5 Fresh Options Picks & More

Wednesday’s Winners:

We made out pretty well with regard to the options ideas we hashed out for yesterday’s premarket report, with two out of our three picks making good moves. The third was a set of BALL calls with a November expiration, and typically when we go out further like that we expect a little bit of a turnaround time on the swing, so we’ll likely be coming back for that one.

As for our quick-strike movers, we had the SPY 10/11 $434-436 Calls and the PLUG Weekly $7-8 Calls in yesterday’s report, and here were the types of intraday moves and total possible gains they produced:

SPY 10/11 $434-436 Calls
$434: 
.48-3.15 (+556%)
$435: .21-2.16 (+929%)
$436: .04-1.11 (+2675%)
_____

PLUG Weekly $7-8 Calls
$7.00: .41-.68 (+66%)
$7.50: .16-.30 (+88%)
$8.00: .05-.11 (+120%)


Fresh Options Ideas:
DAL Weekly $36.50-37 Calls
WBA Weekly $22.50-23 Calls
FAST 10/20 $57.50-60 Calls
SPY 10/12 $436-437 Calls*
DPZ Weekly $350-345 Puts

*Please use caution when trading options contracts on their expiration date. It should only be attempted by experienced traders. 


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

We’ve also got a brief update on Tupperware, which we signaled in yesterday’s extended watchlist. The stock traded for as little as 1.66 and as much as 2.33 (+40%) yesterday. In the premarket today it has progressed even further to a high of 2.99 which represents an overall increase of 80%


Extended Watchlist:
OPGN, SECO, JAGX, RSLS, VS, CPHI, SOPA, DXF, TANH, LL, ICU

Thursday’s Perfect Picks, 4 Fresh Ideas for Friday

Closing Out the Week on a High Note:

We’re pleased to be wrapping up this week’s options recaps with a review of another flawless slate from yesterday morning’s premarket report. We’re finally heading into another big name earnings season, so things are going to be getting busy and exciting around here once again.

Yesterday’s most interesting earnings droppers were Pepsi and Delta, and with the help of a bullish session for the markets in general, our targets, the DAL Weekly $49-50 Calls and the PEP Weekly $185-187.50 Calls, saw the following huge intraday runs:

DAL Weekly $49-50 Calls
$49: 
.08-.28 (+250%)
$49.50: .04-.16 (+300%)
$50: .03-.10 (+233%)
_____

PEP Weekly $185-187.50 Calls
$185: .46-3.05 (+563%)
$187.50: .12-.90 (+650%)


Fresh Options Ideas:
MSFT Weekly $342.50-347.50 Calls*
UNH Weekly $460-465 Calls*
WFC Weekly $44.50-45.50 Calls*
C Weekly $48-49 Calls*

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


Extended Watchlist:
NKLA, ARBB, PRFX, AIMD, FREQ, EDTX, LUNR, EFSH, DRUG, ETHC, BGLC,  DMGGF, MRES

Fresh Earnings Related Options Ideas & More

SPY Rips, INTU Calls Push New highs:

We weathered the final day without big-name earnings reporters in the best way we know how yesterday. By focusing on the overall market trend and playing the SPY. We offered some longer term ideas as well, but the SPY Calls were the main event for our premarket report.

In addition to our quick-strike targets in the , we also saw some incredible new highs from the SPY 07/12 $443-445 Calls, which we had just given an update on the INTU Weekly $460-465 Calls, in yesterday’s report. Those calls recorded some incredible new highs on the day. Here’s how those targets performed during Wednesday’s session:

SPY 07/12 $443-445 Calls
$443: 
2.14-3.75 (+75%)
$444: 1.35-2.76 (+104%)
$445: .73-1.79 (+145%)
_____

INTU Weekly $460-465 Calls
$460: 
4.00-18.30 (+357%)
$462.50: 3.30-16.00 (+385%)
$465: 4.00-13.60 (+240%)


Fresh Options Ideas:
DAL Weekly $49-50 Calls
PEP Weekly $185-187.50 Calls


Extended Watchlist:
BGLC, IMHC, JZXN, SNAL, SXTP, VINE, AIGS, QNCX