Tuesday Recap, 4 Potential Trades

Tuesday’s Activity:

We were in solid shape again on Tuesday, keeping up the good momentum we’ve built up over the past couple weeks. We slated four possible targets in yesterday’s premarket report for our readers to track, and they all produced some nice intraday gains.

They were the SPY 07/21 $744-745 Calls, the CCK Weekly $115 Calls, the NVS Weekly $150-155 Calls, and the SCHW 102-101 Puts, and here were the biggest upswings they logged during Tuesday trading:

SPY 07/21 $744-745 Calls
$744: 
1.75-5.10 (+191%)
$745: 
1.21-4.09 (+238%)
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CCK Weekly $115 Calls
$115: 4.60-7.86 (+71%)
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NVS Weekly $150-155 Calls
$150: 5.10-8.71(+71%)
$155: 
4.39-5.80 (+32%)

SCHW 102-101 Puts
$102: 
.91-2.58 (+184%)
$101: 
.53-1.91 (+260%)



Fresh Options Ideas:

SPY 07/22 $746 Puts*
CB Weekly $350-345 Puts
PM Weekly $187.50 Puts
T Weekly $23-23.50 Calls

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


Extended Watchlist:
AEHR, RGC, NBIS, CBRS, OUST, PVLA, AAOI, AXTI, ACMR, BE, MXL

A Good Start to the Short Week

Monday’s Runners:

We got off to a pretty good start for the week on Monday after hashing out four possible options ideas in our premarket report for the session. As usual, we saw some pretty impressive gains in our SPY Calls, while most of the rest of the pack posted respectable, but more subdued numbers. This demonstrates pretty clearly why we tend to gravitate toward the SPY on a frequent basis. This is with the exception of AMZN in this particular case, which also provided us with a great multibag gain chance.

In all, our tracked ideas from yesterday were the SPY 06/29 $735-737 Calls, the SPY 06/29 $735-737 Calls, and the CNXC Weekly $25 Calls. These were the total possible gains they established for the session:

SPY 06/29 $735-737 Calls
$735:
 2.66-7.35 (+176%)
$736: 2.21-6.36 (+188%)
$737: 1.82-5.61 (+208%)
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AMZN Weekly $235 Calls
$235:
 3.09-11.75 (+280%)
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AVAV Weekly $143-145 Calls
$143: 8.10-10.40 (+28%)
$144: 7.98-11.30 (+42%)
$145: 8.29-11.00 (+33%)
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CNXC Weekly $25 Calls
$25: 1.92-2.86 (+49%)



Fresh Options Ideas:

SPY 06/30 $740 Calls*
NKE Weekly $41.50 Calls
STZ Weekly $140 Calls
AVAV Weekly $180-185 Calls

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


Extended Watchlist:
OUST, IRDM, SLS, FCEL, VSAT, ASTS, CBRS, ALAB

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