Good Start to the Week, 3 New Ideas

Monday’s Movers:

We got things off to a good start for the week yesterday morning. While we only lofted a pair of potential options trading targets in our premarket report for Monday’s session but the results came back pretty positive on both of them. We’ve been leaning on the SPY, as is typical for us during lackluster periods for high profile earnings reports.

Yesterday’s targets were the SPY 03/30 $638-640 Calls, and the PANW Weekly $150-152.50 Calls. Here were the biggest moves they recorded on the day:

SPY 03/30 $638-640 Calls
$638:
  .81-1.44 (+78%)
$639:  .66-1.18 (+79%)
$640:  .53-1.00 (+89%)
_____

PANW Weekly $150-152.50 Calls 
$150:  4.10-9.76 (+138%)
$152.50:  2.94-7.48 (+154%)


Fresh Options Ideas:
SPY 03/31 $639-640 Calls*
SNX Weekly $160 Calls
FDS Weekly $210 Calls

*Do not attempt to trade options contracts on the day of expiration unless you are an experienced trader


Extended Watchlist:
APLS, HKIT, VRAX, KIDZ, CNTA, SOGP, MASK, MGN, SST

Friday in Review, 3 New Potential Plays

Friday Recap:

Friday would have been a clean sweep session for us, but unfortunately one of our three ideas was rendered moot by a pretty obvious typo. However, the other two sets of targets we were watching in our premarket report made up for it, with some excellent intraday performance.

Those winning ideas were the AVGO Weekly $387.50-385 Puts, and the RH $155-157.50 Calls. both off the backs of earnings reports. We won’t have any earnings reporters to work with today, so we’ll go to other methods to generate our daily watchlist.

AVGO Weekly $387.50-385 Puts
$387.50:
10.54-31.93 (+203%)
$385: 8.09-29.63 (+266%)
_____

RH $155-157.50 Calls
$155: 7.96-18.02 (+126%)
$157.50: 4.00-10.00 (+150%)


Fresh Options Ideas:
SPY 12/15 $684-686 Calls*
MU Weekly $247.50 Calls
JBL Weekly $220 Calls

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


Extended Watchlist:
WOK, OCG, ASBP, MASK, IMG, RADX, YCBD, CGC, BDRX

Tuesday’s Runners, 3 Possible Trades

Notable Movers from Tuesday:

We didn’t sweep the entire board on Tuesday, with only two of the three options ideas we were tracking yielding positive result. Still, two out of three isn’t half-bad, and the targets from our premarket report that did run, ran pretty hard. There were four contract sets, and they all cracked into double bag territory.

Those ideas were the UNFI Weekly $33-34 Calls, and the LW 10/17 $57.50-60 Calls. They recorded the following upswings on the day:

UNFI Weekly $33-34 Calls
$33: 
2.39-5.17 (+116%)
$34: 2.15-4.40 (+105%)
_____

LW 10/17 $57.50-60 Calls
$57.50: 1.70-3.60 (+112%)
$60: .73-2.18 (+199%)


Fresh Options Ideas:
NKE Weekly $72-73 Calls
RPM 10/17 $115 Puts
CALM 10/17 $85 Puts


Extended Watchlist:
CJET, BURU, RVYL, LAC, RZLV, MASK, CAPS

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