Thursday Recap:
We had something of a rough outing on Thursday as the post-holiday hangover continues. We had four possible plays lined up in our premarket report and saw appreciable upswings in just two of them. Although stocks currently appear on track to close out the first week of the new year with losses, we’re quite optimistic that a turnaround will begin to materialize. We should be back in business next week as earnings reporters crop up to add interest, and traders continue to shake off the cobwebs.
Yesterday’s green plays were the NVDA Weekly $135-136 Calls, and the JNJ Weekly $145 Calls, and these were the intraday runs they registered in the first session of 2025:
NVDA Weekly $135-136 Calls
$135: 1.60-4.24 (+165%)
$136: 1.88-3.16 (+68%)
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JNJ Weekly $145 Calls
$230: .20-.33 (+65%)
Fresh Options Ideas:
SPY 01/03 $585-586 Calls*
SQ Weekly $88-89 Calls*
CRNC 01/17 $10 Calls
*Trading options contracts on their day of expiration should only be attempted by experienced traders
Extended Watchlist:
TGL, NITO, MFI, MGOL, ONCO, QSI, FCUV, ONDS