Friday’s Hot Plays, Fresh Ideas to Start the Week

Recapping Friday’s Performance:

Good Monday to all of our readers new and old- we hope everyone is refreshed from the weekend and ready to rock. We’re jumping back in the saddle for yet another exciting week of options opportunities, but like always, we first want to go over how we finished out last week with the numbers from Friday’s potential trading ideas.

Our winning targets from Friday were the ULTA Weekly $425-435 Calls, the DELL 09/16 $42.50-47.50 Calls, the WDAY Weekly $185-180 Puts,and the JKS 09/16 $60 Calls, and here were the types of intraday movements and total possible gains they produced:

ULTA Weekly $425-435 Calls
$425: 
4.39-10.33 (+135%)
$430: 2.72-7.06 (+160%)
$435: 1.46-4.19 (+187%)
_____

DELL 09/16 $42.50-47.50 Calls
$42.50: 2.05-2.92 (+42%)
$45: .78-1.38 (+77%)
$47.50: .21-.56 (+167%)
_____

WDAY Weekly $185-180 Puts
$185: 11.00-19.09 (+73%)
$180: 3.70-12.78 (+245%)
_____

JKS 09/16 $60 Calls
$60: 4.47-5.60 (+25%)


Fresh Options Ideas:
PDD Weekly $61-62 Calls
CTLT Weekly $100-95 Puts
SPY 08/29 $405-403 Puts


 Green Globe International, Inc. GGII – Recap:

Also in Friday’s premarket report was a tag of GGII in our extended watchlist, and we wanted to circle back to review the kind of move it recorded on the day. From a low of .0064, the stock punched through the barrier from subpenny into penny-plus territory en route to its daily high of .0136, which represented an intraday pop of 112%


Extended Watchlist:
GSFI, QEDN, FRTG, CVSI, SEII, CLIS

Five Fresh Plays to Close Out a Good Week

Solid Options Runners from Thursday:

While we didn’t quite get a clean sweep on our earnings related options ideas in yesterday morning’s premarket report, we did manage to find some fairly big runners in three out of the five selections we made for the day. The SPY Calls stood out, with the markets logging a seriously bullish session all day long, which facilitated some solid double bag runs, but the ideas we had in SNOW were the real winners.

The quick-strike targets that really produced for us were the SPY 08/26 $413-415 Calls, the SNOW Weekly $187.50-192.50 Calls, and the DLTR Weekly $155-150 Puts, which recorded the following intraday activity:

SPY 08/26 $413-415 Calls
$413: 
3.55-7.20 (+103%)
$414: 2.94-6.35 (+116%)
$415: 2.43-5.56 (+129%)
_____

SNOW Weekly $187.50-192.50 Calls
$187.50: 3.10-10.16 (+228%)
$190: 2.50-8.60 (+246%)
$192.50: 2.00-6.80 (+240%)
_____

DLTR Weekly $155-150 Puts
$155: 4.50-8.28 (+84%)
$152.50: 3.25-6.00 (+84%)
$150: 2.28-4.60 (+102%)


Fresh Options Ideas:
ULTA Weekly $425-435 Calls*
DELL 09/16 $42.50-47.50 Calls
WDAY Weekly $185-180 Puts*
JKS 09/16 $60 Calls

*Trading options on their day of expiration can carry a heightened level of risk and should only be attempted by seasoned traders!


Extended Watchlist:
GGII, CVSI, AABB, CZNI, TGGI, FRTG, GTCH, DRUG, BXRX, AVCT, FHS

Reviewing Options Success, New Targets

Winning Options Review:

It would seem that more often than not, especially recently, that we turn in a full slate of successful options ideas, and yesterday was no exception to that. We floated three potential options ideas to track in our premarket report yesterday morning, and all three came back with positive performances on the day. Those were the CRM Weekly $170-175 Calls, the VSCO 06/17 $45 Calls, and the CPRI Weekly $49-52 Calls.

We also mentioned yesterday that we’d hold off on a successful idea from Tuesday’s report, the DELL 06/17 $50-52.50 Calls, and after another solid day it tacked onto those gains. Here are the two-day swing figures from that target, as well as the single session moves made by our trio of fresh plays from yesterday.

CRM Weekly $170-175 Calls
$170: 
5.85-9.15 (+56%)
$172.50: 6.15-12.08 (+69%)
$175: 2.69-4.92 (+83%)
_____

VSCO 06/17 $45 Calls
$45: 1.75-2.75 (+57%)
_____

CPRI Weekly $49-52 Calls
$49: 1.24-2.02 (+63%)
$50: .75-1.49 (+99%)
$51: .35-.65 (+86%)
$52: .30-.52 (+73%)
_____

DELL 06/17 $50-52.50 Calls
$50: .90-2.45 (+172%)
$52.50: .32-1.07 (+234%)


Fresh Options Ideas:
CHWY Weekly $26.50-28 Calls
PSTG Weekly $25-26 Calls
ENR 08/19 $30-35 Calls


Extended Watchlist:
VRUS, MAPT, PACV, SFOR, CYAP, AFIIQ, MF, IMMX, BTOG, RPTX, PDSB, 

AAPL, TSLA Forward Splits

Options Review:

Out of our options ideas in Friday’s report, the two targets that would have paid off the most were the WDAY Weekly $235-245 Calls and the DELL Weekly $62.50-65 Calls
and especially in the WDAY day, we saw considerable multibag moves on the day.

So we’re going to kick off this fresh trading week by going over the total possible gains on those plays, which were as follows:  

WDAY Weekly $235-245 Calls
$235:
 5.54-13.78 (+300%)
$240: 2.36-8.90 (+277%)
$245: .38-3.99 (+950%)
_____

DELL Weekly $62.50-65 Calls
$62.50:
 3.85-5.09 (+32%)
$65: 2.40-3.36 (+40%)


Fresh Options Ideas:

We’ll go ahead and keep the options train chugging along the tracks this morning.  Despite not having a very full boat on the earnings calendar today, TSLA and AAPL have both undergone forward splits today on the heels of setting new record highs. We are going to formulate a couple of ideas to correspond with the new PPS values.

TSLA Weekly $447-455 Calls
AAPL Weekly $125-127.50 Calls


Extended Watchlist:
ALYI, AABB, AIMT, AAWC, BANT, CMGO,

Wrapping Up a Successful Week

Options Review:

The three short-term options trading ideas that we formulated for yesterday morning’s premarket report were in the BURL, TIF, and DG chains on the heels of the three big name companies reporting their quarterly earnings figures.

In each case, we were able to witness noteworthy intraday gains, most of which did reach multibag gainer status on the day:

BURL Weekly $195-197.50 Calls
$195:
 4.24-9.78 (+131%)
$197.50: 3.00-6.50 (+117%)
_____

TIF Weekly $122-123 Calls
$122:
 .82-1.94 (+137%)
$123: .80-1.40 (+75%)
_____

DG Weekly $205 Calls
$205:
 .50-1.75 (+250%)

These successful picks mark the continuation of what has been a very productive month of August for us. The vast majority of the ideas we have put forth have subsequently recorded multibag jumps.


Fresh Options Ideas:
DELL Weekly $62.50-65 Calls
WDAY Weekly $235-245 Calls
ULTA Weekly $245-260 Calls


Extended Watchlist:
NOVN, VSTM, BRTXQ, AXXA, CMGO, TLSS, BBRW, DLOC

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