Thursday’s Thunder, 5 New Trading Ideas

A Thunderous Thursday Performance:

We fared quite well with our selection of possible options plays in yesterday morning’s premarket report. Out of the six potential targets we listed, five of them produced significant intraday gain opportunities for ourselves and our readers. That is an extremely impressive result, in what has been another excellent week of options daytrading. Today’s earnings calendar promises to provide another solid outing as we close out the week.

Yesterday’s five runners were the TSLA Weekly $170-167.50 Puts, the WB Weekly $10 Calls, the DKS Weekly $195-197.50 Calls, the FUTU Weekly $62-60 Puts and the SPY 03/14 $516-517 Calls. These were the numbers they posted for the session:

TSLA Weekly $170-167.50 Puts
$170
: 2.11-9.55 (+353%)
$167.50: 1.23-7.20 (+485%)
_____

WB Weekly $10 Calls
$10
: .05-.15 (+200%)
_____

DKS Weekly $195-197.50 Calls
$195: 15.70-26.20 (+67%)
$197.50: 12.62-20.10 (+59%)
_____

FUTU Weekly $62-60 Puts
$62: 1.60-6.20 (+287%)
$61: 1.00-5.15 (+415%)
$60: .56-4.08 (+629%)
_____

SPY 03/14 $516-517 Calls
$516
: .06-.34 (+467%)
$517: .03-.14 (+367%)
_____

We also wanted to update the new highs on the COIN Puts that we signaled for observation in Wednesday morning’s premarket report. They tacked on a huge level of gains from those we reported in yesterday’s newsletter.

COIN Weekly $252.50-250 Puts
$252.50: 2.96-24.50 (+728%)
$250: 2.42-23.00 (+850%)


Fresh Options Ideas:
GCT Weekly $40 Calls
ADBE Weekly $510-500 Puts
ULTA Weekly $525-520 Puts
COIN Weekly $227.50-222.50 Puts
MARA Weekly $18.50-18 Puts


Extended Watchlist:
JTAI, FSR, VERB, GERN, GNS, MDAI, IGPK, PWDY, FLES

Wednesday’s Winners, 6 Fresh Options Plays

Reviewing Wednesday’s Movers:

It was a good day for the options picks we highlighted in yesterday morning’s premarket report, We included three sets of weekly options, and a potential swing trade on some longer-term targets. All three of our quick-strike ideas bore immediate fruit, and posted some nice intraday runs on their respective charts.

That trio of runners was the DLTR Weekly $145-142 Puts, the TSLA Weekly $177.50-172.50 Puts, and the COIN Weekly $252.50-250 Puts. These were the performances they recorded for Wednesday’s session:

DLTR Weekly $145-142 Puts
$145
: 11.50-17.83 (+55%)
$144: 11.91-16.53 (+39%)
$143: 9.97-16.00 (+60%)
$142: 9.25-15.27 (+65%)
_____

TSLA Weekly $177.50-172.50 Puts
$177.50
: 4.00-8.75 (+119%)
$175: 2.70-6.60 (+144%)
$172.50: 1.76-4.70 (+167%)
_____

COIN Weekly $252.50-250 Puts
$252.50: 2.96-8.43 (+185%)
$250: 2.42-7.55 (+212%)


Fresh Options Ideas:
TSLA Weekly $170-167.50 Puts
WB Weekly $10 Calls
DKS Weekly $195-197.50 Calls
FUTU Weekly $62-60 Puts
PATH Weekly $25-26 Calls
SPY 03/14 $516-517 Calls*

*Only experienced traders should attempt to trade options contracts on their day of expiration


Li-Cycle Holdings Corp. (NYSE:LICY) – Recap: 

We signaled interest in tracking LICY via our extended watchlist in yesterday’s report, and the stock made a really nice move on the day. It traded up from a low of .6537, and hit a daily high of .8997. That worked out to an intraday rise of 38% which is very respectable for a stock in this price range.


Extended Watchlist:
IGPK, CURO, FRST, SOUN, WIMI, CCTG, AAUD

Tuesday’s Plays, 4 New Possibilities

Recap of Tuesday’s Figures:

We included only a pair of potential options trading targets in yesterday morning’s premarket report, which is a little lighter of a load than usual. It just so happened that those were the earnings plays that we found more interesting in the premarket. We were able to see some nice intraday movement off of those ideas despite the small sample size.

Our possible targets for the day were the ADM Weekly $54-56 Calls, and the ORCL Weekly $125-128 Calls, and here were the numbers they recorded for Tuesday’s session: 

ADM Weekly $54-56 Calls
$54
: 3.20-4.35 (+36%)
$55: 2.00-2.85 (+42%)
$56: 1.20-1.90 (+58%)
_____

ORCL Weekly $125-128 Calls 

$125: 2.17-4.25 (+96%)
$126: 1.75-3.45 (+97%)
$127: 1.34-2.75 (+105%)
$128: .99-2.20 (+122%)


Fresh Options Ideas:
DLTR Weekly $145-142 Puts
TSLA Weekly $177.50-172.50 Puts
COIN Weekly $252.50-250 Puts
YORW 04/19 $35 Calls


Extended Watchlist:
IGPK, MOBQ, TONR, KTRA, NCNA, LICY, LSF