green around 1PM.  There were opportunities at various times during the session for all four of our targets.

The ideas in question were the JPM Weekly $139-136 Puts, the BAC Weekly $34.50-33.50 Puts, the C Weekly $48-49 Calls, and the TSLA Weekly $118-115 Puts. Most of the intraday runs we saw were considerable (including a couple of thousand percent+ gainers!) which you can see from the breakdown below:

JPM Weekly $139-136 Puts
$139: 
1.12-2.10 (+87%)
$138: .64-1.30 (+103%)
$137: .30-.80 (+167%)
$136: .15-.41 (+173%)
_____

BAC Weekly $34.50-33.50 Puts
$34.50: 
.23-1.35 (+487%)
$34: .10-.96 (+860%)
$33.50: .03-.55 (+1733%)
_____

C Weekly $48-49 Calls
$48: 
.40-2.08 (+420%)
$48.50: .26-1.60 (+515%)
$49: .08-1.14 (+1325%)
_____

TSLA Weekly $118-115 Puts
$118: .21-.82 (+290%)
$117: .13-.48 (+269%)
$116: .07-.28 (+300%)
$115: .05-.16 (+220%)


Fresh Options Ideas:
GS Weekly $370-365 Puts
SBNY Weekly $120 Calls
TSLA Weekly $123-125 Calls
MARA Weekly $8.00-8.50 Calls


Extended Watchlist:
AITX, VPLM, AAPJ, TGGI, CBTC, DCFC, MGOL, CLXT, CYAD, APRN,

Options Winners Across the Board

Clean Options Sweep: 

We brought the heat in yesterday morning’s premarket report, in which we hashed out a selection of four potential options plays based off of earnings, and we were really pleased with the results. We offered up four sets of possible plays, and each and every one of them returned opportunities for intraday gains.

Our specific targets were the NEOG Weekly $15.50-16.50 Calls, the CAG Weekly $39-40 Calls, the STZ Weekly $227.50-222.50 Puts, and the WBA Weekly $36.50-35.50 Puts. The level of gain chances we saw ranged from moderate to explosive, but no matter how you slice it, we scored another clean sweep and perfect session on our selections for the day. Here’s the breakdown of their activity:

NEOG Weekly $15.50-16.50 Calls
$15.50: .40-.70 (+75%)
$16: .20-.45 (+80%)
$16.50: .10-.18 (+80%)
_____

CAG Weekly $39-40 Calls
$39:
 .50-1.20 (+140%)
$40: .15-.45 (+200%)
_____

STZ Weekly $227.50-222.50 Puts
$227.50:
 6.95-16.85 (+192%)
$25: 4.00-15.75 (+294%)
$222.50: 1.70-13.70 (+706%)
_____

WBA Weekly $36.50-35.50 Puts
$36.50: .76-2.17 (+186%)
$36: .49-1.61 (+229%)
$35.50: .29-1.22 (+321%)


Fresh Options Ideas:
SPY 01/06 $381-383 Calls*

GBX 01/20 $35-30 Puts
TSLA Weekly $107-104 Puts*

*Please don’t attempt to trade options on their day of expiration unless you are an experienced trader with access to disposable funds!


Extended Watchlist:
SPRB, CTMX, MGAM, ATXG, MEGL, GSUN, PHIL, KGKG, BCNN, TGGI, CETY

Impressive Runners from Friday, Fresh Ideas

Big Move Friday:

We capped things off at the end of last week in strong fashion, despite a smaller than usual selection of potential plays. We may have only offered up two options ideas, but that’s all we needed, as they both not only made positive moves, but absolutely flourished. There were some really nice chances for big time gains to close out the week. 

Our winning targets were the SPY 09/23 $371-369 Puts, and the COST Weekly $465-475 Calls, which put together the following intraday surges. We’ve also got an update on the DRI 10/21 $125 Puts, which we began tracking the morning prior on Thursday. Those set an impressive new high after the stock went tumbling again.

SPY 09/23 $371-369 Puts
$371:
 2.34-7.70 (+229%)
$370: 1.88-6.72 (+257%)
$369: 1.49-5.72 (+284%)
_____

COST Weekly $465-475 Calls
$465: .81-3.18 (+293%)
$470: 1.21-3.12 (+158%)
$475: .24-.85 (+254%)
_____

DRI 10/21 $125 Puts
$125: 3.70-7.98 (+116%)


Fresh Options Ideas:
CHK 10/21 $95-90 Puts
ABG 10/21 $145-150 Calls
SPY 09/26 $365-367 Calls 


Extended Watchlist:
GTII, GWSO, TONR, TGGI, OWUV, CZNI, FFIE, LVTX, RDHL, ISPC, CRHC