Options Review, 3 Possible Plays for Tuesday

Recapping Monday’s Moves:

We were off to a decent start of the week yesterday, despite having no interesting earnings reporters to fuel the ideas in our premarket report for the day. We rounded up three targets, and saw opportunities early on in the session in each one. We’re looking at a similar situation today with just a pair of notable earnings reporters.

As for yesterday’s ideas, here’s how the SPY 03/31 $551-549 Puts, the NVDA Weekly $107-106 Puts, and the TSLA Weekly $252.50-250 Puts fared:

SPY 03/31 $551-549 Puts
$551:
.60-1.25 (+108%)
$549: .42-.90 (+114%)
_____

NVDA Weekly $107-106 Puts
$107: 3.45-4.82 (+40%)
$106: 2.98-4.20 (+41%)
_____

TSLA Weekly $252.50-250 Puts
$252.50: 12.11-15.63 (+29%)
$250: 10.85-14.21 (+31%)


Fresh Options Ideas:
PVH 04/17 $75 Calls
PRGS 04/17 $55-57.50 Calls
TSLA Weekly $260-262.50 Calls



iCoreConnect, Inc. (NASDAQ:ICCT) – Recap:

We had an interest play jump off of yesterday’s extended watchlist in ICCT, which ended up being one of the NASDAQ’s top gainers for the session. The stock saw a low of .576 yesterday and has changed hands for as much as 3.54 here in the premarket today. That’s an overnight rise of 514%


Extended Watchlist:
BIAF, RSLS, ICCT, MLGO, CMPX, MVST, SBET

11-Week Run Sealed, 3 Fresh Ideas

Reviewing Friday’s Runners:

We left things off on Friday with four possible plays in our premarket report for the day and ended the week on a high note. Once again, we saw notable intraday upswings in everything we had watchlisted, and extended our streak without a miss to an incredible ELEVEN weeks. We had been thrilled just to hit the one month mark, but now closing in on an entire quarter without a slip-up is just amazing, especially considering recent market conditions.

Friday’s highlighted ideas were the SPY 03/28 $567-566 Puts, the AVGO 04/17 $175 Calls, the LULU Weekly $310-302.50 Puts, and the BRZE 04/17 $42.50 Calls. These were the best moves each one produced on the day:

SPY 03/28 $567-566 Puts
$567:
2.46-12.35 (+402%)
$566: 2.00-11.21 (+460%)
_____

AVGO 04/17 $175 Calls
$175:
1.66-2.33 (+40%)
_____

LULU Weekly $310-302.50 Puts
$310:
8.79-22.14 (+152%)
$307.50: 6.99-19.77 (+183%)
$305: 5.30-17.23 (+225%)
$302.50: 4.36-14.78 (+239%)
_____

BRZE 04/17 $42.50 Calls
$42.50: .48-.64 (+33%)


Fresh Options Ideas: 
SPY 03/31 $551-549 Puts*
NVDA Weekly $107-106 Puts
TSLA Weekly $252.50-250 Puts

*Trading options contracts on their day of expiration should only be attempted by experienced traders


Extended Watchlist:
WOLF, DOMH, CDT, TSLQ, MLGO, ICCT, TGL, CTOR, NWTG, QSG, MIGI

Thursday’s Runners, 4 New Potential Targets

Options Review:

We didn’t see anything too crazy yesterday in the way of huge gain chances like we did in the previous session, but we still managed to root out a trio of potential plays for our premarket report that logged some level of upswing on the day.

