Midweek Movers, 3 Fresh Options Ideas

Tuesday’s Winners:

Tuesday was another pretty good outing for us in terms of our daily options targets. We had three possible plays in our premarket report for the session, and saw solid intraday results from all three of them. As we were mentioning yesterday morning, a momentary earnings drought this midweek forced us to poke around for other good opportunities, and we managed nicely.

We had selected the PLAY Weekly $10 Puts, the MU Weekly $1100-1105 Calls, and the AMZN Weekly $247.50 Calls to put on watch, ad here were the biggest positive moves we saw out of each of those targets:

PLAY Weekly $10 Puts
$10:
 .05-.10 (+100%)
_____

MU Weekly $1100-1105 Calls
$1100:
 11.08-20.24 (+83%)
$1105: 10.33-18.55 (+80%)
_____

AMZN Weekly $247.50 Calls

$247.50: 1.20-3.20 (+167%)


Fresh Options Ideas:
LZB Weekly $40 Calls
PGR Weekly $207.50-210 Calls
KMX Weekly $52.50 Calls


Extended Watchlist:
EHGO, CLWT, ICCM, AZTR, QURE, LNAI, YMAT, BIO, FTHM, CLPT, SDOT, NIVF, CIIT, BRAI

Options Recaps, 4 New Targets

Tuesday’s Activity:

Tuesday’s session turned out to be another good one, with solid results coming from the flagged plays in our premarket report for the day. We had a slate of three potential targets, all of which recorded some measure of positive intraday movement.

Those plays were the HPE Weekly $59-60 Calls, the CRDO Weekly $222.50-220 Puts, and the DCI Weekly $80-85 Calls. These were their best runs of the session on Tuesday:

HPE Weekly $59-60 Calls
$59:
.74-1.57 (+112%)
$60: .62-1.33 (+115%)
_____

CRDO Weekly $222.50-220 Puts
$222.50: 5.57-17.14 (+208%)
$220: 4.07-16.47 (+305%)
_____
DCI Weekly $80-85 Calls
$80:
 4.38-6.00 (+37%)
$85: 2.50-3.21 (+28%)


Fresh Options Ideas: 
PANW Weekly $290-285 Puts
ULTA Weekly $485-480 Puts
GME Weekly $23 Calls
MDT Weekly $76-77 Calls


Extended Watchlist:
XOS, WCT, SELX, SDOT, HUBC, LASE, MSAI, YMAT

3 Fresh Trading Ideas to Kick off the Short Week

Friday in Review:

We finished off what was ultimately an overall positive trading week on Friday with a slate of four possible options targets in our premarket report and saw some pretty good results out of three of those potential plays.

Our movers for the session were the SPY 05/22 $744-746 Calls, the ROST Weekly $225-227.50 Calls, and the WDAY Weekly $129-130 Calls, and here are the biggest moves they exhibited on Friday:

SPY 05/22 $744-746 Calls
$744:
 2.06-4.90 (+138%)
$745: 1.52-4.00 (+163%)
$746: 1.11-3.05 (+175%)
_____

ROST Weekly $225-227.50 Calls
$225: 7.40-10.26 (+39%)
$227.50: 6.20-8.33 (+34%)
_____

WDAY Weekly $129-130 Calls
$129: .30-1.00 (+233%)
$130: .15-.55 (+267%)


Fresh Options Ideas: 
SPY 05/26 $750-751 Calls*
TSLA Weekly $427.50-430 Calls
ESLT Weekly $850 Calls

*Trading options contracts on their day of expiration should only be attempted by experienced traders


Extended Watchlist:
OTLK, UZX, NCRA, QTEX, PHGE, YMAT, ARTL, MNTS, UZX, OTLK, BRAI, NXXT, HTT

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