Friday’s Activity:
We finished out the trading week on Friday in pretty good fashion. After signaling interest in four possible plays in our premarket report, we saw excellent multibag moves out of three. Not a perfect run, but the winners we did select did put up some really good gain opportunities.
Those were the SPY 10/16 $772-773 Calls, the JBHT Weekly $230 Puts, and the AA Weekly $40.50-41 Calls, and the moves the recorded were as follows:
SPY 10/16 $772-773 Calls
$772: .58-1.39 (+140%)
$773: .31-.84 (+171%)
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JBHT Weekly $230 Puts
$230: .78-4.60 (+489%)
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AA Weekly $40.50-41 Calls
$40.50: 1.55-3.50 (+126%)
$41: .87-3.02 (+247%)
Fresh Options Ideas:
SPY 10/19 $766-767 Calls*
CLF Weekly $13-13.50 Calls
STLD Weekly $240 Calls
SPCX Weekly $147 Calls
*Trading options contracts on their expiration date should only be attempted by experienced traders
Extended Watchlist:
HODO, XLAB, SGRX, NBND, XALL, RUBI, MMA, ECGI, LHSW, KOAN