Thursday in Review, 4 Friday Plays

Options Recap:

We enjoyed the performance of the four potential options plays we were tracking in our premarket report for Thursday’s trading session. It has been a solid week of gain potential and that held true in this case as well.

We were focused on the NVDA Weekly $220-222.50 Calls, the CRM Weekly $222.50-225 Calls, the CRWD Weekly $205-207.50 Calls, and the DG Weekly $129-130 Calls. They yielded the following intraday profit chances:

NVDA Weekly $220-222.50 Calls
$220:
 7.95-14.25 (+79%)
$222.50: 6.81-12.43 (+83%)
_____

CRM Weekly $222.50-225 Calls
$222.50: 9.80-31.52 (+221%)
$225: 8.25-28.75 (+248%)
_____

CRWD Weekly $205-207.50 Calls
$205: 4.33-23.80 (+447%)
$207.50: 3.44-21.51 (+525%)
_____

DG Weekly $129-130 Calls
$129: 2.00-4.11 (+105%)
$130: 1.54-2.81 (+82%)


Fresh Options Ideas:
MRVL Weekly $225-222.50 Puts*
ADSK Weekly $260 Puts*
WDAY Weekly $195 Calls*
RBRK Weekly $103-102 Puts*

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


Extended Watchlist:
OKTA, VEEV, SNPS, FIG, PANW, SAIL, FROG, MAAS, TENB, MSTR

4 Ideas to Start the Short Holiday Week

Back to Business:

Were back in the cockpit this morning and ready to take off, after pausing a week for office renovations and some summer sun with our families! We hope everyone had a fruitful stretch during our absence, and are ready to kick off another short trading week with us today.

Instead of backtracking two Fridays to rehash our picks where we left off, we’re just going to start fresh today with a nice selection of potential options targets, and pick it up from there. Here’s what’s piquing our interest this morning:

SPY 06/29 $735-737 Calls*
AMZN Weekly $235 Calls
AVAV Weekly $143-145 Calls
CNXC Weekly $25 Calls

*Trading options contracts on their day of expiration should only be attempted by experienced traders — Added Note: “Weekly” contracts, as we refer to them, will be expiring on Thursday this week, as there’s no trading Friday for the 4th (observed).


Extended Watchlist:
LCID, MRNA, CCCC, IBRX, CCC, DKNG, CHYM, FROG

Get Our FREE Daily Reports!