Friday’s Big Winners, Fresh Plays to Start the Week

Friday Runners Recap: 

We closed out the short trading week on Friday in high spirits, after our morning options trading ideas bore an incredible amount of fruit. We had only signaled interest in tracking two potential sets of targets, but that was more than enough of a selection to see some serious intraday gain opportunities.

We were zeroed in on the SQ Weekly $77-79 Calls, and the BYND Weekly $18-19 Calls, and were very impressed with the intraday movement in every single contract set. We went six-for-six on the day with the lowest upswing coming in at 300% and the highest topping 800% Just the sort of finish to a week that we love to have, and here are the performance figures they posted on the day:

SQ Weekly $77-79 Calls
$77:
 .20-1.05 (+425%)
$78: .11-.50 (+354%)
$79: .06-.24 (+300%)

BYND Weekly $18-19 Calls

$18: .90-4.55 (+405%)
$18.50: .41-4.07 (+893%)
$19: .80-3.59 (+348%)


Fresh Options Ideas:
LI Weekly $23.50-24.50 Calls
TSLA Weekly $200-202.50 Calls
SPY 02/27 $398-399 Calls*

*Please refrain from attempting to trade options contracts on their day of expiration unless you are a seasoned trader with access to disposable funds


Extended Watchlist:
LHDX, AWIN, OBSV, MLEC, CFRX, RUBY, FAGI, CYBL, RLLCF

More Big Name Earnings Reports, More Options Ideas

Yesterday’s Options Runners:

We cast a fairly wide net yesterday with respect to the number of potential targets we were monitoring, with five ideas on the daily slate in our premarket report. Despite another rough ride for the markets in general, most of those targets put forth early gain opportunities. Our bearish sentiment on Carvana of course led to the best chances.

The specific targets were the CVNA Weekly $91-88 Puts, the CSX Weekly $35-37 Calls, and the TSLA Weekly $1040-1060 Calls. and the possible intraday gains ranged from moderate to excellent. Here were the trading ranges they registered:

CVNA Weekly $91-88 Puts
$91: 
2.90-11.71 (+304%)
$90: 2.80-10.70 (+282%)
$89: 3.17-9.47 (+199%)
$88: 2.25-8.70 (+287%)
_____

CSX Weekly $35-37 Calls
$132: 
1.62-2.50 (+54%)
$133: 1.00-1.60 (+60%)
_____

TSLA Weekly $1040-1060 Calls 
$1040: 30.75-52.72 (+71%)
$1045: 27.45-48.29 (+76%)
$1050: 23.51-44.25 (+88%)
$1055: 21.91-40.00 (+83%)
$1060: 18.41-36.10 (+96%)


Fresh Options Ideas:
KMB Weekly $130-134 Calls*
SLB Weekly $40.50-41.50 Calls*
HCA Weekly 245-237.50 Puts*
SNAP Weekly $29-30 Calls*

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


Extended Watchlist:
TXTM, FAGI, GDSI, VLON, MITQ, IGDX, NVSGF, PMETF, CGSI