Tag: ADBE

Kicking Off This Short Trading Week

Solid Friday Finish:

As we’ve been mentioning over the past week or so, we’re contending with an earnings dry spell at the moment, so our daily selection has been rather more limited than what is typical. However, we haven’t let that stop us entirely from formulating what we think are some of the more attractive prospects on any given trading day.

Friday’s premarket report was limited to just a pair of fresh options ideas, the ADBE Weekly $510-515 Calls and the SPY 06/16 $440-442 Calls. Despite a rocky session for the markets in general, we saw solid intraday movement from each of our selected contract sets. Here’s a breakdown of their daily performances:

ADBE Weekly $510-515 Calls
$510: .50-1.28 (+156%)
$515: .19-.42 (+121%)
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SPY 06/16 $440-442 Calls
$440: 1.05-2.45 (+133%)
$441: .55-1.57 (+185%)
$442: .27-.87 (+232%)

Fresh Options Ideas:

Unfortunately, the dearth of high profile earnings reporters is slated to persist for the better part of the next month, but we will be equally persistent in our efforts to keep the ideas based on other factors flowing. Here’s what we find interesting today, to kick off this holiday-shortened trading week.

NVDA Weekly $425-430 Calls
SPOT Weekly $157.50-160 Calls
SPY 06/20 $437-438 Calls*

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

Faraday Future Intelligent  Electric, Inc. (NASDAQ:FFIE)

We’re also interested in tracking FFIE, a low-priced NASDAQ stock that has recently been steadily making its way up off of its annual lows. If it can hold above its recent support level at its its 50DMA of .25, we will remain interested.

Extended Watchlist:
VCI, EVET, EVLO, LUCY, YVR, BFRI, NUEW, DICE, FRCB, BDPT

Solid Finish to a Strong Trading Week

Another Winning Wednesday:

We fared pretty well yesterday with respect to the daily options ideas we included in our premarket report. The current earnings dry period persisted, leaving us with only a pair of fresh plays, but they both put up good intraday performances. Additionally, the Oracle calls we’ve been tracking this week once again tacked on some impressive new highs for us.

Those were, of course, the ORCL Weekly $121-123 Calls that we initially marked in Tuesday’s report, and yesterday’s new targets were the LEN Weekly $117-118 Calls, and the KR Weekly $47-46 Puts. Here were the numbers they posted for the session.

ORCL Weekly $121-123 Calls
$121: .53-6.39 (+1195%)
$122: .38-5.39 (+1696%)
$123: .30-4.28 (+1326%)
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LEN Weekly $117-118 Calls
$117: 1.55-3.50 (+126%)
$118: 1.30-2.75 (+111%)
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KR Weekly $47-46 Puts
$47: 1.19-2.56 (+115%)
$46.50: .90-2.10 (+133%)
$46: .59-1.79 (+203%)

Fresh Options Ideas:
ADBE Weekly $510-515 Calls*
SPY 06/16 $440-442 Calls*

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

Nikola Corp. NKLA – Recap:

We’ve also got a brief update to relay on NKLA, which we had in Wednesday morning’s extended watchlist. From its low of .99 on Wednesday, the stock has now run up to a high of 1.83. That works out to a two day swing of 85%

Extended Watchlist:
EVLO, HGEN, SPCE, VCIG, ONCR, SURF, FRCB, BDPT, GDVM

Thursday’s Huge Movers, 4-Pack of Fresh Plays

Options Clean Sweep: 

We certainly hit on the options ideas that we included in yesterday morning’s premarket report, with all four of the interests on our daily slate producing big intraday moves for us. Our ideas went bullish across the board, and with the aid of a massively positive session for the markets as a whole, we saw all sorts of multibag gain opportunities.

