Options Review, 6-Pack of Fresh Targets

Thursday’s Options Recap:

First thing’s first this morning, we need to apologize for lack of a report for yesterday’s session. We were experiencing a power outage due to the massive winter storm that swept across the eastern half of the country over the weekend. But we’re back in the saddle today, hopefully to hit the ground running on another solid trading week. We had four possible plays that we highlighted for Friday’s session, and we’ll go over those before we jump into some new ideas today.

Friday’s premarket report contained the INTC Weekly $48.50-47.50 Puts, the ISRG Weekly $540-542.50 Puts, the CSX Weekly $35.50 Calls, and the AA Weekly $62 Puts. The best moves those targets exhibited on the day were as follows:

INTC Weekly $48.50-47.50 Puts
$48.50:
 1.12-4.05 (+262%)
$48: 1.00-3.50 (+250%)
$47.50: .72-3.00 (+317%)
_____

ISRG Weekly $540-542.50 Puts
$540:
 16.30-19.81 (+22%)
$542.50: 8.28-18.62 (+125%)
_____

CSX Weekly $35.50 Calls
$35.50:
 1.15-1.95 (+70%)
_____

AA Weekly $62 Puts
$62:
 1.63-2.30 (+41%)



Fresh Options Ideas:
SPY 01/27 $693-694 Calls*
BRO Weekly $75 Puts
UNH Weekly $300-295 Puts
RTX Weekly $200 Calls
BA Weekly $245 Puts
UPS Weekly $108 Calls

*Only experienced options traders should attempt to trade contracts on their expiration day


Extended Watchlist:
XTKG, NUWE, HIND, PHGE, IVF, BAZI, CYN, GNTA, NAMM

4 New Ideas to Kick Off the Short Week

Friday’s Runners:

We ended the trading week on Friday with a great performance from the options plays we hashed out in our premarket report. We had offered up a slate of five possible targets, and the intraday gains we witnessed were across the board, and some of them were really incredible movers.

We had the SPY 01/16 $693 Calls, the MU Weekly $350-352.50 Calls, the JBHT Weekly $200 Puts, the PNC Weekly $222.50-225 Calls, and the NVO Weekly $59 Calls:

SPY 01/16 $693 Calls
$693:
 .27-1.06 (+293%)
_____

MU Weekly $350-352.50 Calls
$350: 3.50-12.71 (+263%)
$352.50: 1.95-9.93 (+309%)
_____

JBHT Weekly $200 Puts
$200: .01-.30 (+2900%)
_____

PNC Weekly $222.50-225 Calls
$222.50: .70-1.90 (+171%)
$225: .05-.45 (+800%)
_____

NVO Weekly $59 Calls
$59: .43-3.50 (+714%)


Fresh Options Ideas:
MMM Weekly $160 Puts
USB Weekly $55 Calls
FAST Weekly $42.50 Puts
UMC 02/20 $11 Calls


Extended Watchlist:
IVF, SHPH, TWG, BTTC, RAPT, CCHH, CRVS, ICON, ATON, POLA

Monday’s Runners, 5 New Possibilities

Good Start to the Week:

It was another reasonably good session for us as we opened things up for the week yesterday. We had three plays in our premarket report and saw instant gratification on two of them. It’s always important to remember that when we select options with expirations beyond the current week, it can be a few sessions before we really see the kind of results we’re after.

Our winning targets from yesterday’s report were the CLF Weekly $9.50-10 Calls, the VZ Weekly $41.50-42.50 Calls, and those did quite nicely, posting double and triple-bag moves on Monday:

CLF Weekly $9.50-10 Calls
$9.50
: .68-1.50 (+121%)
$10: .28-1.03 (+268%)
_____

VZ Weekly $41.50-42.50 Calls
$41.50
: .59-1.61 (+173%)
$42: .33-1.19 (+261%)
$42.50: .18-.77 (+328%)



Fresh Options Ideas:
PM Weekly $175-172.50 Puts
LMT Weekly $427.50-422.50 Puts
NOC 08/15 $525-535 Calls
MEDP 08/15 $430-440 Calls
NXPI 08/15 $220-210 Puts


Extended Watchlist:
OPEN, PLUG, NVTS, HTOO, IVF, WLGS, BLMZ, DFLI, GVH, ICU

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