Cautious Yet Bold Options Strategy Keeps Bearing Fruit

Yesterday’s Options Success: 

It seems like the winds of fortune have been gusting in our favor for quite some time now, with the options targets we outlined in yesterday’s morning report all producing gain opportunities on some level. That makes for the fourth straight session in which every single one of our interests has given traders a shot as compounding their funds.

Our daily focus was trained on the AVAV 07/15 $75-70 Puts, the GIS 07/15 $70-72.50 Calls, and the MKC 07/15 $90-80 Puts, which all put forth some measure of intraday run in what amounted to a bit of a choppy day for the markets as a whole. Things in that regard have become rather harder to predict, but we’ve been trying very hard to select potential plays with a good risk/reward balance. Here’s where our efforts led yesterday:

AVAV 07/15 $75-70 Puts
$75: 
2.49-4.49 (+80%)
$70: 1.29-2.20 (+71%)
_____

GIS 07/15 $70-72.50 Calls
$70: 
2.50-5.10 (+104%)
$72.50: 1.05-3.07 (+192%)
_____

MKC 07/15 $90-80 Puts 
$90: 6.00-7.20 (+20%)
$85: 2.01-3.37 (+68%)
$80: .60-1.20 (+100%)


Fresh Options Ideas:
YETI 08/05 $46-47 Calls
WBA Weekly $38.50-39.50 Calls
DCT 07/15 $17.50-15 Puts
SGH 07/15 $17.50 Calls 


Extended Watchlist: 
TXTM, SEII, EMGE, HIRU, WNFT, PPCB, REVB, NRSN, ASPN, MARK, DNAY, CSCW, MULN

Options Performance on the Week Remains Flawless

More Options Review: 

It has been a really good stretch for us with regard to our daily options ideas. We have been firing on all cylinders for several consecutive sessions, with yesterday’s slate of three all turning in excellent cards for the day., even our idea of the August calls in AXSM that was meant for a longer period of observation.

Our specific areas of interest in yesterday’s premarket report were the SPY 06/29 $390-392 Calls, the CHK 07/15 $85-90 Calls, and the AXSM 08/19 $35-30 Puts.  The SPY ran hard in the very early goings before the markets slid during the rest of the session, but that early push was more than enough to facilitate some nice moves for us. Those gains were as follows:

SPY 06/29 $390-392 Calls
$390:
 3.00-4.75 (+58%)
$391: 2.49-4.03 (+62%)
$392: 2.03-3.44 (+69%)
_____

CHK 07/15 $85-90 Calls
$85: 6.24-7.10 (+14%)
$90: 2.95-4.50 (+53%)
_____

AXSM 08/19 $35-30 Puts
$35: 1.47-3.70 (+152%)
$32.50: 1.40-1.95 (+39%)
$30: 1.00-1.32 (+32%)


Fresh Options Ideas:
AVAV 07/15 $75-70 Puts
GIS 07/15 $70-72.50 Calls
MKC 07/15 $90-80 Puts 


Clubhouse Media Group Inc. CMGR –  OTC Recap: 

We’ve also continued to have good fortune with several of the OTC stocks that we track routinely in our daily extended watchlists, and the latest one to blow its top is CMGR. We signaled this play for observation on Thursday, and the run it has made has been quite impressive, moving up from a low of .0033 and hitting .0135 for an increase of 309%


Extended Watchlist: 
SSOF, SNMN, ILIM, MWWC, KRFG, HYSR, GRLF, PHIL, AKBA, TRVI, ALNA, CANF, CBIO

Fresh SPY Targets & More

Continued Options Success:

We have continued to thread the needle with respect to our daily options ideas this week, with only a small fraction of missteps. Yesterday morning in our premarket report, we formulated and passed along a set of three potential options trading targets to our readers. Out of those selections, all three produced significant intraday opportunities for anyone who put some skin in the game.

