Tuesday Review:
While we wouldn’t exactly call yesterday’s a session a rousing success, we did signal three sets of options ideas in yesterday morning’s premarket report.and all three did manage to register significant intraday upswings. They just weren’t all the major multibag runners that we’re always aiming for, and are very accustomed to finding on a routine basis. Still, it was a board sweep and some fairly good results, so we have no complaints.
Our daily offerings were the SPY 08/27 $560 Puts, the NVDA Weekly $125 Calls, and the TCOM 09/20 $45-50 Calls. These were the biggest runs they posted for Tuesday:
SPY 08/27 $560 Puts
$560: .29-1.06 (+265%)
NVDA Weekly $125 Calls
$125: 6.40-9.05 (+41%)
TCOM 09/20 $45-50 Calls
$45: 1.70-2.45 (+44%)
$50: .30-.55 (+83%)
Fresh Options Ideas:
AMBA Weekly $62-64 Calls
BOX Weekly $30-31 Calls
CHWY Weekly $26-27 Calls
ANF Weekly $150-148 Puts
*Only experienced traders should attempt to trade contracts on their day of expiration
Extended Watchlist:
TANH, ENSC, TRIB, SMFL, SOFA, ADXN, ELTP, HIRU, NBRI, ABQQ