Options Runners, Fresh Plays

Options Recaps:

We hashed out a trio of potential options ideas for yesterday morning’s premarket report, and got things on track with decent moves being produced across the board on the day. Even those in HD, which ended up flipping the script and going in another direction, still yielded some modest intraday moves in a positive direction.

Our specific targeted plays were the WMT Weekly $136-138 Calls, the HD Weekly $315-312.50 Puts, and the GLBE Weekly $30 Calls. Here were the caliber of gains that were available to anyone speculating in these plays:

WMT Weekly $136-138 Calls
$136:
 2.43-5.25 (+116%)
$137: 1.89-4.36 (+131%)
$138: 1.85-3.56 (+92%)
_____

HD Weekly $315-312.50 Puts
$315:
 .40-.62 (+55%)
$312.50: .32-.47 (+47%)
_____

GLBE Weekly $30 Calls
$30: 2.05-5.40 (+163%)


Fresh Options Ideas:
LOW Weekly $215-217.50 Calls
DNUT Weekly $15-12.50 Puts
TGT Weekly $177.50-175 Puts


Bed Bath & Beyond Inc. BBBY – Recap: 

BBBY has been included in our extended watchlists a few times since Monday of last week, when we first signaled it. Subsequent to that report, the stock has undergone a short squeeze and run from a low of  8.63 up to yesterday’s new high of 28.60. That marked a walloping gain of 231% in just over one trading week.


Extended Watchlist:
INND, DSGT, TGHI, XCPL, CNGT, ICNM, ENDP, EAR, BBIG, QNRX, APRN, BWV

Bucking the Trend with Options

Big Time Options Success: 

Despite the markets sliding over the Russia-Ukraine conflict anxieties, we managed to round up a fair few options winners in our premarket report yesterday morning. Only one longer term idea failed to instantly materialize, with all of our quick strike options plays posting solid gains on the day.

Not only do we have updates on those targets, but we also have a recap of our idea on PBR in Tuesday’s report, so the figures we have to present here are from the TJX Weekly $65-63 Puts, the PANW Weekly $495-505 Calls, the LOW Weekly $217.50-222.50 Calls, the OSTK Weekly $41-44 Calls, and the PBR Weekly $14-15 Calls.

Here are the moves posted and the total possible gains for traders who were in the mix:

TJX Weekly $65-63 Puts
$65: 1.00-3.21 (+221%)
$64: .70-2.74 (+291%)
$63: .50-1.90 (+280%)
_____

PANW Weekly $495-505 Calls
$495: 1.60-4.51 (+182%)
$497.50: 1.95-3.55 (+82%)
$500: 1.16-3.31 (+185%)
$505: .90-2.20 (+144%)
_____

LOW Weekly $217.50-222.50 Calls
$217.50: 6.22-10.90 (+75%)
$220: 4.45-8.80 (+98%)
$222.50: 3.30-7.00 (+112%)
_____

OSTK Weekly $41-44 Calls 
$41: 5.22-9.20 (+76%)
$42: 4.35-8.83 (+102%)
$43: 3.70-8.50 (+130%)
$44: 3.34-6.51 (+95%)
_____

PBR Weekly $14-15 Calls
$14: .43-.82 (+91%)
$14.50: .22-.45 (+105%)
$15: .11-.23 (+109%)


Fresh Options:
BABA Weekly $108-105 Puts
MRNA Weekly $127-131 Calls
SPY 02/24 $416-414 Puts*

*Please use caution when trading options on their day of expiration. It should only be attempted by experienced traders with access to disposable funds!


Extended Watchlist:
INDO, CEI, IMPP, USWS, ENSV, BOIL, PHIL, ICOA, VYST, CGSI, 

5 Sets of Options Ideas & More

Options Reviews: 

First item on our to-do list this morning is to review our winning options ideas from yesterday morning’s premarket report. Two of our designated sets of potential trading targets turned in multibag performances on the day, in what was a session of mixed results for the markets in general.

