Recap of Friday’s Session:
We wrapped up another clean sheet for the week on Friday, seeing some type of upward movement for all the potential plays in our premarket report. Some picks fared better than others, but all in all, it was a pretty positive session. We’ll have a challenge on our hands getting things going today with no earnings reporters to base our ideas on, but we should be able to manage just fine.
For Friday’s slate, we were looking at the GWRE 09/20 $155-160 Calls, the AVGO Weekly $144-142 Puts, the SPY 09/06 $549 Calls, and the TSLA Weekly $230-235 Calls. This is the breakdown of each target’s biggest upswings of the day:
GWRE 09/20 $155-160 Calls
$155: 7.08-8.60 (+21%)
$160: 4.00-5.00 (+25%)
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AVGO Weekly $144-142 Puts
$144: 2.40-7.55 (+214%)
$143: 1.61-6.36 (+295%)
$142: 1.15-5.40 (+369%)
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SPY 09/06 $549 Calls
$549: .15-.57 (+280%)
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TSLA Weekly $230-235 Calls
$230: .62-.98 (+58%)
$232.50: .35-.58 (+66%)
$235: .60-.98 (+63%)
Fresh Options Ideas:
TSLA Weekly $212.50-217.50 Calls
NVDA Weekly $102-103 Calls
SMMT 09/20 $14-16 Calls
*Only experienced traders should attempt to trade contracts on their day of expiration
Extended Watchlist:
TNXP, INBS, BLMZ, IVP, SINT, TERN, WKHS