SPY, NDVA Options Updates:
We’re back in the saddle and ready to kick off another fine week of options trading! We had good fortune last week to begin the new year, and we wrapped things on Friday with a couple more good ideas. Two of our three potential targets bore fruit for ourselves and our readers.
We were tracking the SPY 01/07 $467-466 Puts and the NVDA 01/14 $280-285 Calls and they produced some pretty respectable gain opportunities on the day. Here are the daily moves they registered and the total possible profits which could have been reaped as a result. In the case of the SPY, they were particularly impressive runs.
We also have an update on the new highs in the LW 01/21 $65 Calls which we signaled for observation on Thursday morning.
SPY 01/07 $467-466 Puts
$476: .54-2.77 (+412%)
$477: .38-2.08 (+447%)
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NVDA 01/14 $280-285 Calls
$280: 4.45-6.44 (+45%)
$282.50: 3.73-5.44 (+46%)
$285: 3.10-4.55 (+47%)
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LW 01/21 $65 Calls
$65: 3.50-5.90 (+69%)
Fresh Options Ideas:
TLRY Weekly $6.50-7.50 Calls
SFIX Weekly $19 Calls
SPY 1/10 $465-462 Puts
Extended Watchlist:
KRUS, TGGI, MJWL, OPTI, IDEX, AVVH, IFAN, RVPH, PSTI, BBLG, ISIG