Good Start to the Week, 3 New Ideas

Recapping Monday’s Runners:

We opened up this short trading week yesterday in solid fashion, offering up a slate of four potential options trading ideas in our premarket report for the day. It continues the momentum we had built up going into this past weekend, and sets us on a course for an excellent four-day week of possibilities. We’ve been just a little light on big name earnings reporters to base our daily ideas from, but we’re still managing quite well.

Yesterday’s list of targets was comprised of the CAR 04/05 $118-120 Calls, the COIN Weekly $260-265 Calls, the DELL 04/05 $114-116 Calls, and the INTC Weekly $41.50-40.50 Puts. As you can see below, they afforded us some pretty good opportunities on the day.

CAR 04/05 $118-120 Calls
$118
: 3.20-4.52 (+41%)
$119: 3.10-4.00 (+29%)
$120: 2.69-3.70 (+38%)
_____

COIN Weekly $260-265 Calls
$260
: 10.95-26.38 (+141%)
$262.50: 10.05-23.80 (+137%)
$265: 8.70-22.60 (+160%)
_____

DELL 04/05 $114-116 Calls
$114
: 2.15-3.40 (+58%)
$115: .60-2.95 (+392%)
$116: 1.80-2.43 (+35%)
_____

INTC Weekly $41.50-40.50 Puts
$41.50
: .27-.39 (+44%)
$41: .15-.23 (+53%)
$40.50: .10-.15 (+50%)


Fresh Options Ideas:
TSLA Weekly $177.50-180 Calls*
MKC 04/19 $75 Calls
DNUT 04/19 $15 Calls

*Due to Friday’s holiday, ‘weekly’ contracts will expire at market close on Thursday


Extended Watchlist:
DJT, CHEK, ABVC, MESO, STOK, CBWTF, OPTI, PWDY, SAPX, ORFDF

Off to a Good Start in 2024

Solid Start to the New Year:

We fared reasonably well in our first trading session of 2024 yesterday, despite having no earnings reports to inspire our options candidates of the day. We expect things on that front to be similarly dry moving forward, with few big-name reporters slated to drop figures in the first couple weeks of this new year. As always, we’ll still do everything we can to find other opportunities in the meantime.

As for yesterday’s ideas, here were the daily performance numbers on the four potential plays in our premarket report, the MARA Weekly $26-27 Calls, the COIN Weekly $175-177.50 Calls, the AMD Weekly $145-144 Puts, and the VYGR 11/19 $10-12.50 Calls:

MARA Weekly $26-27 Calls
$26:
 .93-1.41 (+52%)
$26.50: .84-1.23 (+46%)
$27: .71-1.10 (+55%)
_____

COIN Weekly $175-177.50 Calls
$175: 3.19-5.93 (+86%)
$177.50: 2.79-5.04 (+81%)
_____

AMD Weekly $145-144 Puts
$145: 2.64-7.55 (+223%)
$144: 2.16-6.73 (+212%)
_____

VYGR 11/19 $10-12.50 Calls
$10:
 .70-1.90 (+171%)
$12.50: .25-.70 (+180%)


Fresh Options Ideas:
SPY 01/03 $472-471 Puts*
COIN Weekly $148-146 Puts
MARA Weekly $22-21 Puts
UNF 01/19 $180 Puts

*Only experienced traders should attempt to trade options contracts on their day of expiration



Enzolytics, Inc. (OTCMKTS:ENZC) – Recap: 

We also wanted to give a quick update on an OTC stock that we had in yesterday morning’s extended watchlist. ENZC made a pretty nice intraday move from a low of .0169 up to a high .0215, which represents a rise of 27%


Extended Watchlist:
CSTF, ABIT, CRCW, PHIL, XSNX, VRSSF, NEXI, SASI, DYN, FWBI, TPHC, ABVC

Big Moves Thursday, 6-Pack of Fresh Plays

Wrapping Up a Great Trading Week:

This has been one heck of an options trading week for us. With plenty of earnings reporters to take advantage of, we have been knocking homers out of the park daily, and yesterday was no exception. We floated five potential plays in our premarket report, and the four with their expiration set for today produced big intraday moves. We’ll also have a nice big slate with both quick-strike, and longer-term interests for today, so it should be an interest close to a fantastic trading week.

Yesterday’s movers and shakers were the META Weekly $290-285 Puts, the IBM Weekly $137-139 Calls, the NOW Weekly $547.50-555 Calls, and the BMY Weekly $55-53 Puts, and here were the types of intraday moves they made, and the total possible gains those presented:

META Weekly $290-285 Puts
$290:
 1.60-11.55 (+692%)
$287.50: 2.45-9.58 (+291%)
$285: 2.02-7.75 (+284%)
_____

IBM Weekly $137-139 Calls
$137: 4.65-7.30 (+57%)
$138: 3.90-6.40 (+64%)
$139: 3.05-5.27 (+73%)
_____

NOW Weekly $547.50-555 Calls
$547.50: 19.47-32.10 (+65%)
$550: 12.02-27.30 (+127%)
$552.50: 11.72-23.50 (+101%)
$555: 10.18-24.00 (+136%)
_____

BMY Weekly $55-53 Puts
$55: .36-1.91 (+431%)
$54: .10-1.02 (+920%)
$53: .04-.36 (+800%)


Fresh Options Ideas:
AMZN Weekly $123-126 Calls*
INTC Weekly $34-35 Calls*
CVX Weekly $155-150 Puts*
SPY 10/27 $413-414*
SNY 11/17 $50-45 Puts
SNX 11/17 $90 Calls 

*Please use caution when trading options contracts on their expiration date. It should only be attempted by experienced traders. 


Extended Watchlist 
APLM, ICU, ABVC, BKYI, YCRM, PDPG, CYDY,