Options Recaps, Fresh Possibilities

A Good Day for Puts:  

It was a challenging day for the markets yesterday, as they experienced quite the bloodbath, and that did not bode particularly well for some of our bullish ideas, but fortunately, we had some bears on the docket as well and saw some very nice moves in those. Just the latest example of why we typically try to include a mixed bag of ideas as much as we can.

Our puts from yesterday were the UNFI 10/20 $15 Puts and the THO 10/20 $90 Puts, with the TSLA Weekly $245-242.50 Puts from Monday’s report tacking on some new highs for us as well. So the figures below represent yesterday’s activity on UNFI and THO, while the TSLA numbers reflect a two-day swing:


UNFI 10/20 $15 Puts
$15:
 .13-1.60 (+1131%)
_____

THO 10/20 $90 Puts
$90: .85-3.50 (+312%)
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TSLA Weekly $245-242.50 Puts
$245:
 4.70-7.05 (+50%)
$242.50: 3.74-5.70 (+52%)



Fresh Options Ideas:
MLKN 10/20 $22.50 Calls
COST Weekly $545-540 Puts
SPY 09/27 $426-427 Calls*

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


Extended Watchlist:
PIXY, CRDF, LIFW, GLTO, VINO, NYC, DNA

Wednesday’s Winners, 4 Fresh Ideas

Another Clean Options Sweep:  

Another day, another roundly successful set of options trading ideas. We formulated potential plays in four options chains in yesterday morning’s premarket report, and came back with four winners on the day. We’ve gotten to the point where we’d be shocked if the majority of our ideas didn’t work out to a certain extent on any given day.

Yesterday’s movers were the TGT Weekly $133-135 Calls, the TJX Weekly $87-88 Calls, the CAVA Weekly $50 Calls, and the JD Weekly $35-34.50 Puts. While the potential gains weren’t jaw-dropping, they were certainly very respectable, with a lot of meat on the bone for traders:

TGT Weekly $133-135 Calls
$133: 1.17-2.58 (+121%)
$134: .87-2.00 (+130%)
$135: .61-1.61 (+164%)
_____

TJX Weekly $87-88 Calls
$87: 1.61-3.07 (+91%)
$87.50: 1.03-2.62 (+154%)
$88: .97-2.26 (+133%)
_____

CAVA Weekly $50 Calls
$50: 1.36-2.20 (+62%)
_____

JD Weekly $35-34.50 Puts 
$35: .28-.79 (+182%)
$34.50: .15-.54 (+260%)


Fresh Options Ideas:
BILI Weekly $15.50-16 Calls
CSCO Weekly $54-55 Calls
AVT Weekly $46-48 Calls
BABA Weekly $89-92 Calls


Extended Watchlist:
TIVC, AHI, MODD, ASTI, SUNL, XWEL, RCRT, WE


Wednesday’s Impeccable Run, Today’s New Ideas

Clean Sweep on Options:

We posted another excellent performance yesterday in terms of the potential options ideas that we submitted for observation in our premarket report. We selected a four-pack of plays that had an interesting look in early trading and managed to squeeze some pretty good opportunities out of the whole lot of them.

The targets that we were tracking were the SAVA Weekly $47.50-48.50 Calls, the THO 10/21 $70-75 Calls, the FTNT 10/21 $45-50 Calls and the SPY 09/28 $363-365 Calls. We also saw another big day out of an idea from Tuesday’s report, the COST Weekly $485-490 Calls, so we’ll include yesterday’s figures on those as well.

SAVA Weekly $47.50-48.50 Calls
$47.50: 
2.68-5.21 (+94%)
$48: 2.54-4.75 (+87%)
$48.50: 2.36-4.00 (+69%)
_____

THO 10/21 $70-75 Calls
$70: 4.20-7.56 (+80%)
$75: 2.20-4.80 (+118%)
_____

FTNT 10/21 $45-50 Calls
$45: 4.59-5.40 (+18%)
$50: 1.60-2.45 (+53%)
_____

SPY 09/28 $363-365 Calls 
$363: 2.24-9.25 (+313%)
$364: 1.72-8.22 (+378%)
$365: 1.28-7.27 (+368%)
_____

COST Weekly $485-490 Calls
$485:
 2.39-9.50 (+297%)
$490: 1.58-6.25 (+296%)


Fresh Options Ideas:
BBBY Weekly $6.50-7.00 Calls
KMX 10/21 $75-70 Puts
RAD Weekly $7.00-6.50 Puts


Extended Watchlist:
WSRC, ESALY, SHMP, WDRP, TGLO, AIAD, HNRC, WINT, ZVO, AXLA, SNTI, ALPS