Huge Day for Options on Friday:
We really cleaned up on Friday with the slate of options ideas we brought to the table in our premarket report. We had a good a variety of targets, all bullish, and the markets rocked for the vast majority of the session, which led to some really respectable intraday gain opportunities for ourselves, and anyone else who was paying attention. Five for five on solid winners, to finish off the week with a clean sweep!
Our interests for the day were the SPY 11/11 $395-396 Calls, the TSM Weekly $71-73 Calls, the AMZN Weekly $97-98 Calls, the TOST 11/18 $22.50 Calls and the DOCS 11/18 $32.50 Calls. Each and every contract produced multibag runs of a significant magnitude. Here’s the rundown of their trading ranges and the total potential gains that resulted:
SPY 11/11 $395-396 Calls
$395: .96-4.38 (+356%)
$396: .63-3.36 (+433%)
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TSM Weekly $71-73 Calls
$71: 1.45-3.50 (+141%)
$72: .71-2.40 (+238%)
$73: .24-1.34 (+458%)
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AMZN Weekly $97-98 Calls
$97: .83-4.20 (+406%)
$98: .45-3.20 (+611%)
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TOST 11/18 $22.50 Calls
$22.50: .25-.70 (+180%)
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DOCS 11/18 $32.50 Calls
$32.50: .45-3.34 (+642%)
Fresh Options Ideas:
TSEM Weekly $41-43 Calls
MNDY Weekly $105-115 Calls
YOU Weekly $25 Calls
Extended Watchlist:
QNGY, ZVOI, LVGI, AMIH, BABYF, PDSB, FRGT, AMC, SEV, TBLT