Friday’s Big Performers:
Our first order of business on this morning is to go back over the two fresh options trading ideas that we formulated in Friday morning’s report.
We were looking out for gains in the DKNG Weekly $58-59 Calls and the ABNB Weekly $185-190 Calls, and we certainly got what we were after. In a 5 for 5 sweep, every contract set that we designated for observation posted multibag intraday runs. As far as ABNB was concerned, the potential gains on the day were absolutely enormous.
ABNB Weekly $185-190 Calls
$185: 4.60-27.42 (+496%)
$187.50: 3.25-25.15 (+673%)
$190: 2.16-23.04 (+967%)
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DKNG Weekly $58-59 Calls
$58: 1.30-4.40 (+238%)
$59: .81-3.44 (+324%)
In the case of DKNG, premarket activity suggests that further gains are forthcoming, so we’re going to want to renew our idea for this fresh trading week and begin tracking the DKNG Weekly $62-63 Calls.
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More Fresh Options Ideas:
SPY 03/01 $383-385 Calls
NRG Weekly $39-40.50 Calls
Extended Watchlist:
LTNC, IMTL, AABB, GTEH, GDET, MYDX, ICNM, GRLF, RDAR