Reviewing Friday’s Activity:
We’re kicking off our week a day late this morning, after having to forego yesterday’s report for medical reasons. So what we’re going to do today is track back to Friday’s premarket report, and see how those plays fared to close out last week. Then we’ll come up with a set of fresh ideas today, so we can hop right back on track!
Friday’s daily targets were the LMT Weekly $480-485 Calls, the RH Weekly $210-212.50 Calls, the ADBE Weekly $402.50-397.50 Puts, and the CVX Weekly $147-149 Calls. They all exhibited some very nice activity, posting multibag gains on the day:
LMT Weekly $480-485 Calls
$480: 3.70-8.50 (+130%)
$482.50: 2.35-6.00 (+155%)
$485: 1.31-4.79 (+266%)
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RH Weekly $210-212.50 Calls
$210: 3.14-13.68 (+336%)
$212.50: 3.99-11.47 (+187%)
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ADBE Weekly $402.50-397.50 Puts
$402.50: 8.46-18.29 (+116%)
$400: 5.57-15.97 (+180%)
$397.50: 4.75-13.60 (+186%)
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CVX Weekly $147-149 Calls
$147: .18-.60 (+233%)
$148: .10-.29 (+190%)
$149: .07-.17 (+143%)
Fresh Options Ideas:
JBL Weekly $185 Calls
LEN Weekly $111-112 Calls
*Trading options contracts on their day of expiration should only be attempted by experienced traders
Extended Watchlist:
ACXP, SLRX, VERV, CERO, AZTR, SAFX, RGC, INEO, PRPH, AIM