We were targeting the ADBE Weekly $460-452.50 Puts, the GIS 04/14 $62.50 Calls, and the BZ 04/14 $25-30 Calls, and they all put forth notable upward movement on the day. Here were the total possible profits on the table in these plays:

ADBE Weekly $460-452.50 Puts
$460:
 24.10-41.80 (+73%)
$457.50: 21.50-35.29 (+64%)
$455: 20.00-36.55 (+83%)
$452.50: 19.18-35.14 (+83%)
_____

GIS 04/14 $62.50 Calls
$62.50:
 2.90-4.20 (+45%)
_____

BZ 04/14 $25-30 Calls
$25: 4.02-5.30 (+32%)
$30: 1.80-2.60 (+44%)


Fresh Options Ideas:
OXM 04/14 $80-85 Calls
SPY 03/25 $444-446 Calls
MOMO Weekly $7.50-7.00 Puts 


Extended Watchlist:
NKLA, MFH, BVXV, FSRD, ESOA, AIAD, INND, DMAN, IJJP, KATX, 

1200% Options Gainer, Fresh Ideas

Big Time Options Movers: 

We are cruising right along on the options front as we head through the midweek. We always seem to manage finding single-session, multi-bag opportunities, and this week has been no different whatsoever, We’ve seen a lot of good volatility over these couple of days, which is a quick strike trader’s best friend.

The big winner off of yesterday’s premarket report ended up being BABA, which we had flagged with the BABA Weekly $110-113 Calls. Additionally, the PDD Weekly $44-46 Calls that we signaled on Monday continued their rise and took it to the next level, with one set of contracts even breaching that elusive 1000% mark.

The following figures are for BABA’s one day performance yesterday and PDD’s two day swings from Monday: 

BABA Weekly $110-113 Calls
$110: 3.50-9.30 (+166%)
$111: 4.90-8.40 (+71%)
$112: 4.30-7.67 (+78%)
$113: 3.60-7.00 (+94%)
_____

PDD Weekly $44-46 Calls
$44: 1.39-6.00 (+332%)
$44.50: 1.34-5.40 (+303%)
$45: 1.14-5.20 (+356%)
$45.50: 1.09-4.50 (+295%)
$46: .33-4.40 (+1233%)


Fresh Options Ideas:
ADBE Weekly $460-452.50 Puts
GIS 04/14 $62.50 Calls 

BZ 04/14 $25-30 Calls


Extended Watchlist:
ETCG, FDBL, MSTO, WHSI, OZSC, JPEX, AABB, LBPS, CELZ, ZTEK, RZLT, CREX

GM, GIS Options Recaps & More

Options Updates:

We continue plugging away at attempting to find options plays despite having so few earnings reports to rely on as fuel, and yesterday our big name target was GM. Were were observing the GM Weekly $58-59 Calls with the stock in the midst of a pretty impressive run that has generally persisted for roughly the past month.

The stock ran pretty good out of the starting gate yesterday, and that activity allowed for some decent gain opportunities in the pair of contract sets that we were tracking. Here were the intraday runs they recorded:

GM Weekly $58-59 Calls
$58: .94-1.72 (+83%)
$59: .55-1.10 (+100%)
_____

For an additional update, we’ve been tracking the GIS 10/15 $55-50 Calls since the morning of September 22nd, and we wanted to swing back around to report on the new highs we witnessed in those plays. Here are the ranges and total possible gains that were registered there in recent sessions:

GIS 10/15 $55-60 Calls
$55: 3.80-6.95 (+83%)
$57.50: 1.70-4.50 (+165%)
$60: .60-2.15 (+258%)


Fresh Options Ideas:
FAST Weekly $50-52.50 Calls


Extended Watchlist:
AHFD, GRLT, CYAP, FTXP, LEAS, GMEV, SEGI, BNOW, NTRB, OCGN, RRD, GWH, CDLX

Get Our FREE Daily Reports!