Midweek Movers, 4 New Targets

Wednesday’s Options Runners:

We got things right back on track with respect to our daily options ideas yesterday. Our premarket report contained a slate of four potential plays, and we saw some really nice intraday movement in all four of them. We have been on an incredible streak in this regard for all of 2024 so far, and as always, we’ll be trying our hardest to sustain that trend to the best of our ability. We sincerely thank all of our long-time and new readers alike for the incredible daily engagement and read rates!

Yesterday’s fresh targets were the VRT Weekly $56-54 Puts, the GRMN 03/25 $130 Calls, the PANW Weekly $280-275 Puts, and the PSA 03/15 $290-300 Calls, and here were the largest intraday runs posted by each of them on the day:

VRT Weekly $56-54 Puts
$56
: .31-1.20 (+287%)
$55: .15-.82 (+447%)
$54: .14-.55 (+293%)
_____

GRMN 03/25 $130 Calls
$130
: 2.94-8.60 (+192%)
_____

PANW Weekly $280-275 Puts
$280
: 12.20-20.30 (+66%)
$277.50: 10.59-17.15 (+62%)
$275: 8.80-16.18 (+84%)
_____

PSA 03/15 $290-300 Calls
$290
: 4.30-5.64 (+31%)
$300: 3.50-5.01 (+43%)


Fresh Options Ideas:
MRNA Weekly $91-93 Calls
TCOM 03/15 $44-45 Calls
PANW Weekly $260-270 Calls
NVDA Weekly $755-765 Calls


Extended Watchlist:
MNPR, AGRX, VERO, BZFD, EAST, GMBL, TSPH, ASPU

A Winning Wednesday, Trio of Fresh Targets

Five for Five on Wednesday:

Wednesday’s session went swimmingly for us, with some really good intraday upswings coming from the options contracts we signaled for tracking in our premarket report for the day. We had hashed out five potential targets, and saw the needle move in a big way on all five. Things become really straightforward for us in the thick of an earnings season, and in recent weeks we’ve have tons of reporters off of which we base our intraday trade ideas.

Yesterday’s chosen targets were the KHC Weekly $35.50-34.50 Puts, the AKAM Weekly $120 Puts, the SONY Weekly $96-98 Calls, the SPY 02/14 $495-496 Calls and the ABNB Weekly $146-145 Puts. The upswings they produced were as follows:

KHC Weekly $35.50-34.50 Puts
$35.50
: .38-1.82 (+379%)
$35: .20-1.31 (+555%)
$34.50: .08-.80 (+900%)
_____

AKAM Weekly $120 Puts
$120: .62-5.95 (+860%)
_____

SONY Weekly $96-98 Calls
$96: .05-.15 (+200%)
$97: .01-.05 (+400%)
$98: .01-.05 (+400%)
_____

SPY 02/14 $495-496 Calls
$495: .78-4.01 (+414%)
$496: .40-3.07 (+667%)
_____

ABNB Weekly $146-145 Puts
$146: 1.02-4.84 (+374%)
$145: 1.22-4.40 (+261%)


Fresh Options Ideas:
DE Weekly $372.50-370 Puts
CSCO Weekly $49.50-48.50 Puts
SPY 02/15 $499-500 Calls* 

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


Datasea Inc. (NASDAQ:DTSS) – Recap: 

We also had a really nice runner jump off of yesterday morning’s extended watchlist. DTSS posted a really impressive single session run for a nine dollar stock on the NASDAQ. It traded up from a low of 9.34 to a daily high of 20.29, representing a 117% rip!


Extended Watchlist:
SOUN, DXF, UCAR, JXJT, CHNR, NNOX, IFBD, NMG, RXRX, IGPK, HZEN, TSPH,  

Monday’s Runners, 5 Fresh Ideas

Solid Start to the Week:

We fared reasonably well with our options picks yesterday. In our premarket report we highlighted four possible targets, and three of those returned solid intraday upswings. It was a pretty good way to kick off the week, and was done in spite of being a little short on top name earnings reporters for the session. We’re back into some really big names today, so we shouldn’t experience any major difficulties today either.

Our winning ideas for Monday were the NVDA Weekly $725 Calls, the MNDY Weekly $215-205 Puts, and the TRMB Weekly $50 Puts. (We mistakenly assumed $5 increments on the MNDY chain, so the only existing set of contracts in our given range were the $210’s). Here were the gain opportunities that those provided for us on the day:

NVDA Weekly $725 Calls
$725
: 13.57-28.32 (+127%)
_____

MNDY Weekly $215-205 Puts
$210: 3.30-6.00 (+82%)
_____

TRMB Weekly $50 Puts
$50: .05-.10 (+100%)


Fresh Options Ideas:
ANET Weekly $260-255 Puts
WM Weekly $192.50-197.50 Calls
DDOG Weekly $131-128 Puts
LSCC weekly $65 Puts
CDNS Weekly $285-280 Puts



Beamr Imaging Ltd. (NASDAQ:BMR) – Recap: 

We also observed an amazing showing by BMR, a stock that appeared in yesterday morning’s extended watchlist. From a daily low of 6.04 it went on to trade for as much as 34.94 a share, which worked out to an intraday rip of 478% which is highly remarkable for a stock in that price range on the upper exchanges. It was the top gainer of the day for the whole NASDAQ.


Extended Watchlist:
VCIG, OMH, ARBB, BDRX, WBUY, BGLC, FAMI, CHSN, NVTA, TSPH, OPTI, AABB