Midweek Movers:
We came through with a mixed bag of potential options plays in yesterday’s premarket report and met with mixed, however mainly positive results. Out of the four possible targets we highlighted, we saw good double-bag runs from three of them. Not the perfection we always strive for and usually achieve, but a solid success rate nonetheless.
The day’s winners were the FNV Weekly $230 Calls, the NXT Weekly $135-140 Calls, and the OKLO Weekly $73 Puts. The best runs they recorded for Wednesday’s session were as follows:
:
FNV Weekly $230 Calls
$230: 5.60-1.1.20 (+100%)
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NXT Weekly $135-140 Calls
$135: 6.29-13.00 (+107%)
$140: 2.13-5.32 (+150%)
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OKLO Weekly $73 Puts
$73: 2.50-5.60 (+123%)
Fresh Options Ideas:
SPY 05/14 $743-745 Calls*
CSCO Weekly $115 Calls
MFC Weekly $39 Puts
VIK Weekly $85 Calls
NVMI Weekly $500 Puts
*Trading options contracts on their day of expiration should only be attempted by experienced traders
Extended Watchlist:
SNAL, YOOV, AIIO, DXF, ALP, AEHL, LNKS, LESL, EDBL, QUCY, IPHA