Wednesday’s 5000% Rippers, SIX New Ideas

5000% Runners on Wednesday!

We really got things back on track yesterday after a fairly lackluster outing on Tuesday. We hashed out a trio of potential option plays, and not only did we see intraday gains from all of them, but there were even a pair of FIVE THOUSAND PERCENT gainers on the board!

Our interests on the day were the, the, and the. It was our SPY Calls that absolutely ripped through the stratosphere and registered those incredible intraday moves. Those aren’t the biggest single session gainers we’ve had in 2023, but they are definitely high up on our list of successful picks. Here’s how it all broke down on Wednesday:

SPY 09/27 $426-427 Calls
$426: .03-1.67 (+5467%)
$427: .02-1.06 (+5200%)
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MLKN 10/20 $22.50 Calls
$22.50:
 1.50-3.50 (+133%)
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COST Weekly $545-540 Puts
$545:
 .37-.85 (+130%)
$542.50: .29-.61 (+110%)
$540: .21-48 (+129%)


Fresh Options Ideas:
SPY 09/28 $426-427 Calls
KMX Weekly $73-71 Puts
JBL 10/20 $105-115 Calls
ACN Weekly $302.50-297.50 Puts
MU Weekly $65-66.50 Calls
PTON 10/20 $5.50-6 Calls 


Extended Watchlist:
BNOX, INPX, BXRX, GRTS, CHS, PTON, SLNO, SFLM, PNXLF, IMTL, GEMZ, GEGI

Wrapping Up a Stellar Trading Week

Another Flawless Options Run:

We have been absolutely on fire this week with our daily options ideas. Yesterday’s report marked another day without a single hitch. Just like last week, we are heading into Friday’s session having missed on only one of our potential targets all week long! With a clean sheet for today’s ideas, we have a chance to really end this trading week on an exceptionally high note.

Yesterday’s grouping of winning suggestions were the MCD Weekly $292.50-297.50 Calls, the ABBV Weekly $141-144 Calls, and the META Weekly $322.50-330 Calls, and here is the breakdown of the total possible gains that were on table for the session:

MCD Weekly $292.50-297.50 Calls
$292.50: 
1.51-6.50 (+330%)
$295: 1.00-4.25 (+325%)
$297.50: .31-2.55 (+723%)
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ABBV Weekly $141-144 Calls
$141: 
3.85-10.00 (+217%)
$142: 2.92-9.25 (+217%)
$143: 2.32-8.23 (+254%)
$144: 1.74-7.05 (+305%)
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META Weekly $322.50-330 Calls
$322.50: 
1.39-2.53 (+82%)
$325: .84-1.68 (+100%)
$327.50: .56-1.09 (+95%)
$330: .34-.68 (+100%)


Fresh Options Ideas:
INTC Weekly $36-37 Calls
CL 08/18 $135-140 Calls
PG Weekly $152.50-155 Calls
AZN Weekly $69-72 Calls


Extended Watchlist:
UFAB, SIGA, TUP, GBNH, INPX, FIXX, INTC

Big Moves from Friday, Fresh Ideas

Friday’s Flawless Options Performance:

We closed out last week in impressive yet not atypical fashion, with our premarket report on Friday containing four potential options plays that we felt had high potential heading into week’s end. Out of those targets, all four produced excellent multi-bag intraday movement, putting a ton of intraday gain chances on the table for us.

We had highlighted the PNC 04/21 $121-124 Calls, the C Weekly $48-48.50 Calls, the WFC Weekly $40.50-41 Calls, and the JPM Weekly $135-136 Calls, and like clockwork, they all posted big time upswings on the day. Here’s how it a broke down:

PNC 04/21 $121-124 Calls
$121:
 .86-1.90 (+121%)
$122: .60-1.63 (+172%)
$123: .41-1.24 (+202%)
$124: .30-.61 (+103%)
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C Weekly $48-48.50 Calls
$16: .43-1.87 (+335%)
$15: .26-1.35 (+419%)
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WFC Weekly $40.50-41 Calls
$16: .30-.41 (+37%)
$15: .05-.21 (+320%)
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JPM Weekly $135-136 Calls
$16: 1.00-4.00 (+300%)
$15: .65-3.10 (+309%)


