Ending the Week on a High Note, 3 New Ideas

Recapping Wednesday’s Winners:

We’re closing out this short trading week in our favorite way, by reporting another clean sweep of our options trading board from yesterday morning’s premarket report. We had formed five potential plays for our readers’ consideration, and we saw some really nice multibag intraday runs posted. It’s the best way to finish up with the final report of the week, and we hope everyone enjoys the holiday weekend!

Yesterday’s runners were the DNUT 04/19 $17.50 Calls, the MRK Weekly $131-132 Calls, the GME Weekly $13-12 Puts, the CTAS 04/19 $660-680 Calls and the NCNO 04/19 $35-40 Calls. Here are the intraday moves they recorded, only a couple of which fell short of the double-bag mark, and with one target actually a exceeding one thousand percent rip on the day:

DNUT 04/19 $17.50 Calls
$17.50
: .40-.91 (+127%)
_____

MRK Weekly $131-132 Calls
$131
: .36-1.25 (+247%)
$132: .14-.67 (+379%)
_____

GME Weekly $13-12 Puts
$13: .16-.30 (+87%)
$12.50: .06-.12 (+100%)
$12: .03-.05 (+67%)
_____

CTAS 04/19 $660-680 Calls
$660: 12.13-45.60 (+276%)
$670: 7.80-36.00 (+361%)
$680: 2.39-27.15 (+1036%)
_____

NCNO 04/19 $35-40 Calls
$35
: 1.00-2.45 (+145%)
$40: .10-.70 (+600%)


Fresh Options Ideas:
SPY 03/28 $522-523 Calls*
MLKN 04/19 $25 Puts
RH Weekly $325-330 Calls*

*Due to tomorrow’s holiday, ‘weekly’ contracts will expire at market close today. Don’t trade options on their day of expiration unless you are an experienced trader. 


Extended Watchlist:
NKLA, KTRA, AKAN, XLO, IBIO, PIK, AVTX, BDRX, ARGNF, ENZC, BLIS, PPCB, EVFM

Monday’s Runners, 5 Fresh Ideas

Solid Start to the Week:

We fared reasonably well with our options picks yesterday. In our premarket report we highlighted four possible targets, and three of those returned solid intraday upswings. It was a pretty good way to kick off the week, and was done in spite of being a little short on top name earnings reporters for the session. We’re back into some really big names today, so we shouldn’t experience any major difficulties today either.

Our winning ideas for Monday were the NVDA Weekly $725 Calls, the MNDY Weekly $215-205 Puts, and the TRMB Weekly $50 Puts. (We mistakenly assumed $5 increments on the MNDY chain, so the only existing set of contracts in our given range were the $210’s). Here were the gain opportunities that those provided for us on the day:

NVDA Weekly $725 Calls
$725
: 13.57-28.32 (+127%)
_____

MNDY Weekly $215-205 Puts
$210: 3.30-6.00 (+82%)
_____

TRMB Weekly $50 Puts
$50: .05-.10 (+100%)


Fresh Options Ideas:
ANET Weekly $260-255 Puts
WM Weekly $192.50-197.50 Calls
DDOG Weekly $131-128 Puts
LSCC weekly $65 Puts
CDNS Weekly $285-280 Puts



Beamr Imaging Ltd. (NASDAQ:BMR) – Recap: 

We also observed an amazing showing by BMR, a stock that appeared in yesterday morning’s extended watchlist. From a daily low of 6.04 it went on to trade for as much as 34.94 a share, which worked out to an intraday rip of 478% which is highly remarkable for a stock in that price range on the upper exchanges. It was the top gainer of the day for the whole NASDAQ.


Extended Watchlist:
VCIG, OMH, ARBB, BDRX, WBUY, BGLC, FAMI, CHSN, NVTA, TSPH, OPTI, AABB

Solid Options Plays, Fresh Targets

More Options Review:

Yesterday turned out to be a very fruitful session for us, with three out of the four potential options trading targets we mentioned in our premarket report yielding some good intraday opportunities. No one can win them all, but it’s come to the point where missing on any of our ideas is a relative rarity for us, as any of our regular readers can attest.

Yesterday’s winning items of interest included the BABA Weekly $93-95 Calls, the MKC 04/21 $75-80 Calls, and the PVH 04/21 $80-85 Calls, with the BABA Calls providing the clearest path to big time profits.Here’s the breakdown of yesterday’s activity in these plays:

BABA Weekly $93-95 Calls 
$93: 2.14-7.00 (+227%)
$94: 1.76-6.25 (+255%)
$95: 1.41-5.50 (+290%)
_____

MKC 04/21 $75-80 Calls
$75: 4.80-8.83 (+84%)
$80: 1.40-4.80 (+243%)
_____

PVH 04/21 $80-85 Calls
$80: 
5.00-10.19 (+104%)
$85: 2.50-6.40 (+156%)


Fresh Options Ideas:
PAYX 04/21 $115 Calls
LULU Weekly $367.50-372.50 Calls
MU Weekly $59-61 Calls
SPY 03/29 $397-398 Calls*

*Trading options contracts on their day of expiration should not be attempted by inexperienced traders 


Extended Watchlist: 
EPAZ, HMBL, GMZB, PEMIF, CDSG, LOCL, BDRX, LGMX, HLBZ, JFIN