Wrapping Up a Solid Short Trading Week

Options Updates:

We have been tracking a number of options ideas with a June 18th expiration over the past week. Yesterday morning, we signaled interest in the ESTC 06/18 $125-135 Calls, and those went on to put up a nice performance on the day.

It was in Monday morning’s premarket report that we added CAN 06/18 $7.50-10.00 Calls, and we added some gains to our observed totals yesterday as the stock set a new high on the day.

ESTC 06/18 $125-135 Calls
$125: 4.95-7.60 (+54%)
$130: 2.90-4.60 (+59%)
$135: 1.20-2.85 (+137%)
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CAN 06/18 $7.50-10.00 Calls
$7.50: 
1.71-4.15 (+143%)
$10: .60-2.17 (+262%)

We have had some excellent success in our options speculation of late, and will continue to keep watch over all the June 18th targets we have designated, as well as keeping our eyes peeled for further quick-strike opportunities.


Fresh Options Ideas:
LULU Weekly $317.50-322.50 Calls*
DOCU Weekly $205-210 Calls*
MDB Weekly $280-287.50 Calls*

*Please be advised that trading ‘weekly’ options contracts on a Friday carries an elevated risk, and should only be attempted by seasoned traders!


Extended Watchlist:
NCTY, WINT, SENS, LEDS, SLRX, AEMC, TXTM, KATX, PJET, INKW, UNDR,