Midweek Updates, Trio of New Ideas

Midweek Options Recaps:  

We offered up a pair of short term and a pair of longer term ideas in our premarket report yesterday, and as is pretty typical, we saw some good movement out of the weekly plays, and not so much instant gratification from those that expire next month. We usually gravitate to those kind of ideas during earnings low periods, and we certainly have been short on big name reporters this week. But we’ll continue to monitor those interests into October, and keep trying to point out whatever looks best to us on a daily basis.

As for yesterday’s weekly plays, which were the CBRL Weekly $70-75 Calls and the BUR Weekly $17.50-15 Puts, we observed the following intraday trading activity and gain potential:

CBRL Weekly $70-75 Calls
$70:
 3.00-4.20 (+40%)
$75: 1.09-2.66 (+144%)
_____

BUR Weekly $17.50-15 Puts
$17.50:
 1.63-1.93 (+18%)
$15: .05-.10 (+100%)


Fresh Options:
SMTC Weekly $22-23 Calls
SPY 09/14 $447-448 Calls
BABA Weekly $87-89 Calls


Extended Watchlist:
AVTX, FWBI, GMBL, RNAZ, KITT, NVOS, NAVB, NLST, YCRM, CNBX

Closing Out Another Fruitful Trading Week

Another Sweep of the Board on Thursday: 

We were right on target with the options trading ideas we put forth in yesterday morning’s premarket report. We included possible ideas for three different earnings reporters, and got reasonably impressive intraday results from each of them.

Our areas of interest for the session were the DDOG Weekly $83-81 Puts, the SHOP Weekly $48.50-47.50 Puts, and the CSCO Weekly $48.50-50 Calls. The moves produced ranged from very good excellent on those plays, as you can see here:

DDOG Weekly $83-81 Puts
$83:
 .45-1.91 (+324%)
$82: .30-1.30 (+333%)
$81: .20-.81 (+305%)
_____

SHOP Weekly $48.50-47.50 Puts
$48.50: 2.24-4.13 (+84%)
$48: 1.91-3.90 (+104%)
$47.50: 1.57-3.33 (+112%)
_____

CSCO Weekly $48.50-50 Calls
$48.50: 1.38-3.20 (+132%)
$49: 1.09-2.68 (+146%)
$49.50: .73-2.27 (+210%)
$50: .46-1.80 (+291%)


Fresh Options Ideas:
AN Weekly $145 Calls*
DE Weekly $412.50-417.50 Calls*
DASH Weekly $68-70 Calls*
AEM Weekly $50-45 Puts*

*Please don’t attempt to trade options on their day of expiration unless you are an experienced options trader.


Extended Watchlist:
IBIO, NOGN, JSPR, GMBL, INZY, ENZC, AHRO, FLCX, TIMCF, REED, LPHM

Flawless Day for Options, New Ideas

Another Clean Sweep on Options: 

We kept our streak of excellent options calls going in yesterday’s premarket report. The markets ripped all day long, and helped to facilitate some really nice movement in our tracked plays. All four of our designated potential targets yielded sizable gain opportunities on the day.

We had signaled our interest in the MCD Weekly $265-267.50 Calls, the UPS Weekly $177.50-182.50 Calls, the WHR Weekly $152.50-157.50 Calls, and the PFE Weekly $43-44 Calls, which provided us with a shot at the following gains: 

MCD Weekly $265-267.50 Calls
$265:
 2.12-4.00 (+89%)
$267.50: 1.27-2.50 (+97%)
_____

UPS Weekly $177.50-182.50 Calls
$177.50: 3.30-8.85 (+168%)
$180: 2.43-6.56 (+170%)
$182.50: 1.16-4.65 (+301%)
_____

WHR Weekly $152.50-157.50 Calls
$152.50: 2.70-4.70 (+47%)
$155: 1.48-3.00 (+103%)
$157.50: .90-1.80 (+100%)
_____

PFE Weekly $43-44 Calls
$43: .44-1.37 (+211%)
$43.50: .30-1.00 (+233%)
$44: .11-.65 (+490%)


Fresh Options Ideas:
EA Weekly $113-116 Calls
TMO Weekly $575-580 Calls
NVO 02/17 $90-87.50 Puts
GSK Weekly $34.50-35 Calls
AI Weekly $20-20.50 Calls


Motorsport Games, Inc. MSGM – NASDAQ Review:

We also have to take a minute to rehash the incredible performance of MSGM after we included it at the top of yesterday’s extended watchlist. This NASDAQ play saw a low of 6.85 during yesterday’s session, and today its premarket high came in at an incredible 80.67, which represents an overnight rise of 1077%


Extended Watchlist:
MGAM, QNRX, GMBL, EBET, BZFD, MITQ, RNAZ, MRIN, VS, AIAD, WNDW, STMH