Our watchlist contained the SNX 04/17 $110-105 Puts, the VRNT 04/17 $20 Puts, and the JEF 04/17 $57.50-55 Puts. We typically like to look for weekly contracts that expire on Friday, but occasionally we’ll have to highlight longer-term plays, which we can also continue to track past their initial moves. For yesterday’s list, here were those initial moves:

SNX 04/17 $110-105 Puts
$110:
6.80-10.20 (+50%)
$105: 1.99-2.21 (+11%)
_____

VRNT 04/17 $20 Puts
$20: 1.00-1.95 (+95%)
_____

JEF 04/17 $57.50-55 Puts
$57.50: 2.30-3.40 (+48%)
$55: 1.25-2.70 (+116%)


Fresh Options Ideas: 
SPY 03/28 $567-566 Puts*
AVGO 04/17 $175 Calls
LULU Weekly $ 310-302.50 Puts*
BRZE 04/17 $42.50 Calls

*Trading options contracts on their day of expiration should only be attempted by experienced traders


Extended Watchlist:
LXRX, TWG, RNAZ, PRTG, WIMI, DBVT, MLGO, NVNI

Wednesday’s Big Wins, 3-Pack of New Ideas

Wednesday’s Big Gainers:

Despite the markets taking a nosedive yesterday, all four of the bullish options trading ideas we hashed out for our premarket report produced big moves on the day. It added another day to our immense streak of winning ideas, with our earnings reporters all bucking the trend at some point.

We had the GME Weekly $28-29 Calls, the DLTR Weekly $69-70 Calls, the CHWY Weekly $34.50-35.50 Calls and the CTAS Weekly $200-202.50 Calls on watch, and they came up with the following ranges and total possible gains on the session:

GME Weekly $28-29 Calls
$28:
.70-2.10 (+200%)
$28.50: .57-1.75 (+207%)
$29: .45-1.47 (+227%)
_____

DLTR Weekly $69-70 Calls
$69:
.54-4.75 (+780%)
$70: .35-4.00 (+1042%)
_____

CHWY Weekly $34.50-35.50 Calls
$34.50: .15-.74 (+393%)
$35: .05-.51 (+920%)
$35.50:.04-.34 (+750%)
_____

CTAS Weekly $200-202.50 Calls
$200:
6.20-12.55 (+102%)
$202.50: 4.30-10.00 (+133%)


Fresh Options Ideas: 
SNX 04/17 $110-105 Puts
VRNT 04/17 $20 Puts
JEF 04/17 $57.50-55 Puts


Extended Watchlist:
LYT, DMN, OCEA, GTEC, TDTH, ASST, VVPR, PSTV, RGLS, WKSP

Tuesday’s Big Runners, 4 Potential Targets

Top-Shelf Tuesday:

The eleventh week of our lossless streak remained alive and well yesterday. We included a selection of four possible options targets in our premarket report and each one registered notable upswings for the session. We don’t know when our luck will go dry on this amazing run, we’re just going to continue doing our best to point out plays that have a good chance to make positive moves.

Yesterday’s movers were the OKLO Weekly $30-29 Puts, the SPY 03/25 $575-576 Calls, the TSLA Weekly $280-285 Calls, and the WYNN Weekly $85-86 Calls. The intraday rips they managed ranged from moderately good to sheer excellence.

OKLO Weekly $30-29 Puts
$30:
1.30-2.70 (+108%)
$29.50: 1.10-2.25 (+1043%)
$29: .85-2.00 (+135%)
_____

SPY 03/25 $575-576 Calls
$575: .07-1.33 (+1800%)
$576: .01-.15 (+1400%)
_____

TSLA Weekly $280-285 Calls
$280:
4.53-12.39 (+175%)
$282.50: 3.80-10.77 (+183%)
$285: 3.15-9.30 (+195%)
_____

WYNN Weekly $85-86 Calls

$85: 2.03-4.00 (+97%)
$86: 1.80-3.15 (+75%)


Fresh Options Ideas: 
GME Weekly $28-29 Calls
DLTR Weekly $69-70 Calls
CHWY Weekly $34.50-35.50 Calls
CTAS Weekly $200-202.50 Calls


Extended Watchlist:
PTPI, OCEA, OSRH, THTX, LPTX, BLNE, SURG

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