Deere & Co. DE
We had a pair of options ideas set for the Deere chain in Friday’s premarket report, and despite the markets getting rocked, they managed some fantastic multi-bag gains for ourselves and our readers.
The targets were the Deere & Co. DE Weekly $175-177.50 Calls, and both contract sets recorded stupendous gains as the stock bucked the overall trend of the day.
DE Weekly $175-177.50 Calls
$175: 2.27-7.00 (+208%)
$177.50: .99-4.57 (+362%)
Fresh Options Ideas
The markets appear to be headed for another difficult session due to continued coronavirus fears among other things, so our fresh options ideas today will be bearish, with the exception of SON, which is exhibiting a good technical setup to put it on longer term watch for a possible rebound in the weeks and months ahead.
INTU Weekly $290-287.50 Puts
PANW Weekly $240-235 Puts
SON 04/17 $55-60 Calls
IQST, HDII, FNHI, SPOM, SESI, TOCA, NVNT