Friday’s Finishers:
We finished off the trading week on Friday in good fashion, offering up four possible options plays in our premarket report for the day. Everything in those ranges turned in solid performances for the session, and secured the first week of our new win streak, after having come off of an amazing 13-week run prior to that.
Friday’s movers were the SHEL Weekly $66-67 Calls, the AAPL Weekly $210-207.50 Puts, the XOM Weekly $105-106 Calls, and the SPY 05/02 $562-564 Calls. These were the sorts of gains that were possible with those plays:
SHEL Weekly $66-67 Calls
$66: .35-.92 (+163%)
$67: .05-.15 (+200%)
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AAPL Weekly $210-207.50 Puts
$210: 3.34-6.27 (+88%)
$207.50: 1.47-3.75 (+155%)
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XOM Weekly $105-106 Calls
$105: .34-1.59 (+367%)
$106: .08-.80 (+900%)
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SPY 05/02 $562-564 Calls
$562: 2.39-6.40 (+168%)
$563: 1.83-5.39 (+194%)
$564: 1.39-4.40 (+217%)
Fresh Options Ideas:
ON Weekly $42.50-43 Calls
SPY 05/05 $564-563 Puts*
TSN 05/16 $60-57.50 Puts
*Trading options contracts on their day of expiration should only be attempted by experienced traders
Extended Watchlist:
CNEY, FRGT, PLRZ, BTOG, KIDZ, SPHL, STIL, ADIL, SOPA, RSLS