Thursday’s Major Movers, 3 Chances for Friday

Big Gainers on Thursday:

We had another excellent day on Thursday, entering four possible targets into the log for our premarket report, all of which returned some excellent multibag opportunities ranging from very good to exceptionally terrific.

We had the SPY 08/13 $773-774 Calls, the CSCO Weekly $117-115 Puts, the COHR Weekly $335-332.50 Puts, and the JD Weekly $30.50 Puts on our radar, and those plays produced the following intraday runs:

SPY 08/13 $773-774 Calls
$773:
 1.94-6.43 (+231%)
$774: 1.32-5.45 (+313%)
_____

CSCO Weekly $117-115 Puts
$117:
 2.21-5.02 (+127%)
$116: 1.64-4.40 (+168%)
$115: 1.12-3.35 (+199%)
_____

COHR Weekly $335-332.50 Puts
$335:
 2.61-12.70 (+387%)
$332.50: 2.50-11.00 (+340%)
_____

JD Weekly $30.50 Puts
$30.50:
 .11-1.64 (+1390%)


Fresh Options Ideas:
SPY 08/14 $777-778 Calls*
AMAT Weekly $510-505 Puts*
MU Weekly $975-980 Calls*

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


Extended Watchlist:
ARX, AVAH, WDAY, MH, WIX, TBBB, HUBS, BVC, SNDK, EROC

4-Pack of Fresh Options Plays & More

Options Runners:

We offered up a selection of four sets of options ideas in yesterday morning’s premarket report, and despite a generally crumby day for the markets as a whole, all four of our targets enjoyed nice moves early on in the session.

We were looking at the UBER Weekly $41-43 Calls, the DIS Weekly $150-157.50 Calls, the TWLO  Weekly $220-230 Calls, and the LIN Weekly $300-310 Calls. They all ran for respectable gains right out of the opening gate before things went south for the day.

Here were the ranges and total possible gains for anyone who was waiting with their finger on the trigger:

UBER Weekly $41-43 Calls
$41: 1.29-2.50 (+94%)
$42: .88-1.89 (+115%)
$42.50: .70-1.62 (+131%)
$43: .55-1.44 (+162%)
_____

DIS Weekly $150-157.50 Calls
$150:
 3.50-5.00 (+43%)
$152.50: 2.30-3.51 (+53%)
$155: 1.45-2.33 (+61%)
$157.50: .91-1.53 (+68%)
_____

TWLO  Weekly $220-230 Calls
$220: 9.58-17.03 (+78%)
$222.50: 8.43-13.16 (+56%)
$225: 7.52-14.00 (+86%)
$227.50: 6.68-12.29 (+84%)
$230: 5.55-11.38 (+105%)
_____

LIN Weekly $300-310 Calls
$300: 11.50-16.82 (+46%)
$310: 4.70-8.60 (+83%)


Fresh Options Ideas:
EXPE Weekly $202.50-207.50 Calls*
F Weekly $17.50-18 Calls*
NET Weekly $119-122 Calls*
HUBS Weekly $570-590 Calls*

*Please use caution when trading options on their day of expiration. It should only be attempted by experienced traders with access to disposable funds!


Extended Watchlist:
MODD, ORPH, KAVL, ZG, DCFC, CTRM, BRGO, JPEX, UVSS, SPONF, ABQQ, ILST, ICBU

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