Options Review:
The three short-term options trading ideas that we formulated for yesterday morning’s premarket report were in the BURL, TIF, and DG chains on the heels of the three big name companies reporting their quarterly earnings figures.
In each case, we were able to witness noteworthy intraday gains, most of which did reach multibag gainer status on the day:
BURL Weekly $195-197.50 Calls
$195: 4.24-9.78 (+131%)
$197.50: 3.00-6.50 (+117%)
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TIF Weekly $122-123 Calls
$122: .82-1.94 (+137%)
$123: .80-1.40 (+75%)
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DG Weekly $205 Calls
$205: .50-1.75 (+250%)
These successful picks mark the continuation of what has been a very productive month of August for us. The vast majority of the ideas we have put forth have subsequently recorded multibag jumps.
Fresh Options Ideas:
DELL Weekly $62.50-65 Calls
WDAY Weekly $235-245 Calls
ULTA Weekly $245-260 Calls
Extended Watchlist:
NOVN, VSTM, BRTXQ, AXXA, CMGO, TLSS, BBRW, DLOC