Excellent Start to the Short Week:
We got out to a pretty hot start yesterday morning on this short trading week, the first session of which presented us with some very nice intraday gain opportunities. We hashed out a trio of potential plays in our premarket report, and everything worked out quite well. All of the contract sets in our designated ranges produced respectable runs with most reaching double-bag status or better, and in the case of the SPYs, we saw some incredible moves.
Our daily targets were the NVDA Weekly $425-430 Calls, the SPOT Weekly $157.50-160 Calls, and the SPY 06/20 $437-438 Calls. The potential profits they yielded for the session were as follows:
NVDA Weekly $425-430 Calls
$425: 9.10-17.52 (+93%)
$430: 6.75-13.86 (+105%)
_____
SPOT Weekly $157.50-160 Calls
$157.50: 1.60-3.10 (+94%)
$160: .95-2.00 (+111%)
_____
SPY 06/20 $437-438 Calls
$437: .22-1.53 (+595%)
$438: .09-.76 (+744%)
Fresh Options Ideas:
FDX Weekly $230-225 Puts
WGO 07/21 $60-55 Puts
PDCO 07/21 $31-33 Calls
IHF 07/21 $245-250 Calls
Extended Watchlist:
AHI, OCEA, MULN, LMDX, GRNQ, OBTC, ETCG, GRCU, DPUI