Tuesday’s Plays, 4 New Possibilities

Recap of Tuesday’s Figures:

We included only a pair of potential options trading targets in yesterday morning’s premarket report, which is a little lighter of a load than usual. It just so happened that those were the earnings plays that we found more interesting in the premarket. We were able to see some nice intraday movement off of those ideas despite the small sample size.

Our possible targets for the day were the ADM Weekly $54-56 Calls, and the ORCL Weekly $125-128 Calls, and here were the numbers they recorded for Tuesday’s session: 

ADM Weekly $54-56 Calls
$54
: 3.20-4.35 (+36%)
$55: 2.00-2.85 (+42%)
$56: 1.20-1.90 (+58%)
_____

ORCL Weekly $125-128 Calls 

$125: 2.17-4.25 (+96%)
$126: 1.75-3.45 (+97%)
$127: 1.34-2.75 (+105%)
$128: .99-2.20 (+122%)


Fresh Options Ideas:
DLTR Weekly $145-142 Puts
TSLA Weekly $177.50-172.50 Puts
COIN Weekly $252.50-250 Puts
YORW 04/19 $35 Calls


Extended Watchlist:
IGPK, MOBQ, TONR, KTRA, NCNA, LICY, LSF

Wednesday’s Winners, 4 Fresh Options Plays

Winning Trend Continues on Wednesday:

After a decent start to the first trading week of the new year on Tuesday, we kept things rolling pretty well yesterday for the second straight day. Our premarket report contained four potential plays on the options front, and each of those targets recorded some pretty good intraday upswings. We were hoping for a nice beginning to 2024 and thus far that goal is going according to plan!

Yesterday’s runners were the SPY 01/03 $472-471 Puts, the COIN Weekly $148-146 Puts, the MARA Weekly $22-21 Puts, and the UNF 01/19 $180 Puts. Here is the breakdown of their intraday performances for Wednesday:

SPY 01/03 $472-471 Puts
$472:
 1.12-3.70 (+230%)
$471: .51-2.76 (+441%)
_____

COIN Weekly $148-146 Puts
$148:
 3.37-5.25 (+56%)
$147: 2.88-4.60 (+60%)
$146: 2.55-4.12 (+62%)
_____

MARA Weekly $22-21 Puts
$22:
 .70-1.00 (+43%)
$21.50: .53-.79 (+49%)
$21: .41-.62 (+51%)
_____

UNF 01/19 $180 Puts
$180: 10.00-14.90 (+49%)


Fresh Options Ideas:
CALM 01/19 $55-52.50 Puts
WMT Weekly $160 Calls
RPM 01/19 $100 Puts
MBLY 01/19 $30-25 Puts 

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


Extended Watchlist:
MINM, OMGA, KTRA, RPID, JFBR, SMFL, HNRC, ZFRY, ABIT, RNGE, AHNR, TIPS

Retail Recaps, Fresh Options Ideas

Holiday Week Wrap-Up:

After a restful weekend following the Thanksgiving holiday, we’re ready to hop back into the saddle, and ride out in search of opportunity once again. We’ve been a little short on earnings reporters lately, which is not atypical for the holiday season and may very well persist into the new year. We’ll continue to make do however we can, like we did on Friday with a pair of retail plays in WMT and TGT. We expect to be seeing a lot of the retail space over the next several weeks.

As for Friday’s targets for the half day, we were focused in on the WMT Weekly $150-152.50 Calls and the TGT Weekly $162.50-165 Calls. Each pair of contracts recorded one relatively nominal gain and one big, impressive multibag run for us.

WMT Weekly $150-152.50 Calls
$150:
2.00-2.73 (+37%)
$152.50: .05-.50 (+900%)
_____

TGT Weekly $162.50-165 Calls
$162.50: .27-1.43 (+430%)
$165: .04-.09 (+125%)


Fresh Options Ideas:
PDD Weekly $73-76 Calls
RYAN 12/16 $40 Calls


Extended Watchlist:
CLNV, GSTC, BRBL, CNNA, HLBZ, TBLA, COSM, KOLD, TALK, KTRA, NBRV, MICS