Options Recaps, 5 Fresh Trading Ideas

Midweek Movers:

It was another nice day for us on Wednesday, in which all of our potential plays for the session produced notable upswings. We had a trio of fresh possibilities in our premarket report, and all three of them produced remarkable multi-bag moves ranging from the 200% to the 400% level. This short week has been playing out in exciting fashion, and with so many earnings reporters yesterday post-market and here in the premarket today, we wouldn’t be surprised if the excitement continues.

As for yesterday’s targets and the biggest runs they recorded, we had the DKS Weekly $207.50-212.50 Calls, the ANF Weekly $152.50-157.50 Calls, and the CHWY Weekly $19-20 Calls, and they logged the following moves:

DKS Weekly $207.50-212.50 Calls
$207.50: 
4.12-20.96 (+409%)
$210: 5.09-18.85 (+270%)
$212.50: 4.80-15.79 (+229%)
_____

ANF Weekly $152.50-157.50 Calls
$152.50:
 7.69-41.30 (+437%)
$155: 7.41-38.87 (+424%)
$157.50: 6.28-32.90 (+424%)
_____

CHWY Weekly $19-20 Calls
$19: .77-3.00 (+290%)
$19.50: .55-2.52 (+358%)
$20: .38-2.23 (+487%)


Fresh Options Ideas:
OKTA Weekly $99-102 Calls
DG Weekly $142-146 Calls
BURL Weekly $225-230 Calls
BBY Weekly $75-77 Calls
PSTG Weekly $65-70 Calls


Extended Watchlist: 
STSS, MNTS, ONMD, KTRA, SMFL, JFBR, ASTS, IONI, ABQQ

Options Review, Four Fresh Ideas

Options Review: 

This morning we’re going to start off by going over the options plays that worked out for us yesterday. We were tracking ideas in the TLRY and SPY chains that produced moderate, and excellent gains, respectively.

We were going after the TLRY Weekly $7-7.50 Calls, and the SPY 04/06 $448-446 Puts. and those plays did manage to record solid performances on the day as the markets were depressed on the session. While the Tllray calls only managed small moves, the SPY Puts exploded for huge multibsag runs.

TLRY Weekly $7-7.50 Calls
$7:
 1.06-1.45 (+37%)
$7.50: .80-1.18 (+48%)
_____

SPY 04/06 $448-446 Puts
$448: .55-2.80 (+409%)
$447: .27-1.91 (+607%)
$446: .14-1.20 (+757%)


Fresh Options Ideas:
CRMT 09/16 $75-85 Calls
CAG 04/08 $35-33 Puts
STZ 04/08 $237.50-232.50 Puts
LW 04/15 $60 Calls


Icon Media Holdings Inc. ICNM – OTC Recap:

To quickly update on the performance of an OTC stock we’ve been tracking in recent weeks, ICNM moved the needle yesterday as it ran from .0013 to .,0023 on the day.

That works out to an upswing of 77% and warrants further observation of the stock as it presses into blue skies.


Extended Watchlist: 
PRCX, NHLE, AWSI, RSHN, CGAC, SLDX, MNTS, HTGM, ERYP, MDVL, 

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