Month: September 2024

Big Moves Recap, 3 Ideas to Close Out the Week

A Thunderous Thursday:

We kept our hopes for another perfect week alive with yesterday’s premarket report which contained four possibilities for trades that all worked out rather well. There were more multi-bag runners than anything else, just how we like it. We’ll make every effort to try to finish out the week with another good slate of potential ideas today.

As for Thursday’s winning roundup, we had the CAL Weekly $30 Puts, the SIG Weekly $88-90 Calls, the SPY 09/12 $554-555 Calls, and the AIG 10/04 $72-73 Calls on the radar, and here were their best runs of the session:

CAL Weekly $30 Puts
$30: .15-1.25 (+733%)
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SIG Weekly $88-90 Calls
$88: 1.80-3.33 (+85%)
$89: 1.72-4.22 (+145%)
$90: 1.00-3.54 (+254%)
_____

SPY 09/12 $554-555 Calls
$554: 1.57-5.41 (+245%)
$555: 1.08-4.48 (+315%)
_____

AIG 10/04 $72-73 Calls
$72: .42-.75 (+79%)
$73: .23-.45 (+96%)

Fresh Options Ideas:
SPY 09/13 $559-560 Calls*
AVGO Weekly $165-167.50 Calls*
ADBE Weekly $535-530 Puts*

*Only experienced traders should attempt to trade contracts on their day of expiration

Extended Watchlist:
XXII, IMRX, VNAR, TNON, WINT, SMX, CIVX, LTNC

Wednesday’s Winners, 4 Fresh Targets

Reviewing Wednesday’s Activity:

Our weekly win streak remained intact on Wednesday, with our premarket report containing three possible interests, and all three recording positive moves on the day. In addition to the figures they put up, we continued to see increases to the longer-term SMMT calls we flagged on Monday morning.

So below we’ve got yesterday’s potential plays, the PLAY Weekly $33 Calls, the GME Weekly $21-20 Puts, and the MTDR 10/18 $50 Calls, and following that we have the overall increase through yesterday that we’ve observed in the SMMT 09/20 $14-16 Calls since signaling them on Monday:

PLAY Weekly $33 Calls
$33: .18-.50 (+178%)
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GME Weekly $21-20 Puts
$21: .66-1.83 (+177%)
$20.50: .45-1.47 (+227%)
$20: .25-1.05 (+320%)
_____

MTDR 10/18 $50 Calls
$50: 1.95-2.20 (+13%)
_____

SMMT 09/20 $14-16 Calls
$14: 2.65-10.00 (+277%)
$15: 1.61-8.70 (+440%)
$16: 1.00-7.70 (+670%)

Fresh Options Ideas:
CAL Weekly $30 Puts
SIG Weekly $88-90 Calls
SPY 09/12 $554-555 Calls*
AIG 10/04 $72-73 Calls 

*Only experienced traders should attempt to trade contracts on their day of expiration

Extended Watchlist:
PEGY, SMFL, NITO, MNPR, TNON, OBLG, GRRR

Reviewing Options Runners, 3 New Ideas

Top Shelf Tuesday:

Things turned out quite well for us yesterday, as we continued our win streak with all four of the potential options trading ideas that were included in our premarket report for Tuesday’s session producing good intraday moves. We have definitely hit another lull in earnings, and continue to make it work with whatever good potential opportunities have presented themselves.

Yesterday’s chances were the TSLA Weekly $217.50-220 Calls, the NVDA Weekly $106-107 Calls, the SPY 09/10 $546-547 Calls, and the ORCL Weekly $150-152.50 Calls. This is how their intraday activity panned out:

TSLA Weekly $217.50-220 Calls
$217.50: 5.63-10.55 (+87%)
$220: 4.35-8.64 (+99%)
_____

NVDA Weekly $106-107 Calls
$106: 2.00-3.50 (+75%)
$107: 1.60-2.90 (+81%)
_____

SPY 09/10 $546-547 Calls
$546: 3.47-6.11 (+76%)
$547: 3.04-5.44 (+79%)
_____

ORCL Weekly $150-152.50 Calls
$150: 4.12-10.58 (+157%)
$152.50: 3.34-8.41 (+152%)

Fresh Options Ideas:
PLAY Weekly $33 Calls
GME Weekly $21-20 Puts
MTDR 10/18 $50 Calls

*Only experienced traders should attempt to trade contracts on their day of expiration

Extended Watchlist:
TANH, CNEY, BCTX, FTCI, QH, SXTC, BKYI