Friday’s Recap:
Our first report of the new year was a solid one for us. While it wasn’t perfection, with just three of the four possible targets we highlighted making positive runs, the moves they did make were very impressive. Especially in the case of the SPY, which recorded absolutely massive upswings. This is our last day without a good crop of big name earnings reporters to base our ideas on, so things should get even more exciting this week.
The runners from Friday’s report were the SPY 01/02 $684-686 Calls, the TSLA Weekly $450-455 Calls, and the TSM Weekly $310-312.50 Calls. This was the intraday activity they posted:
SPY 01/02 $684-686 Calls
$684: .02-.58 (+2800%)
$685: .01-.20 (+1900%)
$686: .01-.07 (+600%)
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TSLA Weekly $450-455 Calls
$450: 2.94-5.76 (+96%)
$452.50: 1.88-3.98 (+112%)
$455: 1.16-2.56 (+128%)
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TSM Weekly $310-312.50 Calls
$310: 2.40-11.50 (+379%)
$312.50: 1.18-9.05 (+669%)
Fresh Options Ideas:
SPY 01/05 $685-686 Calls*
A 01/16 $140 Calls
AIR 01/16 $85 Calls
*Only experienced options traders should attempt to trade contracts on their expiration day
Extended Watchlist:
MNTS, MOBX, GHRS, MKDW, SOWG, VRME, DVLT, JCSE, SIDU, CNTX