Options Review
In yesterday morning’s premarket report, we signaled our interest in tracking a pair of options ideas following earnings reports from BSX and CAT, going bullish on one and bearish on the other.
We couldn’t have called them any better, as both sets of ideas returned numerous multi-bag runs on the day, with the following potential profits on the table:
BSX Weekly $38.50-40.50 Calls
$38.50 Calls – Range: 1.38-2.21 – Max Gain: 60%
$39 Calls – Range: .99-1.80 – Max Gain: 82%
$39.50 Calls – Range: .57-1.33 – Max Gain: 133%
$40 Calls – Range: .31-.91 – Max Gain: 194%
$40.50 Calls – Range: .18-.46 – Max Gain: 156%
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CAT Weekly $134-131 Puts
$134 Puts – Range: 1.13-3.70 – Max Gain: 227%
$133 Puts – Range: .85-3.10 – Max Gain: 265%
$132 Puts – Range: .60-2.55 – Max Gain: 325%
$131 Puts – Range: .48-2.10 – Max Gain: 338%
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Fresh Options Ideas:
AZN Weekly $46-47 Calls
PYPL Weekly $104-105 Calls
MSFT Weekly $138-139 Calls
Extended Watchlist:
BAS, SDC, WTER, TTNP, OGEN, EROS, HEPA, BLGI