Midweek Options Recaps, 3 Friday Plays

A Winning Wednesday:

We put up quite a nice performance on Wednesday prior to the holiday break, highlighting a slate of three potential options targets in our premarket report for the session. We saw extremely solid performances from all three of those plays, with nothing less than strong double-bag moves across the board.

Our focal points were the GMS Weekly $80 Calls, the KFY Weekly $75 Calls, and the SPY 06/18 $598-599 Calls. Here were the best intraday upswings they recorded on Wednesday:

GMS Weekly $80 Calls
$80:
 1.40-3.48 (+149%)
_____

KFY Weekly $75 Calls
$75:
 .46-1.26 (+174%)

SPY 06/18 $598-599 Calls
$598: 1.72-3.99 (+132%)
$599: 1.24-3.20 (+158%)


Fresh Options Ideas:
KMX Weekly $67.50-70 Calls*
DRI Weekly $230 Calls*
ACN Weekly $292.50-290 Puts*

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


Extended Watchlist:
WHLR, DFLI, MITQ, LUCY, BIYA, GIMS, AIM, AIFF, QNTM, JFBR

Playing the SPY Like a Fiddle, 3 Potential Plays

Recap of Thursday’s Activity:

We don’t typically give such detailed predictions for daily market machinations as we did in our premarket report yesterday, but things played out essentially just like we expected. We mentioned that after the huge late-day rally on Wednesday, we were “anticipating the SPY to pare some of those gains early, before seeing another bounce”, and that’s just what we saw. With market volatility being what it is, we’ll continue sticking close to the SPY, just going off of our gut and the direction of the wind each morning to formulate our daily targets.

Here’s how that strategy worked out for yesterday’s SPY targets, the SPY 04/10 $532-534 Calls. We have the best intraday moves from our other idea, the KMX 04/17 $77.50-72.50 Puts as well.

SPY 04/10 $532-534 Calls
$532:
.52-2.74 (+427%)
$533: .40-2.38 (+495%)
$534: .40-2.08 (+420%)
_____

KMX 04/17 $77.50-72.50 Puts

$77.50: 5.90-14.00 (+137%)
$75: 4.92-11.70 (+138%)
$72.50: 3.00-8.87 (+196%)


Fresh Options Ideas:
SPY 526-528 Calls*
JPM Weekly $230-232.50 Calls*
WFC Weekly $63 Calls*


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


Extended Watchlist:
BON, MSPR, BGLC, RXRX, CDT,  SHPH, AREB

Wednesday’s Runners, 2 Fresh Plays

Wednesday in Review:

We made out pretty well yesterday with the options ideas we formulated for our premarket report. We went with just a pair of ideas, but they both played out pretty well. Early on, the SPY Puts ran, prior to the tariff pause that was announced later in the afternoon. Today, we’re going to flip again, anticipating the SPY to pare some of those gains early, before seeing another bounce at some point throughout the day.

As for yesterday’s targets, we had the SPY 04/09 $489-487 Puts and the DAL Weekly $35-36 Calls put up these figures on the day:

SPY 04/09 $489-487 Puts
$489:
1.88-4.04 (+115%)
$488: 1.73-3.70 (+114%)
$487: 1.57-3.37 (+115%)
_____

DAL Weekly $35-36 Calls
$35: 3.18-6.58 (+107%)
$35.50: 2.68-8.90 (+232%)
$36: 1.03-9.00 (+774%)


Fresh Options Ideas:
SPY 04/10 $532-534 Calls*
KMX 04/17 $77.50-72.50 Puts

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



Venus Concept Inc. (NASDAQ:VERO) – Recap: 

VERO came off of our extended watchlist yesterday and went down as the NASDAQ’s biggest mover of the day. While most of that figure was in the major gap-up, we still saw the stock trade intraday from 7.10-9.97, which marks a rise of 40%


Extended Watchlist:
ELAB, PRFX, ICCT, BTOG, RSLS, KTTA, WHLR, HYFM

Wrapping Up a Good Trading Week, 3 Friday Targets

Thursday’s Runners:

We’re closing out another trading week in our favorite way, by lauding our across-the-board gains from  our Thursday morning premarket report. We offered up five possible target sets for the session, and witnessed good positive movement in each of them.

Our daily selections were the SPY 12/19 $590-592 Calls, the TSLA Weekly $455-460 Calls, the MU Weekly $95-93 Puts, the DRI Weekly $175 Calls, and the KMX Weekly $85-87.50 Calls. These were the moves they recorded for the session:

SPY 12/19 $590-592 Calls
$590: 
.38-1.89 (+397%)
$591: .23-1.25 (+443%)
$592: .12-.82 (+583%)
_____

TSLA Weekly $455-460 Calls
$455: 
1.13-3.44 (+204%)
$457.50: .91-3.00 (+230%)
$460: .78-2.51 (+222%)
_____

MU Weekly $95-93 Puts
$95: 
4.88-10.33 (+112%)
$94: 3.96-9.15 (+131%)
$93: 3.16-8.35 (+164%)
_____

DRI Weekly $175 Calls
$175:
5.30-10.31 (+94%)
_____

KMX Weekly $85-87.50 Calls
$85: .40-1.09 (+172%)
$87.50:  .10-.30 (+200%)


Fresh Options Ideas:
NKE Weekly $73-72 Puts*
FDX Weekly $297.50-302.50 Calls*
SPY 12/20 $583-582 Puts*

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


Extended Watchlist:
HSDT, TAOP, APTO, MYSZ, LYT, HUMA, PBM, AEMD, NVNI

More Options Success, 5 New Ideas

Another Fruitful Session:

Despite a huge selloff for the markets yesterday, our mixed bag of bearish and bullish options ideas panned out pretty well for the session. We had four possible targets listed in our premarket report and all four of them exhibited strong intraday increases.

Our daily targets were the JBL Weekly $145 Calls, the HEI Weekly $250 Puts, the GIS Weekly $62.50 Puts and the BIRK Weekly $60 Calls. These were their best moves up on the day:

JBL Weekly $145 Calls
$145: 
1.95-3.58 (+84%)
_____

HEI Weekly $250 Puts
$250: 
4.59-16.67 (+263%)
_____

GIS Weekly $62.50 Puts
$62.50: 
.05-.25 (+400%)
_____

BIRK Weekly $60 Calls
$60: .40-.83 (+93%)


Fresh Options Ideas:
SPY 12/19 $590-592 Calls*
TSLA Weekly $455-460 Calls
MU Weekly $95-93 Puts
DRI Weekly $173-175 Calls
KMX Weekly $85-87.50 Calls

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


Nukleus, Inc. (NASDAQ:NUKK) – Recap:

We also have another incredible new high off of NUKK, which we caught in Tuesday’s extended watchlist and observed a low that morning of 1.93. After making a massive 1100% jump in the premarket yesterday, the stock continued its insane surge and this morning we have seen trades at 80.00. That means in less than three days’ time we have witnessed an unreal increase in NUKK of 4045%


Extended Watchlist:
QNRX, SGMO, SLXN, PHIO, WIMI, HYSR, QUAN

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