Thursday’s Runners:
We were hauling a pretty light load yesterday in terms of the daily options ideas included in our premarket report for Thursday. We signaled interest in tracking just a pair of potential plays, and good results were returned in each case.
Our targets for the day were the LEVI Weekly $19 Puts, and the STZ Weekly $255-250 Puts, and they did quite well. Especially in the case of the STZ $250 Puts, which rattled off an incredible intraday run that amounted to an eleven-bagger!
LEVI Weekly $19 Puts
$19: .15-.50 (+233%)
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STZ Weekly $255-250 Puts
$255: 1.61-10.24 (+536%)
$252.50: 1.41-9.00 (+538%)
$250: .51-6.22 (+1120%)
Fresh Options Ideas:
SPY 10/04 $570-$572 Calls*
APOG 10/18 $75 Calls
BABA Weekly $116-117 Calls*
PDD Weekly $155-157.50 Calls*
*Only experienced traders should attempt to trade contracts on their day of expiration
Extended Watchlist:
NCNC, VEV, BENF, PEV, JBDI, ADTX