A Good Start to the Week:
Tuesday turned out to be another excellent session for us and the daily options plays we hashed out for yesterday our premarket report. We had come up with four potential trading ideas, all to the short side, and were pretty well pleased with the performance of each of those sets of targets.
We were looking at the AMD Weekly $165-162.50 Puts, the GME Weekly $29.50-28.50 Puts, the DELL Weekly $130-128 Puts, and the NVDA Weekly $121-120 Puts. They produced these intraday upswings and total possible gains on the session:
AMD Weekly $165-162.50 Puts
$165: 3.25-6.75 (+108%)
$162.50: 2.22-5.05 (+127%)
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GME Weekly $29.50-28.50 Puts
$29.50: 4.85-7.75 (+60%)
$29: 4.45-7.50 (+68%)
$28.50: 3.95-7.35 (+86%)
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DELL Weekly $130-128 Puts
$130: .75-1.50 (+100%)
$129: .55-1.15 (+109%)
$128: .45-.77 (+71%)
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NVDA Weekly $121-120 Puts
$121: 1.68-2.71 (+61%)
$120.50: 1.50-2.45 (+63%)
$120: 1.32-2.21 (+67%)
Fresh Options Ideas:
ASO Weekly $51-49 Puts
CRM Weekly $242.50-245 Calls
SNOW 06/28 $133-135 Calls
Extended Watchlist:
KITT, KXIN, XYN, PIXY, KWE, QSG, AKAN, ETCC