Tuesday’s Runners, Wednesday’s Watchlist

Tuesday’s Twin Targets:  

As we were mentioning in yesterday morning’s premarket report, we’re pretty thin on earnings reports from big name companies with multi-billion dollar market caps, which are typically our favorite catalysts for the kind of intraday activity that is useful to daytraders. This relative dry period will unfortunately persist until the back end of October, but, as we did yesterday, we’ll continue to hash out whatever remaining targets look best on any given morning.

Yesterday we formed a pair of potential plays, the APOG 10/20 $50-55 Calls and the DAVA 10/20 $45 Puts, and they both exhibited some nice moves for us on the day, with a double-bagger coming out of both chains. Here’s what we were working with:

APOG 10/20 $50-55 Calls
$50:
 1.70-2.50 (+47%)
$55: .05-.30 (+100%)
_____

DAVA 10/20 $45 Puts

$45: 15-.30 (+100%).


Fresh Options Ideas:
GIS 10/20 $65-67.50 Calls
EMN 10/20 $80 Calls


Extended Watchlist:
RVNC, EBET, EXAI, RNAZ, HSTO, FRTX, BJDX, TGGI, RTSL, 

Monday’s Runners, Pair of Longer-Term Plays

Good Start to the Week:  

We got the fresh trading week off to a pretty good start yesterday morning. Despite having no big name earnings reporters to work with, we floated a few ideas that flew in the face of the overall trend of the day, yet still managed to log some serious intraday upswings. Unfortunately, we’re just entering another dry spell for earnings, and as usual, we’ll get along however we sit fit on the day-to-day.

As for yesterday’s targets, we were looking at the TSLA Weekly $277.50-272.50 Puts, the NVDA Weekly $435-430 Puts, and the SPY 09/18 $444-443 Puts, and here are the kinds of intraday runs they established on the session:

TSLA Weekly $277.50-272.50 Puts
$277.50:
 9.80-14.80 (+51%)
$275: 7.80-12.90 (+65%)
$272.50: 6.40-11.05 (+73%)
_____

NVDA Weekly $435-430 Puts
$435: 4.60-6.62 (+44%)
$432.50: 3.80-5.58 (+47%)
$430: 3.10-4.72 (+52%)
_____

SPY 09/18 $444-443 Puts
$444: .14-.88 (+528%)
$443: .47-.99 (+111%)


Fresh Options Ideas:
APOG 10/20 $50-55 Calls
DAVA 10/20 $45 Puts


Extended Watchlist:
CNXA, ELUT, AVGR, NAVB, CFFE, SEZL, EFAB, ENZC, NWBO, AABB, CLNV

Recent Movers Recap, Fresh Plays

Recapping Our Most Recent Movers:

We are off to a very rare late start this week, so let us first apologize for the unusual absence of a premarket report for yesterday’ session. Our data was temporarily down, so what we’ll do now that we’re back up and running, is go over the moves we’ve seen from the options ideas contained in Friday’s premarket report, then we’ll take a look at where we’re at today in terms of some fresh ideas to consider going forward.

All three of the picks we made for Friday’s report produced good gain opportunities, so lets jump right into that. Those targets were the KMX Weekly $81-83 Calls, the SWBI 07/21 $10-12.50 Calls, and the APOG 07/21 $45 Calls, and here are the moves we subsequently observed:

KMX Weekly $81-83 Calls
$81:
 3.50-5.90 (+69%)
$82: 2.69-4.90 (+82%)
$83: 1.85-3.99 (+116%)
_____

SWBI 07/21 $10-12.50 Calls
$10:
 2.60-3.40 (+31%)
$12.50: .50-1.30 (+160%)
_____

APOG 07/21 $45 Calls 
$45: 1.00-2.00 (+100%)


Fresh Options Ideas:
WBA Weekly $30-29 Puts
SNX 07/21 $90 Puts
KFY 07/21 $50 Puts
AXON 07/21 $190-195 Calls  


Thursday’s Thousand Percenters, 3 Fresh Plays

Strong Finish to a Solid Short Week:

Our fresh options ideas for yesterday’s premarket report numbered five, and for the second day in a row, only one of our highlighted suggestions failed to produce notable intraday activity. The rest exhibited the typical behavior we’ve come to expect from the vast majority of options ideas we put forth. The Overstock calls were by far the most impressive, registering a couple of runs that blew well past the thousand percent gainer mark.

The daily movers proved to be the DRI 07/21 $165-155 Puts, the ACN Weekly $302.50-297.50 Puts, the KBH 07/21 $50 Puts, and the OSTK Weekly $22.50-23.50 Calls, and here’s the kind of intraday movement we saw in those targets on the session.

DRI 07/21 $165-155 Puts
$165:
 4.10-5.60 (+37%)
$160: 1.95-3.18 (+63%)
$155: .75-1.40 (+87%)
______

ACN Weekly $302.50-297.50 Puts
$302.50: 5.60-6.50 (+16%)
$300: 3.76-5.30 (+41%)
$297.50: 3.20-3.40 (N/A)
_____

KBH 07/21 $50 Puts
$50: .90-1.40 (+56%)
_____

OSTK Weekly $22.50-23.50 Calls

$22.50: .35-3.30 (+843%)
$23: .25-2.90 (+1060%)
$23.50: .15-2.20 (+1367%)


Fresh Options Ideas:
KMX Weekly $81-83 Calls
SWBI 07/21 $10-12.50 Calls
APOG 07/21 $45 Calls 


Perfect Start to the Week, New Options Ideas

Flawless Options Trading Session:

We were interested in four different options trading ideas that we placed on watch in our premarket report yesterday morning, and we were very pleased with the results we met with, having all four sets of calls produce some type of intraday movement for us. We love a good clean sweep, and as our regular readers can attest, it’s not a rare occurrence for us.

Our focal points for the session were the KMX Weekly $69-70 Calls, the NKE Weekly $121 Calls, the PSMT 04/21 $75 Calls, and the ASO 04/21 $65 Calls. The potential gains we saw varied wildly, from a modest 24-percenter on up to a mammoth 445-percenter. Here’s the rundown of the activity they presented on the day.

KMX Weekly $69-70 Calls
$69:
 2.07-4.74 (+129%)
$70: 1.45-3.93 (+171%)
_____

NKE Weekly $121 Calls
$121: 2.31-3.11 (+35%)
_____

PSMT 04/21 $75 Calls
$75: .85-4.63 (+445%)

ASO 04/21 $65 Calls
$65: 1.92-2.38 (+24%)


Fresh Options Ideas:
SPY 04/12 $411-413 Calls
APOG 04/21 $45 Calls
NRG 04/21 $37 Calls


Extended Watchlist:
GTII, CORZQ, GLSH, OTIC, CELZ, PBLA, CYTO, YVR, HTCR

 

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