Our winning selections were the HD Weekly $342.50-335 Puts, and the DWAC Weekly $92-96 Calls, which both came off of the daily earnings play list. We went short on Home Depot and long on DWAC, and here were the intraday results on those ideas:

HD Weekly $342.50-335 Puts
$342.50:
 10.63-29.87 (+181%)
$340: 7.80-27.44 (+252%)
$337.50: 8.25-23.35 (+183%)
$335: 5.00-21.10 (+322%)
_____

DWAC Weekly $92-96 Calls
$92: 3.50-7.50 (+114%)
$93: 3.25-7.00 (+100%)
$94: 3.10-6.83 (+120%)
$95: 2.87-6.33 (+121%)
$96: 2.60-5.78 (+122%)


Fresh Options Ideas: 
AWK 3/18 $150-155 Calls
TJX Weekly $65-63 Puts
LOW Weekly $217.50-222.50 Calls
PANW Weekly $495-505 Calls
OSTK Weekly $41-44 Calls


Extended Watchlist:
REVB, IMPP, INDO, MULN, TEN, ICOA, INND, NXMR, ZNOG, 

Big Name Earnings Reporters & More

TJX, LOW Options Recap:

We’re cruising right along on the options front this week, with the earnings calendar having presented us with a lot to look at each morning. Today looks to be no different with several big name reporters on the slate.

First, we’ll go over the activity in the new ideas we formulated in yesterday morning’s premarket report, which produced a few winners. Apart from the BIDU Calls we were watching which weren’t very impressive, we were tracking the TJX Weekly $71-73 Calls, and the LOW Weekly $250-255 Calls, both of which produced significant intraday movement and profit opportunity.

Here are the ranges and total possible gains that could have been realized on the day:

TJX Weekly $71-73 Calls
$71:
 3.75-5.50 (+47%)
$72: 3.01-4.55 (+51%)
$72.50: 2.41-4.00 (+66%)
$73: 2.06-3.60 (+75%)
______

LOW Weekly $250-255 Calls
$250: .99-2.46 (+148%)
$252.50: .65-1.50 (+131%)
$255: .46-.95 (+107%)


Fresh Options Ideas: 
NVDA Weekly $312.50-317.50 Calls
KSS Weekly $60-62 Calls
VSCO Weekly $50-55 Calls
M Weekly $31-33 Calls


Extended Watchlist: 
GTLL, AHFD, EVTV, TGGI, VYGVF, SEV, CRDF, RAAS, DRNA

Home Depot & Other Updates, Fresh Ideas

Recapping Home Depot Calls, Other Options: 

As usual, our first order of business for the day is to provide tracking on our active options trading interests. This morning that includes the solid moves made by the Home Depot calls we signaled for observation in yesterday’s premarket watchlist. as well as some more new highs on a couple of the other plays on our radar this week.

Specifically, we are referring to the HD Weekly $370-375 Calls, the BEKE 11/19 $17.50-20 Calls, and the PYPL 12/10 $210-225 Calls. In the case of the HD’s, we got some fantastic intraday movement, and our pre-existing targets managed to tack on some impressive new highs.

Those movements and total possible options trading profits thus far, are as follows:

HD Weekly $370-375 Calls
$370: 10.00-24.45 (+145%)
$372.50: 8.50-22.00 (+159%)
$375: 7.15-19.51 (+173%)

BEKE 11/19 $17.50-20 Calls
$17.50: 1.94-7.40 (+281%)
$20: .65-5.00 (+669%)

PYPL 12/10 $210-225 Calls
$210: 4.00-10.50 (+163%)
$215: 2.88-7.78 (+170%)
$220: 2.05-5.60 (+173%)
$225: 1.45-4.00 (+176%)


Fresh Options Ideas:
BIDU Weekly $170-175 Calls
TJX Weekly $71-73 Calls
LOW Weekly $250-255 Calls 


Extended Watchlist: 
PROG, CEI, SPI, ZSAN, RMTI, PCTL, GWHP, SBFM

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