Month: August 2023

Winning Options Plays, Fresh Ideas

Recapping Winning Options Targets:  

Wednesday proved to be another chance-filled session for us, with four out of the five options ideas we put forth in our premarket report registering significant intraday performances, thus providing our readers with ample opportunities to bag quick profits. We have yet to have a truly bad day for options plays this year, and we just continue to keep that trend rolling by any and all means.

Yesterday’s movers and shakers were the HPQ Weekly $29.50-28.50 Puts, the BOX Weekly $29-28 Puts, the AMBA Weekly $61-59 Puts, and the MCFT 09/15 $20 Puts, and here is the breakdown of the kinds of gains they afforded daytraders for the session:

HPQ Weekly $29.50-28.50 Puts
$29.50: .81-1.59 (+96%)
$29: .22-1.20  (+445%)
$28.50: .28-.82 (+193%)
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BOX Weekly $29-28 Puts
$29: 1.00-2.03 (+103%)
$28: .40-1.23 (+207%)
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AMBA Weekly $61-59 Puts
$61: .55-1.26 (+129%)
$60: .35-.79 (+196%)
$59: .15-.44 (+123%)
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MCFT 09/15 $20 Puts
$20: .35-.55 (+57%)

Fresh Options Ideas:
CRM Weekly $225-230 Calls
CRWD Weekly $150-152.50 Calls
OKTA Weekly $80-82 Calls
CIEN 09/15 $45-50 Calls
SPY 08/31 $451-452 Calls

Extended Watchlist:
NCNC, TIO, ICCT, ACER, SATX, ALLR, BETR, SMX, GNS

Massive Wins Yesterday, 5 New Possibilities

Huge Sweep on Options Plays:  

We approached yesterday’s earnings dump boldly, with our premarket report for the day containing a menu of five options daytrading possibilities. All but one were bullish ideas, and the markets helped us along as stocks in general surged essentially all day. Despite that, even our one set of bearish targets saw some reasonable intraday moves. All in all, it was another hugely positive session for our daily interests.

Our highlighted plays Tuesday were the PDD Weekly $89-91 Calls, the BBY Weekly $75-77 Calls, the SJM 09/15 $145-150 Calls, the CTLT 09/15 $47.50-50 Calls, and the HEI 09/15 $160-155 Puts. The massive intraday runs and potential gain chances we saw were as follows:

PDD Weekly $89-91 Calls
$89: 2.96-7.47 (+152%)
$90: 2.00-6.65 (+232%)
$91: 1.74-5.90 (+239%)
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BBY Weekly $75-77 Calls
$75: 1.22-3.80 (+211%)
$76: .82-3.00 (+266%)
$77: .33-2.13 (+545%)
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SJM 09/15 $145-150 Calls
$145: 1.75-4.00 (+129%)
$150: .25-.70 (+180%)
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CTLT 09/15 $47.50-50 Calls
$47.50: 1.35-3.15 (+133%)
$50: .65-1.95 (+200%)
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HEI 09/15 $160-155 Puts
$160: 2.60-4.23 (+63%)
$155: 1.50-2.45 (+63%)

Fresh Options Ideas:

We’re flipping the script from yesterday and presenting  four bearish possibilities and one bull. In this case the puts were all earnings reporters today, while we noticed FWRD on the Form-4 and like the current setup of the chart.

HPQ Weekly $29.50-28.50 Puts
BOX Weekly $29-28 Puts
AMBA Weekly $61-59 Puts
MCFT 09/15 $20 Puts
FWRD 09/15 $75-80 Calls

Extended Watchlist:
AGIL, ARAV, TCJH, DBGI, NAOV, DRMA, TIO, GSAT

Solid Start to the Week, Loads of Fresh Ideas

Monday’s Movers:  

As we cautioned in yesterday’s report, we were without a slate of earnings reporters to base our ideas off of yesterday, so we simply went with a couple of old familiar targets, and we ended up faring pretty well with those plays. Thankfully, we aren’t in the same boat today, with plenty of earnings hitting the wire between yesterday’s close and today’s open.

In the meantime, here are the figures from our ideas yesterday, which were the TSLA Weekly $240-245 Calls, and the SPY 08/28 $440-442 Calls. They posted the following profit potential for yesterday’s session, and as you can see, those SPY Calls were the real stars of the day:

TSLA Weekly $240-245 Calls
$240: 3.20-4.85 (+52%)
$242.50: 2.45-3.72 (+52%)
$245: 1.83-2.83 (+55%)

SPY 08/28 $440-442 Calls
$440: 1.15-3.28(+185%)
$441: .54-2.36 (+337%)
$442: .16-1.39 (+769%)

Fresh Options Ideas:
PDD Weekly $89-91 Calls
BBY Weekly $75-77 Calls
SJM 09/15 $145-150 Calls
CTLT 09/15 $47.50-50 Calls
HEI 09/15 $160-155 Puts

Extended Watchlist:
AXLA, TIVC, SISI, NCNC, ICCT, GSAT, CACO