A Winning Wednesday:
Things went quite well for us as we presented our midweek premarket report with four possible plays yesterday morning. We ended up hitting on some pretty good opportunities with those targets, which all mustered respectable intraday upticks.
We were tracking a mixed bag of bears and bulls with the NKE Weekly $84-82 Puts, the SPY 10/02 $568 Puts, the BABA Weekly $117-118 Calls, and the PDD Weekly $152.50-155 Calls. Here was each strike’s best intraday run from Wednesday’s session:
NKE Weekly $84-82 Puts
$84: .58-1.45 (+150%)
$83: .29-.83 (+186%)
$82: .12.-.43 (+258%)
_____
SPY 10/02 $568 Puts
$568: .48-1.20 (+150%)
_____
BABA Weekly $117-118 Calls
$117: 1.15-1.86 (+62%)
$118: .89-1.53 (+72%)
_____
PDD Weekly $152.50-155 Calls
$152.50: 2.45-5.09 (+108%)
$155: 1.85-3.90 (+111%)
Fresh Options Ideas:
LEVI Weekly $19 Puts
STZ Weekly $255-250 Puts
Fangdd Network Group Ltd. (NASDAQ:DUO) – Recap:
We began tracking DUO on September 26th and have actively tagging it in many of our daily extended watchlists since then. Over that short one week span, we have seen an incredible rise in DUO stock from a low of .68 on up to yesterday’s new high of 4.67. That works out to a 587% run!
Extended Watchlist:
ELAB, PEGY, MLGO, CTNT, EVGO, KXIN