Options Roundup:
Once again, in yesterday morning’s premarket report we very typically offered up a trio of fresh options plays, and, also typically, all three got sent for a ride on the day. Our regular readers know very well that we pride ourselves on our consistency. we do the same things each and every day because they work for us with such regularity.
Our specific targets for the session were the KR Weekly $49.50-52 Calls, the SPLK Weekly $114-116 Calls, and the BBY Weekly $106-108 Calls. and they all produced good intraday movement for us, registering the following moves and total possible gains for the session:
KR Weekly $49.50-52 Calls
$49.50: 2.75-5.86 (+113%)
$50: 2.19-5.50 (+151%)
$51: 1.47-4.50 (+206%)
$52: .92-3.56 (+287%)
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SPLK Weekly $114-116 Calls
$114: 6.77-12.20 (+80%)
$115: 5.66-11.65 (+106%)
$116: 5.13-10.40 (+103%)
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BBY Weekly $106-108 Calls
$106: 2.50-7.20 (+188%)
$107: 2.02-6.13 (+203%)
$108: 1.74-5.65 (+225%)
Fresh Options Ideas:
AVGO Weekly $585-$595 Calls*
GPS Weekly $14.50-15.50 Calls*
ABNB 04/01 $160-165 Calls
*Please use caution when trading options on their day of expiration. It should only be attempted by experienced traders with access to disposable funds!
Extended Watchlist:
STAB, VEON, EJH, HMBL, DPLS, CYBL, AXAS, PSWW, FOMC, DUTV