Excellent Finish to a Great Trading Week

Yesterday’s Big Movers:

We’re pleased to be able to finish out the week on yet another clean sweep of options plays. The targets we marked in yesterday morning’s report were a mixed bag of weekly and longer-term plays, as well as a mix of bullish and bearish ideas. In each and every case, we saw some very nice intraday activity which could have facilitated some serious gains.

Our daily interests were the NVDA Weekly $385-395 Calls, the SPLK Weekly $103-105 Calls, the NTNX 06/16 $30 Calls, the DLTR Weekly $138-136 Puts and the BBY Weekly $71-73 Calls. We didn’t miss on a single target, carrying us into the long holiday weekend on an very high note. Here’s how our plays for yesterday did in terms of total possible profits for traders:

NVDA Weekly $385-395 Calls
$385:
 4.44-12.68 (+186%)
$387.50: 3.68-11.09 (+201%)
$390: 2.91-9.60 (+230%)
$392.50: 2.41-8.20 (+240%)
$395: 1.91-7.00 (+266%)
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SPLK Weekly $103-105 Calls
$103: .67-1.65 (+146%)
$104: .37-1.23 (+232%)
$105: .19-.86 (+352%)
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NTNX 06/16 $30 Calls
$30: .50-1.05 (+110%)
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DLTR Weekly $138-136 Puts
$138: .50-2.02 (+304%)
$137: .34-1.64 (+382%)
$136: .30-.87 (+190%)
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BBY Weekly $71-73 Calls
$71:
 .44-.95 (+116%)
$72: .20-.48 (+140%)
$73: .09-.20 (+122%)


Fresh Options Ideas:
PDD Weekly $66-69 Calls*
ULTA Weekly $445-435 Puts*
MRVL Weekly $57-58 Calls*
WDAY Weekly $212.50-217.50 Calls*

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


Extended Watchlist:
ELEV, SFR, EFTR, SHPH, ONFO, ONCR, QH, CNNA, VPLM

Options Gainers Across the Board, New Ideas

Options Gainers Across the Board:

The markets were back to the doldrums yesterday, gapping down to start and never getting back above water on the session, but that didn’t stop us from scoring some decent gain chances with the options ideas in our premarket report. Not all of those potential gains were earth-shattering, but several were extremely solid, and the remainder was respectable.

We were tracking the NTES Weekly $98-100 Calls, which put forth the moderate opportunities, while the WOOF Weekly $15-16 Calls, and the ZM Weekly $91.50-93 Calls fared quite a bit better, as they logged extra large multi-bag spikes on the day. Take a look at the figures from these successful plays below:

NTES Weekly $98-100 Calls
$98:
 1.25-1.88 (+50%)
$99: .95-1.41 (+48%)
$100: .80-1.15 (+44%)
_____

WOOF Weekly $15-16 Calls
$15: .20-.70 (+250%)
$15.50: .15-.40 (+167%)
$16: .05-.25 (+400%)
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ZM Weekly $91.50-93 Calls
$91.50: 2.77-7.25 (+162%)
$92: 2.48-7.20 (+190%)
$93: 2.20-6.44 (+193%)


Fresh Options Ideas:
TOL Weekly $44-46 Calls
DKS Weekly $65-63 Puts
JWN Weekly $21-22 Calls 


Extended Watchlist:
IGEX, INTK, PMETF, ABML, GNCA, MICS, HAPP, ELEV, MOTS,