End of Week Runners, 5 Fresh Targets

Great Way to Finish Out the Week:  

We always enjoy it when we can end a trading week on a positive note, and that’s just what we get to do today after our options performance yesterday left nothing to be desired. We formulated an array of five separate options plays, and each one of them produced some good intraday activity, and thus chances for some intraday success stories.

Our winners from our premarket report yesterday morning were the CRM Weekly $225-230 Calls, the CRWD Weekly $150-152.50 Calls, the OKTA Weekly $80-82 Calls, the CIEN 09/15 $45-50 Calls and the SPY 08/31 $451-452 Calls. As we said, they all turned in impressive cards on the session, making the following intraday runs:

CRM Weekly $225-230 Calls
$225:
.56-1.20 (+114%)
$227.50: .27-.55 (+104%)
$230: .13-.25 (+92%)
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CRWD Weekly $150-152.50 Calls
$150: 4.45-14.15 (+218%)
$152.50: 3.10-11.59 (+274%)
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OKTA Weekly $80-82 Calls
$80: 1.31-6.51 (+397%)
$81: 1.04-5.60 (+438%)
$82: .76-4.62 (+508%)
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CIEN 09/15 $45-50 Calls
$45: 3.25-5.27 (+62%)
$50: .60-1.35 (+125%)
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SPY 08/31 $451-452 Calls
$451: .42-1.30 (+210%)
$452: .15-.55 (+267%)


Fresh Option Ideas:
ESTC 09/15 $70-75 Calls
NTNX 09/15 $35-37.50 Calls
MDB Weekly $395-400 Calls
DELL Weekly $61-63 Calls
LULU Weekly $387.50-392.50 Calls


Extended Watchlist:
EOSE, NVOS, AXLA, MEDS, LGHL, TCNNF, CURLF, CRBLF, ARDS

Closing Out a Great Week with Strength

Thursday Options Recap:

We have been rolling right along on the options front this week, coming up with four sets of winning ideas in each of last three consecutive sessions. In our premarket report for Thursday morning, we provided readers with a varied set of potential targets to watch, and once again, all four yielded intraday gain opportunities. We are very proud to be able to come up with good ideas on a daily basis for our readers the vast majority of the time, and we certainly upheld that standard this week.

We were focused on the GIII 12/16 $17.50-15 Puts, the DG Weekly $245-240 Puts, the SPLK Weekly $83-85 Calls, and the SNPS Weekly $360-370 Calls. The markets as a whole experienced somewhat of a choppy session, but our items of interest produced the following intraday runs and profit chances:

GIII 12/16 $17.50-15 Puts
$17.50:
5.00-5.55 (+11%)
$15: 2.50-3.20 (+28%)
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DG Weekly $245-240 Puts
$245: 6.00-14.10 (+135%)
$242.50: 5.50-10.72 (+95%)
$240: 4.10-9.30 (+126%)
_____

SPLK Weekly $83-85 Calls
$83: 3.45-8.80 (+155%)
$84: 2.59-7.60 (+193%)
$85: 2.07-6.61 (+219%)
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SNPS Weekly $360-370 Calls
$360:
 6.50-8.40 (+29%)
$370: 2.45-4.70 (+92%)


Fresh Options Ideas:
ZS Weekly $131 Puts
MRVL Weekly $43.50-42.50 Puts
ULTA Weekly $470-475 Calls
SMAR 12/16 $35-40 Calls


Extended Watchlist:
ASTA, PMOMF, IGEX, PRDL, PVCT, BRLL, AVXL, RIGL, SOXS, RMED, TOPS, EOSE

Massive Options Movers & More

Enormous Options Gainers:

We took advantage of the SPY with supreme accuracy yesterday. In the early morning, it appeared as if futures would rise, but that was curtailed by some poor economic reports shortly before we sent out our newsletters. We flipped over to the bearish side of things for a fresh target and with the help of a deleterious session for the markets in general, it turned out to be the exact right choice.

We were tracking those SPY 09/14 $406-404 Puts, as well as the CNM Weekly $25 Calls, and witnessed huge intraday gains in both cases. We also have an update on a longer-term play from last week, when we called the GTLB 09/16 $50 Calls on Tuesday morning. Those subsequently posted multibag opportunity as well. All in all, we’ve offered up ideas that have absolutely performed as well or better than one could’ve hoped.

SPY 09/14 $406-404 Puts
$406: 
4.51-14.00 (+210%)
$405: 3.90-13.00 (+233%)
$404: 3.36-12.00 (+257%)
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CNM Weekly $25 Calls
$25: .05-.85 (+1600%)
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GTLB 09/16 $50 Calls
$50: 1.24-11.70 (+844%)


Fresh Options Ideas:
DOOO Weekly $70-75 Calls
STX 10/14 $67-68 Calls


Extended Watchlist:
ATNF, ASTE, ADTX, KERN, BIAF, CLBS, EOSE, GEGI, BNOW