A Terrific Tuesday, 4 Fresh Plays for Wednesday

Another Perfect Outing on Tuesday:

While we can definitely say that flawless days when we hit on all of our ideas are frequent occurrences for us, we certainly don’t take it for granted, and it still makes us feel really good every time. Yesterday’s outing was just such an event, with all five of the fresh options possibilities we laid out in our premarket report making good intraday moves. It was the second straight day we achieved that feat, with all five of Monday’s plays having recording good gains as well. So we’re off to a perfect start this week, and we couldn’t be happier.

Yesterday’s runners were the ANET Weekly $187.50-192.50 Calls, the PINS Weekly $28.50-29.50 Calls, the CAT Weekly $235-230 Puts, the BUD Weekly $55-56 Calls and the BP Weekly $37.50-36.50 Puts. Most of the upswings they posted were double baggers or better. Here’s how the session’s activity played out:

ANET Weekly $187.50-192.50 Calls
$187.50:
 4.80-13.48 (+181%)
$190: 3.60-11.60 (+222%)
$192.50: 2.60-9.00 (+246%)

PINS Weekly $28.50-29.50 Calls
$28.50:
 .55-1.70 (+209%)
$29: .38-1.35 (+255%)
$29.50: .25-1.01 (+304%)

CAT Weekly $235-230 Puts
$235:
 6.09-11.25 (+85%)
$232.50: 4.39-8.85 (+102%)
$230: 3.04-6.79 (+123%)

BUD Weekly $55-56 Calls
$55:
 1.10-2.05 (+86%)
$56: .50-1.21 (+142%)

BP Weekly $37.50-36.50 Puts
$37.50: .99-1.23 (+24%)
$37: .50-.84 (+68%)
$36.50: .31-.48 (+55%)


Fresh Options Ideas:
FSLR Weekly $146-148 Calls
PAYC Weekly $160-150 Puts
CVS Weekly $67-65 Puts
YUMC Weekly $47.50-45 Puts


Extended Watchlist 
CLLS, MNPR, ZVSA, ALDX, BRSH, TGTX, SATX, YCRM, MCLE, PLNH

Great Start to the Week, 5 New Targets

Great Start to the Trading Week:

It’s always pleasing when we can get off on the right foot to open up a fresh week of trading, and we were quite pleased with yesterday’s spot-on performance. We signaled interest in tracking a group of five potential options targets in our premarket report, and we ended up seeing some nice intraday upswings in each and every one of them. Being in the thick of another earnings season certainly doesn’t hurt our efforts to find movers every day.

Monday’s runners were the WDC Weekly $42.50-44 Calls, the ON Weekly $80-77 Puts, the MCD Weekly $260-262.50 Calls, the SPY 10/30 $413-414 Calls and the NVDA Weekly $397.50-405 Calls. Here is the breakdown of the kinds of moves and total possible gains that we witnessed on the day:

WDC Weekly $42.50-44 Calls
$42.50:
 .75-1.48 (+97%)
$43: .23-.43 (+87%)
$43.50: .44-.90 (+104%)
$44: .29-.66 (+127%)
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ON Weekly $80-77 Puts
$80: 7.55-13.85 (+84%)
$79: 6.25-12.65 (+102%)
$78: 6.50-11.30 (+74%)
$77: 4.70-11.70 (+149%)
_____

MCD Weekly $260-262.50 Calls
$260: 1.09-3.85 (+253%)
$262.50: .60-2.35 (+292%)
______

SPY 10/30 $413-414 Calls
$413: .78-3.69 (+373%)
$414: .40-2.70 (+575%)
_____

NVDA Weekly $397.50-405 Calls
$397.50: 13.90-20.49 (+47%)
$400: 11.95-18.00 (+51%)
$405: 9.10-14.53 (+60%)


Fresh Options Ideas:
ANET Weekly $187.50-192.50 Calls
PINS Weekly $28.50-29.50 Calls
CAT Weekly $235-230 Puts
BUD Weekly $55-56 Calls
BP Weekly $37.50-36.50 Puts


Extended Watchlist 
LMDX, AVTX, VSME, WNW, NLST, GVSI, SONG, ZHUD

Solid Finish to a Great Week, 4 New Earnings Plays

Closing Out the Week on a Great Note:

We always find it most pleasing when we can close out a trading week reporting a clean sweep of Thursday options ideas. We will enjoy that distinction yet again today, with everything we had our eyes on from yesterday’s report producing significant intraday upswings.

Those plays were the PYPL Weekly $69-67 Puts, the QCOM Weekly $119-118 Puts, the SHOP Weekly $62-61 Puts, and the BUD Weekly $57-58 Calls. Here is a breakdown of the intraday performances of these ideas yesterday, whose gains ranged from reasonably impressive to excellent:

PYPL Weekly $69-67 Puts
$69: 
2.77-4.90 (+77%)
$68: 2.08-3.85 (+85%)
$67: 1.43-2.95 (+106%)
_____

QCOM Weekly $119-118 Puts
$119: 2.40-4.20 (+100%)
$118: 1.59-3.49 (+119%)
_____

SHOP Weekly $62-61 Puts
$62: .81-3.72 (+359%)
$61: .54-2.85 (+428%)
_____

BUD Weekly $57-58 Calls
$57: .50-.75 (+50%)
$58: .05-.15 (+200%)


Fresh Options Ideas:
AAPL Weekly $190-185 Puts*
AMZN Weekly $138-141 Calls*
AMGN Weekly $230-232.50 Calls*
ABNB Weekly $139-137 Puts*

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


Nikola Corp. (NASDAQ:NKLA) – Recap:

We’ve got an update on NKLA, which we have been mentioning all summer, after initially tagging it on the morning of June 14th. From its low of .99, we’ve now seen this stock surge to a new high of 3.71 yesterday. That represents a steady 275% increase over roughly the last six weeks.

_____

Tupperware Brands Corp. (NYSE:TUP) – Recap:

As we were just mentioning the other day, we have been on TUP since July 12th, after which time the stock was trading for as little as .61. Even after registering impressive the new highs that we reported this week, the stock continued to surge, printing a trade at 7.25 yesterday post-market. That works out to a total increase of 1088% in the few weeks we’ve been tailing it!


Extended Watchlist:
MF, AHI, FUBO, POL, TIVC, YELL, AAOI, TOPS, ENZC, APYP