We were focusing our attention upon the SIG Weekly $69-70 Calls, the ASO Weekly $60-62 Calls, the BEKE Weekly $17.50-18 Calls, and the ADBE Weekly $345-352.50 Calls, and the results were very pleasing. Here are the huge moves and total possible profits on the table for the session by way of these ideas:

SIG Weekly $69-70 Calls
$69: 4.20-8.15 (+94%)
$70: 2.23-5.50 (+147%)
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ASO Weekly $60-62 Calls
$60: 1.00-7.50 (+650%)
$61: 1.50-4.48 (+199%)
$62: .79-3.64 (+361%)
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BEKE Weekly $17.50-18 Calls
$17.50: .50-1.05 (+110%)
$18: .40-.84 (+110%)
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ADBE Weekly $345-352.50 Calls
$345: 3.19-10.85 (+240%)
$347.50: 2.39-8.72 (+265%)
$350: 1.66-7.00 (+322%)
$352.50: 1.16-5.27 (+354%)

Fresh Options Ideas:
NVDA Weekly $255-257.50 Calls
FDX Weekly $222.50-227.50 Calls
COIN Weekly $68-71 Calls
BABA Weekly $81-83 Calls

Extended Watchlist:
ENZ, HUBC, HSTO, DPUI, CNNA, VNUE, VDRM, OCLN, DRCR, HNRC

Wednesday’s Winners, 4 Fresh Plays

Options Trading Recaps: 

We had another good day filled with prime opportunities to make a quick buck yesterday. All three of the weekly sets of options targets we formulated in our premarket report, produced intraday moves of a substantial nature for us. We also had a couple of longer-term ideas expiring next month that we’ll come back to at a later date.

As for yesterday’s movers, we’ve got the SPY 03/15 $387-385 Puts, the SMAR Weekly $40 Calls, and the S Weekly $14-15 Calls, which put forth the following respectable performances on the day: 

SPY 03/15 $387-385 Puts
$387: 1.39-3.76 (+170%)
$386: 1.16-2.98 (+157%)
$385: .71-2.30 (+224%)
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SMAR Weekly $40 Calls
$40: 2.53-5.40 (+113%)
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S Weekly $14-15 Calls
$14: 1.40-2.25 (+61%)
$15: .75-1.31 (+75%)

Fresh Options Ideas:
SIG Weekly $69-70 Calls
ASO Weekly $60-62 Calls
BEKE Weekly $17.50-18 Calls
ADBE Weekly $345-352.50 Calls

ThermoGenesis Holdings Inc. THMO – NASDAQ Recap:

We also wanted to do a quick update on THMO, a NASDAQ listed stock that we included in yesterday morning’s premarket report. The stock followed that up with a very nice intraday run from 3.64-7.75, which marks a rise of 113% That’s an extremely large single session rip from a stock on one of the upper exchanges.

Extended Watchlist:
HNRC, AMRV, TTCM, CNER, CYBL, CRTD, CRYM, CS, LIPO, OKYO, JAN, PATH

SPY Shorts Prevail, Fresh Ideas

Friday Options Recap:

We put up a fairly good performance on Friday, with both of the quick-strike options ideas we had formulated in our premarket report for the day recording significant movement during the session. The markets in general continued to get beat up, leaving our ideas which were both bearish, to make some pretty good headway for us.

Our winning targets were the SPY 09/16 $387-384 Puts, and the ADBE Weekly $305-300 Puts. , and while the potential gains for the day weren’t earth-shattering we’d still call the following numbers to be quite solid considering the lack of earnings ammunition we’re dealing with at present. As we always say, during dry spells for earnings we have to get a bit more creative than usual, but that will never stop us from giving it the old college try!

SPY 09/16 $387-384 Puts
$387: 2.39-5.05 (+111%)
$386: 1.85-4.15 (+124%)
$385: 1.42-3.35 (+136%)
$384: 1.09-2.65 (+143%)
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ADBE Weekly $305-300 Puts
$305: 8.13-12.47 (+53%)
$302.50: 5.46-10.34 (+89%)
$300: 2.91-7.99 (+174%)

Fresh Options Ideas:
TTWO Weekly $119-121 Calls
FDX 10/14 $150-160 Calls
SPY 09/19 $385-383 Puts

Extended Watchlist:
SNTI, PRPL, FOXO, KOLD, KNBE, SYRS, BCAN, VNTH, RITE, ATMH, ARTH

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