Midweek Movers, 4 New Possibilities

Wednesday’s Runners:

Wednesday was another solid outing for us. We hashed out a slate of four potential options trading ideas for our daily premarket report and were not displeased with the results. Each of the four targets recorded positive intraday movement,  with most providing strong opportunities for gains.

We were focused in on the ZS Weekly $139-137 Puts, the SMTC Weekly $180-185 Calls, the PDD Weekly $90-89 Puts, and the DKS Weekly $230 Calls, and here were their best runs of the session:

ZS Weekly $139-137 Puts
$139:
 4.66-13.20 (+183%)
$138: 4.37-12.25 (+180%)
$137: 3.61-11.75 (+225%)
_____

SMTC Weekly $180-185 Calls
$180:
 7.54-9.30 (+23%)
$185: 6.71-7.44 (+11%)
_____

PDD Weekly $90-89 Puts
$90:
 2.50-6.50 (+160%)
$89: 2.20-5.38 (+144%)
_____

DKS Weekly $230 Calls
$230: 5.00-7.25 (+25%)


Fresh Options Ideas: 
CRM Weekly $177.50-175 Puts
BURL Weekly $320-315 Puts
DLTR Weekly $105-110 Calls
BBY Weekly $70 Calls


Extended Watchlist:
NCT, ATPC, IOTR, ASTC, RKTO, JFB, SNYR, SNOW, MASK, CRSR, UMAC, QTEX, WGRX, GNS, PWRL

Thursday’s Activity, 4 New Friday Plays

Solid Outing on Thursday:

We kept the wave of success we’ve enjoyed this week going on Thursday, with another tight premarket report which contained possible targets in five options chains. It was a mixed bag of calls and puts, and while the bears certainly carried the day, we saw significant intraday upswings in each one of our designated targets.

Those were the SPY 02/12 $694-695 Calls, the MCD Weekly $327.50 Calls, the CSCO Weekly $82-81 Puts, the APP Weekly $425-422.50 Puts and the MU Weekly $425-427.50 Calls. Here were the best runs they recorded during Thursday’s session:

SPY 02/12 $694-695 Calls
$694:
 2.00-2.60 (+30%)
$695: 1.52-2.02 (+33%)
_____

MCD Weekly $327.50 Calls
$327.50: .34-5.80 (+1606%)
_____

CSCO Weekly $82-81 Puts
$82: 1.71-7.62 (+346%)
$81: 1.30-7.28 (+460%)
_____

APP Weekly $425-422.50 Puts
$425: 29.46-57.50 (+95%)
$422.50: 26.96-56.43 (+109%)
_____

MU Weekly $425-427.50 Calls
$425: 3.72-9.06 (+143%)
$427.50: 3.11-7.77 (+150%)


Fresh Options Ideas:
AMAT Weekly $360-365 Calls*
ANET Weekly $146-147 Calls*
ABNB Weekly $121-122 Calls*
COIN Weekly $152.50-155 Calls*

*Do not attempt to trade options contracts on their day of expiration unless you are an experienced trader


Extended Watchlist:
MLEC, MIMI, IVDA, CRSR, RIVN, TPH, IMUX, JDZG, AAPG, DXST, RIME

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