Tag: DUK

Clean Sweep on Options, New Plays

Options Recaps:

We came in fresh off of the 4th of July holiday yesterday morning, and despite having zero big name earnings reporters to work with, we still put together a slate of four potential options plays that all turned in good performances on the day. Today is going to be similarly challenging in that regard, but as always we’ll strive to ID whatever is worth a look.

In yesterday’s case, we swept the board with all four of our selections. They were the SPY 07/05 $441-442 Calls, the AMD Weekly $115-116 Calls, the DUK 08/18 $90-95 Calls, and the RIVN Weekly $20.50-21 Calls. Here is the breakdown of the moves they made for us on the session:

SPY 07/05 $441-442 Calls
$441: 1.46-2.87 (+97%)
$442: .66-1.75 (+165%)

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AMD Weekly $115-116 Calls
$90: 1.26-1.62 (+29%)
$90: .89-1.19 (+34%)
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DUK 08/18 $90-95 Calls
$90: 2.70-3.81 (+41%)
$90: .40-1.10 (+175%)
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RIVN Weekly $20.50-21 Calls
$20.50: .25-.59 (+136%)
$21: .17-.39 (+112%)

Fresh Options Ideas:
AFL 07/14 $71-70 Puts
INDB 08/18 $45 Calls

Extended Watchlist:
MULN, BTAI, CRBU, MCOM, VYBE, BGLC, APTY 

Half-Day Holiday Runners, 4 New Ideas

Pre-Holiday Movers:

We left things off Monday morning in anticipation of a fairly subdued half-day of trading, but we still managed to find some good runners which provided fairly solid intraday opportunities. Apart from the pair of August ideas that were also included, which we’ll continue to keep an eye on in coming weeks, everything we highlighted made good moves for us.

Those plays were the LCID Weekly $7 Calls, the TSLA Weekly $265-275 Calls, and the DIS 07/21 $90 Calls, and here were the respectable runs they registered for Monday’s half-session.

LCID Weekly $7 Calls
$7: .26-.54 (+107%)
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TSLA Weekly $265-275 Calls
$265: 11.00-20.52 (+87%)
$267.50: 11.30-18.45 (+63%)
$270: 9.05-16.46 (+82%)
$272.50: 9.25-14.55 (+57%)
$275: 6.20-12.80 (+106%)
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DIS 07/21 $90 Calls
$90: 1.40-2.39 (+71%)

Fresh Options Ideas:
SPY 07/05 $441-442 Calls*
AMD Weekly $115-116 Calls
DUK 08/18 $90-95 Calls
RIVN Weekly $20.50-21 Calls

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

Extended Watchlist:
IMBI, IMPL, CCCC, WOLF, MP, HNRC,

Recent Performers

S&P 500 ETF Trust (SPY) – Recap

Our main winner from Friday morning’s premarket report was our idea for the SPY. The markets saw an early rip out of the gate before pulling back, running once again, and eventually tapering off into the close.

As a result of the activity we observed, our designated contract sets experienced two separate and significant surges on the day. Here are the total possible gains afforded by the moves that occurred:

SPY 07/02 $313-314 Calls
$313: 1.88-4.22 (+47%) | .67-1.55 (+47%)
$314: 1.28-2.10 (+49%) | .36-.77 (+47%)

Other Recent Winners:

Plug Power Inc. PLUG – We also want to begin this fresh trading week by re-highlighting PLUG, which we most recently talked about on June 24th. Subsequent to that report, the stock traded for as little as 6.91 a share, and on Friday the stock attained a new high of 9.65. This morning in the premarket we’ve seen shares change hands for 10.09.

That puts our total observed increase on PLUG in under two weeks at a respectable 46% and warrants further attention going forward.
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Overstock.com Inc. OSTK – Another recent performer we’ve been hot on the trail of is OSTK, which we mentioned quite a bit back in May. Since then, OSTK has done little else other than climb its way to new highs week after week.

When we first alerted on OSTK it was trading at 15.45, and to close out the short week on Thursday, the stock had hit 39.38. That works out to a 2-month upswing of 155%

Extended Watchlist:
UBER, BA, UONEK, DUK, LMFA BLDP, FCEL, NIO, BLNK