Midweek Movers, 4 Fresh Plays

Wednesday’s Winners:

We really got things on track in a big way on Wednesday after signaling interest in tracking four possible options ideas in our premarket report. We saw some really nice gains across the board, with the lowest intraday run posted by any of the observed falling just barely shy of the hundred percent mark. We’ve also got another solid slate of earnings reporters this morning, so we hope to continue our strong performance with today’s ideas as well.

Yesterday’s movers were the MDB Weekly $275-280 Calls, the OKTA Weekly $95-97 Calls, the ANF Weekly $95 Puts, and the BOX 09/19 $33-34 Calls. These were the best daily runs for each strike point:

MDB Weekly $275-280 Calls
$275:
 9.29-22.30 (+140%)
$277.50: 8.52-20.14 (+136%)
$280: 7.40-18.67 (+152%)
_____

OKTA Weekly $95-97 Calls
$95:
 1.63-3.30 (+102%)
$96: 1.30-2.74 (+111%)
$97: .99-2.09 (+111%)
_____

ANF Weekly $95 Puts
$95:
 .83-1.64 (+96%)
_____

BOX 09/19 $33-34 Calls
$33: .31-.67 (+116%)
$34: .15-.35 (+133%)


Fresh Options Ideas:
BURL Weekly $297.50-305 Calls
TCOM 09/19 $70 Calls
SNOW Weekly $225-227.50 Calls
BBY Weekly $76-77 Calls

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


Extended Watchlist:
CWD, RAYA, WAI, TELO, SOGP, AQB, LGHL

Options Results, 4 New Potential Trades

Tuesday’s Plays:

Tuesday was a better day for us than Monday, with a lot more opportunities to make a quick buck. We offered up four possibilities in our premarket report for the day, and all but one set of contracts from that group exhibited very nice intraday upswings.

As for the winners, we had targeted the SPY 08/26 $643-642 Puts, the SMTC 09/19 $50-55 Calls, and the ATAT 09/19 $35-40 Calls for observation and they returned the following results:

SPY 08/26 $643-642 Puts
$643:
 .27-.85 (+215%)
$642: .11-.38 (+245%)
_____

SMTC 09/19 $50-55 Calls
$50: 6.29-10.30 (+64%)
$55: 3.00-6.34 (+111%)
_____

ATAT 09/19 $35-40 Calls
$35: 2.27-3.15 (+39%)
$40: .50-.85 (+70%)


Fresh Options Ideas:
MDB Weekly $275-280 Calls
OKTA Weekly $95-97 Calls
ANF Weekly $95 Puts
BOX 09/19 $33-34 Calls

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


Extended Watchlist:
NBY, AZTR, FLNT, DEVS, PTNM

Options Results, 4 New Potential Trades

Tuesday’s Plays:

Tuesday was a better day for us than Monday, with a lot more opportunities to make a quick buck. We offered up four possibilities in our premarket report for the day, and all but one set of contracts from that group exhibited very nice intraday upswings.

As for the winners, we had targeted the SPY 08/26 $643-642 Puts, the SMTC 09/19 $50-55 Calls, and the ATAT 09/19 $35-40 Calls for observation and they returned the following results:

SPY 08/26 $643-642 Puts
$643:
 .27-.85 (+215%)
$642: .11-.38 (+245%)
_____

SMTC 09/19 $50-55 Calls
$50:
 6.29-10.30 (+64%)
$55: 3.00-6.34 (+111%)
_____

ATAT 09/19 $35-40 Calls
$35:
 2.27-3.15 (+39%)
$40: .50-.85 (+70%)


Fresh Options Ideas:
MDB Weekly $275-280 Calls
OKTA Weekly $95-97 Calls
ANF Weekly $95 Puts
BOX 09/19 $33-34 Calls

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


Extended Watchlist:
NBY, AZTR, FLNT, DEVS, PTNM

Monday’s Movers, 4 New Possible Plays

Monday Recap:

We got off to a bit of a rusty start this week following our hiatus, with just two of the three ideas we floated for yesterday’s premarket report posting intraday gains. It does happen on occasion, but we’ve no doubt that we’ll be back to our proper form and routine in no time.

The plays that ended up with positive intraday movement were the PDD Weekly $128-127 Puts, and the RH Weekly $227.50-225 Puts. The moves they recorded were as follows:

PDD Weekly $128-127 Puts
$128:
 1.35-3.52 (+161%)
$127: 1.09-3.00 (+175%)
_____

RH Weekly $227.50-225 Puts
$227.50:
 3.70-4.40 (+19%)
$225: 2.74-3.60 (+31%)


Fresh Options Ideas:
SPY 08/26 $643-642 Puts*
LW 09/19 $55 Calls
SMTC 09/19 $50-55 Calls
ATAT 09/19 $35-40 Calls

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


Extended Watchlist:
IVVD, ALLR, SATS, PFSA, PACK, BENF, SER, OPAD, STKH, IMG

Options Recaps, Trio of Fresh Plays

Back in the Saddle:

Welcome back, traders! Our summer vacation is over, and we’re ready to hit the ground running. We hope everyone had a constructive trading week in our absence. Although now a full week in the rear view, we’ll go ahead and report on the performances of our trading ideas in our last premarket report on Friday the 15th, and then jump forward to some new targets for today.

We had the AMAT Weekly $167.50-165 Puts, the SNDK Weekly $45 Puts, and the GLOB Weekly $70-65 Puts in the report that morning, and here was how they ultimately played out:

AMAT Weekly $167.50-165 Puts
$167.50:
 1.69-5.93 (+251%)
$165: .60-3.30 (+450%)
_____

SNDK Weekly $45 Puts
$45:
 .15-1.19 (+693%)
_____

GLOB Weekly $70-65 Puts
$70: 1.50-5.30 (+253%)
$65: .10-.89 (+790%)


Fresh Options Ideas:
PDD Weekly $128-127 Puts
RH Weekly $227.50-225 Puts
PEG 09/19 $82.50-85 Calls


Extended Watchlist:
OPEN, EPIX, OSRH, CAPS, HCWB, STSS, OPAD, ASST, QIPT, JFU, MRM

Get Our FREE Daily Reports!