Wrapping Up a Solid Options Trading Week

Options Recap 

We presented some bearish options ideas in our premarket report from yesterday morning and thanks to a midday selloff for the markets as a whole, we were able to observe some very nice intraday gain opportunities.

SPDR S&P500 (ETF) SPY Weekly $309.50-308.50 Puts
$309.50 Puts
 – Range: .75-1.72 – Max Gain: 129%
$309 Puts – Range: .54-1.33 – Max Gain: 146%
$308.50 Puts – Range: .38-1.21 – Max Gain: 218%
____

Canopy Growth Corp. CGC $18.50-17 Puts
$18.50 Puts – Range: 2.26-3.30 – Max Gain: 46%
$18 Puts – Range: 1.58-2.80 – Max Gain: 77%
$17.50 Puts – Range: 1.10-2.34 – Max Gain: 113%
$17 Puts – Range: .87-1.87 – Max Gain: 115%
____

Fresh Idea:
JD Weekly $34.50-35.50 Calls 


Extended Watchlist:
MDR, FTCH, AMAT, CGIX, SQM, JCP, GRUB, SCON

Comments are closed.