Big Midweek Movers, 3 Fresh Plays

Wednesday’s Runners:

Wednesday turned out to be another excellent day for us, with the entire slate of options ideas we put forth in our premarket report for the morning yielding chances for big gains. We were looking at strike ranges in four options chains, and were not disappointed with the results.

We were zeroed in on the SPY 09/10 $653-654 Calls, the ORCL Weekly $315-320 Calls, the SNPS Weekly $470-450 Puts, and the GME Weekly $25-26 Calls. Here were the best intraday runs from those ideas:

SPY 09/10 $653-654 Calls
$653:
 .91-1.94 (+113%)
$654: .48-1.19 (+148%)
_____

ORCL Weekly $315-320 Calls
$315: 8.08-31.97 (+296%)
$317.50: 6.95-29.61 (+326%)
$320: 5.80-27.79 (+379%)
_____

SNPS Weekly $470-450 Puts
$470: 44.46-73.85 (+66%)
$460: 37.67-77.50 (+106%)
$450: 29.24-65.03 (+122%)
_____

GME Weekly $25-26 Calls
$25: .30-.81 (+170%)
$25.50: .19-.55 (+189%)
$26: .12-.37 (+209%)


Fresh Options Ideas:
SPY 09/11 $653-654 Calls*
OXM 09/19 $45-50 Calls
KR Weekly $86 Calls

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


Extended Watchlist:
SLXN, MOGU, VNCE, YYGH, TGL, AMST, WHLR, OPEN, TWG, MAZE, WLDS

Tuesday in Review, 4 New Options Ideas

Tuesday’s Movers:

We didn’t signal interest in as many sets of options targets as usual in yesterday’s premarket report. Despite casting an atypically narrow net, we still saw some nice opportunities in the ideas we did put forth. We have a more robust earnings calendar to work with this morning, so we should be able to carry the success over into today’s session.

As for yesterday’s items of interest, here were the biggest intraday upswings for the KFY 09/19 $75 Calls, the SAIL 09/19 $20 Puts, and the CNM 09/19 $55 Puts:

KFY 09/19 $75 Calls
$75:
 3.43-6.00 (+75%)
_____

SAIL 09/19 $20 Puts
$20: .34-1.72 (+406%)
_____

CNM 09/19 $55 Puts
$55: 3.40-5.59 (+64%)


Fresh Options Ideas:
SPY 09/10 $653-654 Calls*
ORCL Weekly $315-320 Calls
SNPS Weekly $470-450 Puts
GME Weekly $25-26 Calls

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


Extended Watchlist:
GLE, AEHL, CUPR, JBDI, EDHL, CAMP, MWYN, ASST, WLDS, SMX, SPHL

Wednesday’s Winners, Pair of New Ideas

Midweek Movers:

We turned in another good daily card on Wednesday, after signaling a mixed bag of bullish and bearish options ideas in our premarket report. We saw solid moves up across the board, and kept up the winning trend for what has been a very steady week of gain opportunities for us.

Yesterday’s plays were the GME Weekly $29.50-29 Puts, the PLAY 06/20 $29-30 Calls, the CHWY Weekly $44-43 Puts, and the SAIL 06/20 $22.50 Calls. These were the best moves we saw from each of those contracts on the day:

GME Weekly $29.50-29 Puts
$29.50:
 .83-1.35 (+63%)
$29: .65-.99 (+52%)
_____

PLAY 06/20 $29-30 Calls
$29: .95-2.50 (+163%)
$30: .90-1.68 (+87%)
_____

CHWY Weekly $44-43 Puts
$44: 2.56-4.30 (+62%)
$43.50: 2.13-3.50 (+64%)
$43: 1.69-3.33 (+97%)
_____

SAIL 06/20 $22.50 Calls
$22.50: .55-1.70 (+209%)


Fresh Options Ideas:
ORCL Weekly $190-192.50 Calls
OXM 06/20 $45 Puts


Extended Watchlist:
HCTI, GNLN, CGTL, GTI, CVAC, NEHC, SOAR

Tuesday’s Results, 4 Fresh Ideas

Solid Tuesday Performance:

Tuesday’s session was another solid one for us. We tried four sets of options ideas on for size in our premarket report for the day, and each one of them bore positive results. Out of eight contract sets in total, the gains on seven of them reached multi-bag territory.

Those targets were the UNFI 06/20 $27-28 Calls, the CASY 06/20 $490-500 Calls, the, ASO Weekly $45-46 Calls and the SPY 06/10 $600-601 Calls. These were the best runs of the session for each of them:

UNFI 06/20 $27-28 Calls
$27:
 .30-.90 (+200%)
$28: .14-.50 (+257%)
_____

CASY 06/20 $490-500 Calls
$490: 8.37-25.10 (+199%)
$500: 3.89-17.56 (+351%)
_____

ASO Weekly $45-46 Calls
$45: 1.08-2.09 (+94%)
$46: .55-1.35 (+145%)

SPY 06/10 $600-601 Calls
$600: 1.68-3.27 (+111%)
$601: .87-2.22 (+155%)


Fresh Options Ideas:
GME Weekly $29.50-29 Puts
PLAY 06/20 $29-30 Calls
CHWY Weekly $44-43 Puts
SAIL 06/20 $22.50 Calls

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


Extended Watchlist:
NVTS, PLUG, QBTS, OKLO, SBSW, APLD,  BGM

Wednesday’s Big Wins, 3-Pack of New Ideas

Wednesday’s Big Gainers:

Despite the markets taking a nosedive yesterday, all four of the bullish options trading ideas we hashed out for our premarket report produced big moves on the day. It added another day to our immense streak of winning ideas, with our earnings reporters all bucking the trend at some point.

We had the GME Weekly $28-29 Calls, the DLTR Weekly $69-70 Calls, the CHWY Weekly $34.50-35.50 Calls and the CTAS Weekly $200-202.50 Calls on watch, and they came up with the following ranges and total possible gains on the session:

GME Weekly $28-29 Calls
$28:
.70-2.10 (+200%)
$28.50: .57-1.75 (+207%)
$29: .45-1.47 (+227%)
_____

DLTR Weekly $69-70 Calls
$69:
.54-4.75 (+780%)
$70: .35-4.00 (+1042%)
_____

CHWY Weekly $34.50-35.50 Calls
$34.50: .15-.74 (+393%)
$35: .05-.51 (+920%)
$35.50:.04-.34 (+750%)
_____

CTAS Weekly $200-202.50 Calls
$200:
6.20-12.55 (+102%)
$202.50: 4.30-10.00 (+133%)


Fresh Options Ideas: 
SNX 04/17 $110-105 Puts
VRNT 04/17 $20 Puts
JEF 04/17 $57.50-55 Puts


Extended Watchlist:
LYT, DMN, OCEA, GTEC, TDTH, ASST, VVPR, PSTV, RGLS, WKSP

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