Back on Track with Options Plays & More

Back in the Swing on Options Plays: 

After a somewhat lackluster day on Monday as we mentioned yesterday morning, our slate of options for Tuesday made a full turnaround. We set up four earnings related options targets, and are pleased to report that all four produced notable intraday moves for us.

In all honesty, it was a far more typical day than the previous session, and we’ve got another big earnings day on the calendar in store for today, so be sure to read ahead and check out this morning’s fresh ideas as well.

Yesterday’s plays that we were focused in on were the BP Weekly $28.50-30 Calls, the EL 05/20 $250-230 Puts, the DVN Weekly $58-60 Calls, and the SPY 05/04 $414-416 Calls, and here were the runs and total possible gains they recorded during yesterday’s session:

BP Weekly $28.50-30 Calls
$28.50: 
1.95-2.75 (+41%)
$29: 1.54-2.40 (+56%)
$29.50: 1.08-1.86 (+72%)
$30: .88-1.49 (+69%)
_____

EL 05/20 $250-230 Puts
$250: 
10.00-13.00 (+30%)
$240: 6.00-8.70 (+45%)
$230: 3.60-5.70 (+58%)
_____

DVN Weekly $58-60 Calls
$58: 
2.82-6.50 (+130%)
$59: 1.99-5.55 (+179%)
$60: 1.54-4.66 (+202%)
_____

SPY 05/04 $414-416 Calls
$414: 4.22-7.26 (+72%)
$415: 3.72-6.56 (+76%)
$416: 3.25-5.89 (+81%)


Fresh Options Ideas:
AMD Weekly $95-97 Calls
ABNB Weekly $149-152.50 Calls
SBUX Weekly $77-79 Calls
MRNA Weekly $150-155 Calls 


Extended Watchlist:
RVSN, SATL, BBI, LTHM, BOIL, MAPT, ZNOG, FERN, IGEX, HDUP, KLDO, GTII, 

Bucking the Trend with Options

Big Time Options Success: 

Despite the markets sliding over the Russia-Ukraine conflict anxieties, we managed to round up a fair few options winners in our premarket report yesterday morning. Only one longer term idea failed to instantly materialize, with all of our quick strike options plays posting solid gains on the day.

Not only do we have updates on those targets, but we also have a recap of our idea on PBR in Tuesday’s report, so the figures we have to present here are from the TJX Weekly $65-63 Puts, the PANW Weekly $495-505 Calls, the LOW Weekly $217.50-222.50 Calls, the OSTK Weekly $41-44 Calls, and the PBR Weekly $14-15 Calls.

Here are the moves posted and the total possible gains for traders who were in the mix:

TJX Weekly $65-63 Puts
$65: 1.00-3.21 (+221%)
$64: .70-2.74 (+291%)
$63: .50-1.90 (+280%)
_____

PANW Weekly $495-505 Calls
$495: 1.60-4.51 (+182%)
$497.50: 1.95-3.55 (+82%)
$500: 1.16-3.31 (+185%)
$505: .90-2.20 (+144%)
_____

LOW Weekly $217.50-222.50 Calls
$217.50: 6.22-10.90 (+75%)
$220: 4.45-8.80 (+98%)
$222.50: 3.30-7.00 (+112%)
_____

OSTK Weekly $41-44 Calls 
$41: 5.22-9.20 (+76%)
$42: 4.35-8.83 (+102%)
$43: 3.70-8.50 (+130%)
$44: 3.34-6.51 (+95%)
_____

PBR Weekly $14-15 Calls
$14: .43-.82 (+91%)
$14.50: .22-.45 (+105%)
$15: .11-.23 (+109%)


Fresh Options:
BABA Weekly $108-105 Puts
MRNA Weekly $127-131 Calls
SPY 02/24 $416-414 Puts*

*Please use caution when trading options on their day of expiration. It should only be attempted by experienced traders with access to disposable funds!


Extended Watchlist:
INDO, CEI, IMPP, USWS, ENSV, BOIL, PHIL, ICOA, VYST, CGSI, 

Wrapping Up a Solid Trading Week

Options Recap: 

It was a treacherous day for the markets yesterday, with the vast majority of big board stocks pulling back, but we still managed to go two for three on options ideas despite signaling calls across the board.

The two ideas that recorded notable intraday moves before falling off into the close, were the NOW Weekly $530-540 Calls, and the TSLA Weekly $930-945 Calls. Oftentimes post-earnings plays will still provide such opportunities even if they can’t sustain the momentum, which is exactly why we base most of our targets around quarterly reporters on a given day.

Here are the early moves registered by the above mentioned targets: 

NOW Weekly $530-540 Calls
$530:
 4.60-10.59 (+130%)
$535: 3.11-8.70 (+180%)
$540: 2.00-5.60 (+180%)
_____

TSLA Weekly $930-945 Calls
$930: 7.43-11.12 (+50%)
$935: 3.41-5.77 (+69%)
$940: 3.05-5.06 (+66%)
$945: 2.77-4.48 (+62%)


Fresh Options Ideas: 
SPY 01/28 $430 Puts
AAPL Weekly $165 Puts
CAT Weekly $210-207.50 Puts
V Weekly $212.50-217.50 Calls

*Please use extreme caution when trading options on their day of expiration. It should only be attempted by experienced traders with access to disposable funds


Trans Global Group, Inc. TGGI – Update:

We have also been tracking TGGI quite a bit over the past several weeks, tagging it in our extended watchlists. Since our last mention of the stock it has made a move from .0081-.0143. That works out to an overall upswing of 77%


Extended Watchlist:
SKYI, GODYF, RGBP, CGSI, TLSS, APPT, IMPP, VCNX, BOIL, KSCP