Friday’s Big Runners:
Leading into Friday morning’s premarket report, we had already had one heck of a with respect to our daily options ideas. We closed things out on Friday with three ideas for the session, and once again we were met with good fortune in everything we put on our radar.
The targets we offered up for potential trades were the SPY 08/12 $420-421 Calls, the ILMN Weekly $200-195 Puts and the RIVN Weekly $38.50-39.50 Calls. The markets had an extremely bullish session, so our SPY Calls were the standout gainers, but our other interests also provided some really nice multibag gain opportunities on the day:
SPY 08/12 $420-421 Calls
$420: 1.90-7.41 (+290%)
$421: 1.29-6.00 (+365%)
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ILMN Weekly $200-195 Puts
$200: .50-1.09 (+118%)
$197.50: .40-.60 (+50%)
$195: .20-.43 (+115%)
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RIVN Weekly $38.50-39.50 Calls
$38.50: .52-2.05 (+294%)
$39: .38-1.66 (+337%)
$39.50: .30-1.22 (+306%)
Fresh Options Ideas
YOU Weekly $30 Calls
WES Weekly $29-28 Puts
LI Weekly $32-31 Puts
Extended Watchlist:
CUBV, PDPG, GEGI, ELEK, HVCW, GSFI, TVPC, TISI, PSTV, UBX, VEE, HLBZ, BBBY