Big Day on Friday:
We are exceptionally pleased with the excellent performance we managed on Friday with the day’s premarket report yielding several chances for traders to bag some big profits. We lined up four potential trading targets, and all four came back with solid results for us.
We were focusing on the SPY 03/13 $667-668 Calls, the ADBE Weekly $250-247.50 Puts, the ULTA Weekly $577.50-572.50 Puts, and the MU Weekly $407.50-410 Calls. Here were the biggest intraday runs they put together for Friday’s session:
SPY 03/13 $667-668 Calls
$667: 3.64-5.94 (+63%)
$668: 3.00-5.15 (+72%)
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ADBE Weekly $250-247.50 Puts
$250: .01-1.00 (+9900%)
$247.50: .01-.08 (+900%)
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ULTA Weekly $577.50-572.50 Puts
$577.50: 8.50-34.55 (+306%)
$575: 6.49-40.10 (+518%)
$572.50: 6.53-22.95 (+251%)
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MU Weekly $407.50-410 Calls
$407.50: 8.88-21.65 (+144%)
$410: 6.61-19.40 (+193%)
Fresh Options Ideas:
DLTR Weekly $108-109 Calls
SAIC Weekly $90 Calls
WBI Weekly $25 Calls
SMTC Weekly $85 Calls
*Do not attempt to trade options contracts on the day of expiration unless you are an experienced trader
Extended Watchlist:
ULY, HCWB, CTMX, CLIK, AIRS, DSGR, NSA, CIIT, AGRZ, LIF, MVST