5 Sets of Options Ideas & More

Options Reviews: 

First item on our to-do list this morning is to review our winning options ideas from yesterday morning’s premarket report. Two of our designated sets of potential trading targets turned in multibag performances on the day, in what was a session of mixed results for the markets in general.

Our winning selections were the HD Weekly $342.50-335 Puts, and the DWAC Weekly $92-96 Calls, which both came off of the daily earnings play list. We went short on Home Depot and long on DWAC, and here were the intraday results on those ideas:

HD Weekly $342.50-335 Puts
$342.50:
 10.63-29.87 (+181%)
$340: 7.80-27.44 (+252%)
$337.50: 8.25-23.35 (+183%)
$335: 5.00-21.10 (+322%)
_____

DWAC Weekly $92-96 Calls
$92: 3.50-7.50 (+114%)
$93: 3.25-7.00 (+100%)
$94: 3.10-6.83 (+120%)
$95: 2.87-6.33 (+121%)
$96: 2.60-5.78 (+122%)


Fresh Options Ideas: 
AWK 3/18 $150-155 Calls
TJX Weekly $65-63 Puts
LOW Weekly $217.50-222.50 Calls
PANW Weekly $495-505 Calls
OSTK Weekly $41-44 Calls


Extended Watchlist:
REVB, IMPP, INDO, MULN, TEN, ICOA, INND, NXMR, ZNOG, 

Kicking Off the Short Trading Week

Another Flawless Options Outing: 

We’re ready to kick things off on this holiday shortened trading week, and we hope everyone had a pleasant long weekend and is ready to dive right back into the the thick of things! We closed out last week on a high note, with all three of our designated options ideas in Friday morning’s premarket report producing multibag runs for us.

We were tracking the ROKU Weekly $115-112 Puts, the DE weekly $380-385 Calls, and the DKNG Weekly $21-20 Puts. Thanks in part to mixed results for the markets over the course of the session, we observed the following moves in our tracked contract sets regardless of whether we were long or short:

ROKU Weekly $115-112 Puts
$115:
 3.29-12.45 (+278%)
$114: 3.08-11.20 (+263%)
$113: 2.74-10.21 (+273%)
$112: 2.40-9.40 (+292%)
_____

DE weekly $380-385 Calls
$385: 1.40-5.25 (+275%)
$382.50: .98-6.00 (+512%)
$380: 1.89-8.30 (+339%)
_____

DKNG Weekly $21-20 Puts
$21: 1.66-3.75 (+126%)
$20: .89-2.77 (+211%)


Fresh Options Ideas:
HD Weekly $342.50-335 Puts
WMB Weekly $30-31 Calls
DWAC Weekly $92-96 Calls
PBR Weekly $14-15 Calls


Extended Watchlist:
CIOXY, EVLI, AMLH, CGSI, SGTB, SYSX, PHUN, OCGN, IMPP, HMHC, 

Trend-Bucking Runners & More

Options Reviews:

Despite a really tough day of selling off for the markets as a whole, we still fared pretty well with our fresh ideas in yesterday morning’s premarket report. With the exception of a longer term idea on ASAN that will need some more time to mature, everything else posted some good intraday figures.

We’re talking about the PFSI 12/17 $65 Calls, BBW 12/17 $17.50 Calls, and the AMBA Weekly $197.50-207.50 Calls. Here were the intraday moves and total possible gains on the session for those targets:

PFSI 12/17 $65 Calls 
$65: .70-2.05 (+192%)
_____

BBW 12/17 $17.50 Calls
$17.50:
 1.90-5.70 (+200%)
_____

AMBA Weekly $197.50-207.50 Calls 

$197.50: 12.95-28.50 (+120%)
$200: 9.10-26.82 (+194%)
$202.50: 11.30-22.00 (+95%)
$2055: 7.77-22.58 (+191%)
$207.50: 6.90-20.80 (+201%)
_____

Fresh Options Ideas:
KR Weekly $41-42 Calls
SNOW Weekly $335-350 Calls
OKTA Weekly $197.50-205 Calls


Susglobal Energy Corp. (OTCQB:SNRG) – Update:

As we were just mentioning, the markets took a real beating yesterday, but despite that fact, SNRG recorded a respectable intraday move running 33% from .21-.28 on the day. It also registered the third biggest volume day since we began tracking it at the beginning of last month. This came just a day after the company was featured in a write-up posted to USA TODAY’s website, as we mentioned in Tuesday morning’s premarket report.

As you can see on the chart below, SNRG has been steadily building higher base levels of support over the last several weeks and indicators seem to suggest that the days and weeks ahead could get very interesting. Stay tuned for more updates as they become necessary.


Extended Watchlist:
CFVI, PHUN, DWAC, ABUS, OMER, BA, TGGI, QMEI,