Another Clean Sweep on Options:
Looking back on our performance from this week, it’s tough to imagine doing any better than we have with our daily options plays. The ones we included in yesterday morning’s premarket report fared quite well, and sent us into the end of another excellent week with barely a blemish on our record. We offered up five possibilities for our readers, and all five produced significant positive intraday movement.
Those were the NVDA Weekly $497.50-502.50 Calls, the SNOW Weekly $157.50-160 Calls, the SPLK Weekly $111-113 Calls, the ADSK Weekly $215-220 Calls, and the SPY 08/24 $443-444 Calls. As usual, here we have the rundown of their performance on the session:
NVDA Weekly $497.50-502.50 Calls
$497.50: 1.35-3.74 (+177%)
$500: .95-3.05 (+221%)
$502.50: .72-2.41 (+235%)
SNOW Weekly $157.50-160 Calls
$157.50: .20-.53 (+165%)
$160: .145-.24 (+66%)
SPLK Weekly $111-113 Calls
$111: 2.59-3.85 (+49%)
$112: 1.84-3.30 (+79%)
$113: 1.30-2.60 (+100%)
ADSK Weekly $215-220 Calls
$215: .49-1.20 (+145%)
$217.50: .24-.60 (+150%)
$220: .11-.27 (+145%)
SPY 08/24 $443-444 Calls
$443: 1.49-2.51 (+68%)
$444: .90-1.80 (+100%)
Fresh Options Ideas:
ULTA Weekly $425-427.50 Calls*
AFRM Weekly $14-15 Calls*
HIBB 09/15 $40 Calls
*Trading contracts on their day of expiration should only be attempted by experienced traders