Another Week of Solid Options Winners

Another Perfect Day for Options:

We scored major points with yesterday’s earnings plays, of which there were several. We took a stab at four separate ideas, and came out with intraday runners all the way across the board, continuing what has been a fantastic week of options trading opportunities. The markets themselves put up a mixed bag performance yesterday, but ran hard out of the opening gate and helped give our targets a push in the right direction.

Our areas of focus for the session were the DIS Weekly $120-123 Calls, the BROS Weekly $46-48 Calls, the BAM 08/19 $50-55 Calls, and the SPY 08/12 $424-425 Calls. They all performed rather well on the day with the following moves and total possible intraday gains:

DIS Weekly $120-123 Calls
$120:
 .62-1.21 (+81%)
$121: .39-.81 (+108%)
$122: .26-.54 (+108%)
$123: .16-.34 (+112%)
_____

BROS Weekly $46-48 Calls
$46: 3.79-8.00 (+111%)
$47: 2.54-7.10 (+180%)
$48: 2.31-6.32 (+174%)
_____

BAM 08/19 $50-55 Calls
$50: 3.30-4.20 (+27%)
$55: .20-.52 (+160%)
_____

SPY 08/12 $424-425 Calls
$424: 1.38-2.53 (+83%)
$425: 1.03-1.98 (+92%)


Fresh Options Ideas:
SPY 08/12 $420-421 Calls*
ILMN Weekly $200-195 Puts*
RIVN Weekly $38.50-39.50 Calls* 

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


 INKW – OTC Recap:

Finishing off with another OTC recap this morning, we have an update concerning INKW. We flagged this play for observation last Thursday, and have since witnessed a move from .0056-.0146 which marks a very respectable run of 161% in the span of one trading week.


Extended Watchlist:
TGHI, BLFR, PKKFF, HVCW, BRBL, TGGI, LCLP, WPKS, UBX, NEPT, AEY, VEEE

Excellent Options Plays, More New Ideas

Wednesday’s Options Excellence:

We continued the excellent progress we’ve made on the options trading front yesterday, after having signaled five sets of ideas for our readers for the morning’s premarket report. Out of the five targets, not one of them failed to produce opportunities for us to get ahead on the day.

We were zeroed in on the RBLX Weekly $44-42.50 Puts, the TTD Weekly $63-65 Calls, the COIN Weekly $87-90 Calls, the PLUG Weekly $24-25 Calls, and the U Weekly $49.50-52 Calls. from yesterday’s earnings calendar, and thanks in part to a largely green session for the markets in general, they enjoyed the following intraday runs and total possible gains.

RBLX Weekly $44-42.50 Puts
$44: 
1.75-3.01 (+72%)
$43.50: 1.83-2.72 (+49%)
$43: 1.38-2.45 (+78%)
$42.50: 1.21-2.20 (+82%)
_____

TTD Weekly $63-65 Calls
$63: 
7.05-11.85 (+68%)
$64: 7.00-11.18 (+60%)
$65: 5.10-10.46 (+105%)
_____

COIN Weekly $87-90 Calls
$88: 
4.95-8.95 (+81%)
$89: 4.69-8.62 (+84%)
$90: 4.15-8.00 (+93%)
_____

PLUG Weekly $24-25 Calls
$24: 
2.42-5.23 (+116%)
$24.50: 1.92-4.73 (+146%)
$25: 1.40-4.30 (+207%)
_____

U Weekly $49.50-52 Calls
$49.50: 
3.80-6.00 (+58%)
$50: 2.56-5.85 (+129%)
$51: 2.15-4.90 (+128%)
$52: 1.75-4.10 (+134%)


Fresh Options Ideas: 
DIS Weekly $120-123 Calls
BROS Weekly $46-48 Calls
BAM 08/19 $50-55 Calls
SPY 08/12 $424-425 Calls


Industrial Nanotech Inc. INTK – OTC Recap: 

We’ve also got a quick review this morning of an OTC play we’ve been monitoring. We recently called INTK as it was coming off a bottom toward the end of July, subsequent to to which point the stock came down as low as .008. After a very nice run yesterday, it topped out at .00172, which represents a solid double-bag increase of 115%

Another Flip on the SPY, Fresh Ideas

Options Review: 

It has been a stellar week for options trading, despite the markets having their hiccups. Yesterday was another mixed bag in terms of the overall sentiment, but both of the quick strike options plays we were tracking in our premarket report produced immediate results for us. The volatility afforded by recent market conditions has been a real plus for daytraders.

Our designated targets for yesterday’s session were the SPY 05/13 $392-389 Puts, and the DIS Weekly $101-98 Puts, and there were multi-bag intraday opportunities across the board in both ranges. Below, we’re going to flip our stance on the SPY as well, something we’ve done successfully many times in recent sessions, so be sure to read on past yesterday’s performance figures to find those fresh targets.

SPY 05/13 $392-389 Puts
$392:
 2.40-8.02 (+197%)
$391: 2.02-7.30 (+262%)
$390: 1.74-6.60 (+279%)
$389: 1.47-5.90 (+301%)
_____

DIS Weekly $101-98 Puts
$101:
 .36-.95 (+164%)
$100: .23-.66 (+187%)
$99: .16-.43 (+169%)
$98: .11-27 (+145%)


Fresh Options Ideas:
SPY 05/13 $395-398 Calls*
AFRM Weekly $23.50-25 Calls*
SBUX Weekly $70-72.50 Calls*

**Please don’t try to trade options on their day of expiration unless you are well-versed in options trading! 


Extended Watchlist:
MULN, OTRA, ALNA, CALA, PTE, HOOD, MYSZ, SYSX, IGEX, TGGI, ENZC, DMAN, NSAV, SFOR