Fresh Options Ideas:
SCHW Weekly $51-52 Calls
STT Weekly $75-70 Puts
MTB Weekly $115-120 Calls


Extended Watchlist:
CHRA, INPX, SAI, MRAI, PTPI, FOXO, ETHE, CYDY, CORZQ, GMZP, MONI

Another Perfect Options Run, 4 New Targets

Another Clean Sweep on Options:

We fared quite well with the options ideas we formulated for yesterday morning’s premarket report. The markets ripped all day long, and despite three out of our four daily selections being bearish, our targets successfully bucked the overall trend with some really nice intraday runs.

We were honed in on the DAL Weekly $34.50-35 Calls, the FAST 04/21 $52.50-50 Puts, the INFY 04/21 $16-15 Puts, and the PGR 04/21 $145-140 Puts. We got multibag runners out of all of our interests, with the exception of the FAST Puts, which only fell slightly shy of double bag status and still exhibited some excellent intraday movement. Here’s how we fared with yesterday’s clean sweep:

DAL Weekly $34.50-35 Calls
$34.50:
 .15-.55 (+267%)
$35: .10-.39 (+290%)
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FAST 04/21 $52.50-50 Puts
$52.50:
 1.20-2.15 (+79%)
$50: .37-.70 (+89%)
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INFY 04/21 $16-15 Puts
$16:
 .20-.70 (+250%)
$15: .06-.15 (+150%)
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PGR 04/21 $145-140 Puts
$145: 3.80-8.75 (+130%)
$140: 1.60-4.50 (+181%)


Fresh Options Ideas:
PNC 04/21 $121-124 Calls
C Weekly $48-48.50 Calls*
WFC Weekly $40.50-41 Calls*
JPM Weekly $135-136 Calls*

*You should not attempt to trade options on their day of expiration unless you are an experienced trader


CXApp Inc. CXAI – NASDAQ Recap: 

In an incredible series of events, we flagged CXAI in our premarket report yesterday morning, and the stock performed quite well, running from 2.70-9.73 on the day, for an increase of 260%. However, in premarket trading today, the stock has shot to an incredible new high of 69.47, which represents a gargantuan rise of 2472% overnight!


Extended Watchlist:
CHRA, INPX, SAI, MRAI, PTPI, FOXO, ETHE, CYDY, CORZQ, GMZP, MONI

Solid Finish to a Great Trading Week

Closing Out a Solid Week of Options Trading:

We put on another good show yesterday with respect to the daily options targets we posted in our premarket report. In this case two out of the three items we were monitoring produced significant intraday trading opportunities for us. Additionally, we’ve got some new highs to report for some of the longer-term targets we established late last week.

Yesterday’s runners were the RH Weekly $235-230 Puts and the SPY 03/30 $401-402 Calls, and our updates from last week’s plays include the GIS 04/21 $82.50 Calls and the CPRI 04/21 $47.50 Calls, which we alerted on Thursday and Friday, respectively. Here’s now all those numbers broke down for us, and carried the torch of our recent options success that much farther:

RH Weekly $235-230 Puts
$235:
 .60-2.71 (+352%)
$232.50: .35-1.82 (+420%)
$230: .30-1.35 (+350%)

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SPY 03/30 $401-402 Calls
$401: 1.14-2.85 (+150%)
$402: .53-1.84 (+249%)
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CPRI 04/21 $47.50 Calls
$47.50:
 .40-1.53 (+283%)
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GIS 04/21 $82.50 Calls
$82.50: .50-4.30 (+760%)


Fresh Options Ideas:
WGO 04/21 $55-60 Calls
RUM Weekly $9.50-10 Calls
SPY 03/31 $404-405 Calls


Extended Watchlist:
PSWW, PALI, SPRO, AULT, INPX, CHSN

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