Wednesday’s Winners, 6 Fresh Options Plays

Reviewing Wednesday’s Movers:

It was a good day for the options picks we highlighted in yesterday morning’s premarket report, We included three sets of weekly options, and a potential swing trade on some longer-term targets. All three of our quick-strike ideas bore immediate fruit, and posted some nice intraday runs on their respective charts.

That trio of runners was the DLTR Weekly $145-142 Puts, the TSLA Weekly $177.50-172.50 Puts, and the COIN Weekly $252.50-250 Puts. These were the performances they recorded for Wednesday’s session:

DLTR Weekly $145-142 Puts
$145
: 11.50-17.83 (+55%)
$144: 11.91-16.53 (+39%)
$143: 9.97-16.00 (+60%)
$142: 9.25-15.27 (+65%)
_____

TSLA Weekly $177.50-172.50 Puts
$177.50
: 4.00-8.75 (+119%)
$175: 2.70-6.60 (+144%)
$172.50: 1.76-4.70 (+167%)
_____

COIN Weekly $252.50-250 Puts
$252.50: 2.96-8.43 (+185%)
$250: 2.42-7.55 (+212%)


Fresh Options Ideas:
TSLA Weekly $170-167.50 Puts
WB Weekly $10 Calls
DKS Weekly $195-197.50 Calls
FUTU Weekly $62-60 Puts
PATH Weekly $25-26 Calls
SPY 03/14 $516-517 Calls*

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


Li-Cycle Holdings Corp. (NYSE:LICY) – Recap: 

We signaled interest in tracking LICY via our extended watchlist in yesterday’s report, and the stock made a really nice move on the day. It traded up from a low of .6537, and hit a daily high of .8997. That worked out to an intraday rise of 38% which is very respectable for a stock in this price range.


Extended Watchlist:
IGPK, CURO, FRST, SOUN, WIMI, CCTG, AAUD

Another Massive Options Runner & More

Continued Options Excellence:

The current earnings season has been very kind to us so far, facilitating all sorts of big time opportunities in the options plays we have targeted. Yesterday was no different, as all three of the fresh options ideas we kicked off the week with recorded notable intraday gains on the session.

We had highlighted in the SPY 11/01 $459-460 Calls, the DKNG Weekly $46-47 Calls, and the ON Weekly $50-52 Calls in our premarket report, and the kinds of figures they put up on the day were exceptional.

SPY 11/01 $459-460 Calls
$459:
 .19-1.20 (+531%)
$460: .01-.28 (+2700%)
_____

DKNG Weekly $46-47 Calls
$46: 2.13-3.60 (+69%)
$47: 1.58-2.88 (+82%)
_____

ON Weekly $50-52 Calls 
$50: 2.00-5.54 (+234%)
$51: 1.69-5.00 (+196%)
$52: 1.20-3.60 (+200%)


Another OTC Update:

We’ve also had more of our extended watchlist plays going for solid gains. It’s always important to radar not only the things we feature, but our watchlists as well. There’s almost always a hidden gem to be uncovered, like INND.

Innerscope Hearing Technologies, Inc. INND
Initial Alert: Oct 21st
Range: .0086-.0191
Gained: +122%


Fresh Options Ideas: 
PFE Weekly $43.50-45 Calls
BP Weekly $29 Puts 


Extended Watchlist:
SBEA, BAOS, NXTD, BBLG, ARTL, WIMI, SABS, FDVRF, AABB, RVVTF, HYSR, MTRT

Wrap-Up to an Awesome Trading Week

Closing Out a Solid Options Trading Week: 

It’s time to wrap up yet another trading week, and this one definitely did not disappoint. We enjoyed excellent options success all week, and found some nice plays stock side as well. Two of our three fresh options plays from yesterday’s premarket report fared extremely well, and we also have some new highs in the McDonald’s contracts we targeted on Wednesday morning.

Those specific targets from yesterday were the MRK Weekly $81-83 Calls, the MA Weekly $340-345 Calls, and Wednesday’s were the MCD Weekly $240-242.50 Calls. The total ranges and possible gains on these plays have been as follows:

MRK Weekly $81-83 Calls
$81: 2.62-5.70 (+118%)
$82: .80-4.83 (+503%)
$81.50: 1.21-4.30 (+255%)
$83: .65-3.80 (+485%)
_____

MA Weekly $340-345 Calls
$340: 2.01-4.94 (+146%)
$342.50: 1.38-3.61 (+162%)
$345: .88-2.62 (+198%)
_____

MCD Weekly $240-242.50 Calls
$240: 1.63-6.04 (+271%)
$242.50: .75-3.75 (+400%)


Fresh Options Ideas:
SKX Weekly $46-47 Calls*
XOM Weekly $63-65 Calls*
CVX Weekly $113-115 Calls*
ABBV Weekly $110-112 Calls*

*Please don’t try to trade weekly options on a Friday unless you are an experienced trader with access to disposable funds!  


Voyager Digital, Inc. VYGVF – Recap:

We tagged VYGVF in yesterday’s extended watchlist, and for a $10 stock, it certainly produced an excellent intraday performance.

It ran from 10.75-14.886 for an intraday rise of 38% and it occurred on huge volume, to the tune of nearly five times the 30-day moving average. With that kind of momentous session, we’re going to want to stay trained on this play in upcoming sessions.


Extended Watchlist:
GFAI, WIMI, BEST, ABIO, IONQ, XELA, PHIL, TGGI, UITA, TSOI