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

Options Recaps, A Pair of New Ideas

Reviewing Friday’s Activity:

We’re kicking off our week a day late this morning, after having to forego yesterday’s report for medical reasons. So what we’re going to do today is track back to Friday’s premarket report, and see how those plays fared to close out last week. Then we’ll come up with a set of fresh ideas today, so we can hop right back on track!

Friday’s daily targets were the LMT Weekly $480-485 Calls, the RH Weekly $210-212.50 Calls, the ADBE Weekly $402.50-397.50 Puts, and the CVX Weekly $147-149 Calls. They all exhibited some very nice activity, posting multibag gains on the day:

LMT Weekly $480-485 Calls
$480:
 3.70-8.50 (+130%)
$482.50: 2.35-6.00 (+155%)
$485: 1.31-4.79 (+266%)
_____

RH Weekly $210-212.50 Calls
$210:
 3.14-13.68 (+336%)
$212.50: 3.99-11.47 (+187%)
_____

ADBE Weekly $402.50-397.50 Puts
$402.50:
 8.46-18.29 (+116%)
$400: 5.57-15.97 (+180%)
$397.50: 4.75-13.60 (+186%)
_____

CVX Weekly $147-149 Calls
$147: .18-.60 (+233%)
$148: .10-.29 (+190%)
$149: .07-.17 (+143%)


Fresh Options Ideas:
JBL Weekly $185 Calls
LEN Weekly $111-112 Calls

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


Extended Watchlist:
ACXP, SLRX, VERV, CERO, AZTR, SAFX, RGC, INEO, PRPH, AIM

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