Monday’s Movers, Trio of Fresh Ideas

Solid Start to the Week:

Our streak of options trading fortune was not interrupted yesterday, with all three of our fresh ideas to kick off the trading week recording positive intraday movement. It carried over from our success last week, as Monday went down in the books as our fifth consecutive session without missing on a single target.

Our fresh plays for yesterday’s report were the ON Weekly $74-76 Calls, the CHKP 05/19 $125-120 Puts, and the ENPH 06/02 $170-175 Calls, and the potential gains they afforded traders were quite respectable. Here’s the breakdown of their daily ranges and the total possible profits that were available:

ON Weekly $74-76 Calls
$74:
 2.05-5.05 (+146%)
$75: 1.76-4.40 (+150%)
$76: 1.29-3.42 (+165%)
______

CHKP 05/19 $125-120 Puts
$125:
 2.65-7.10 (+168%)
$120: .1.25-2.40 (+92%)
_____

ENPH 06/02 $170-175 Calls
$170:
 6.29-9.00 (+43%)
$175: 4.84-5.19 (+7%)


Fresh Options Ideas: 
HSBC Weekly $37-38 Calls
UBER Weekly $34.50-36 Calls
NXPI Weekly $175-180 Calls


Extended Watchlist:
HOUR, HUIZ, TIRX, LEJU, WAFU, LILM, LXEH, QH