Month: September 2024

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%)
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NVDA Weekly $106-107 Calls
$106: 2.00-3.50 (+75%)
$107: 1.60-2.90 (+81%)
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SPY 09/10 $546-547 Calls
$546: 3.47-6.11 (+76%)
$547: 3.04-5.44 (+79%)
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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

Monday’s Movers, 4 New Potential Targets

Good Beginning to the Trading Week:

We put our best foot forward yesterday despite having no big time earnings reports off of which to base the ideas in our premarket report. We still managed to unearth some solid movers, and the rest of the week should look pretty good in terms of the earnings reports coming up.

Yesterday’s chosen plays were the TSLA Weekly $212.50-217.50 Calls, the NVDA Weekly $102-103 Calls, and the SMMT 09/20 $14-16 Calls, and we got the following intraday pushes from each of them:

TSLA Weekly $212.50-217.50 Calls
$212.50: 6.86-9.20 (+34%)
$215: 5.45-7.50 (+38%)
$217.50: 4.29-6.05 (+41%)
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NVDA Weekly $102-103 Calls
$102: 4.00-5.63 (+41%)
$103: 3.40-4.90 (+44%)
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SMMT 09/20 $14-16 Calls
$14: 2.65-7.40 (+179%)
$15: 1.61-6.30 (+291%)
$16: 1.00-5.60 (+460%)

Fresh Options Ideas:
TSLA Weekly 217.50-220 Calls
NVDA Weekly $106-107 Calls
SPY 09/10 $546-547 Calls*
ORCL Weekly $150-152.50 Calls

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

Extended Watchlist:

Friday Recap, Trio of New Ideas

Recap of Friday’s Session:

We wrapped up another clean sheet for the week on Friday, seeing some type of upward movement for all the potential plays in our premarket report. Some picks fared better than others, but all in all, it was a pretty positive session. We’ll have a challenge on our hands getting things going today with no earnings reporters to base our ideas on, but we should be able to manage just fine.

For Friday’s slate, we were looking at the GWRE 09/20 $155-160 Calls, the AVGO Weekly $144-142 Puts, the SPY 09/06 $549 Calls, and the TSLA Weekly $230-235 Calls. This is the breakdown of each target’s biggest upswings of the day:

GWRE 09/20 $155-160 Calls
$155: 7.08-8.60 (+21%)
$160: 4.00-5.00 (+25%)
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AVGO Weekly $144-142 Puts
$144: 2.40-7.55 (+214%)
$143: 1.61-6.36 (+295%)
$142: 1.15-5.40 (+369%)
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SPY 09/06 $549 Calls
$549: .15-.57 (+280%)
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TSLA Weekly $230-235 Calls
$230: .62-.98 (+58%)
$232.50: .35-.58 (+66%)
$235: .60-.98 (+63%)

Fresh Options Ideas:
TSLA Weekly $212.50-217.50 Calls
NVDA Weekly $102-103 Calls
SMMT 09/20 $14-16 Calls

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

Extended Watchlist:
TNXP, INBS, BLMZ, IVP, SINT, TERN, WKHS