Monday in Review:
We’ve never been about glossing over a bad performance, and Monday was simply not the kind of quality we usually produce, and expect from ourselves. Of the three possible targets we included in our premarket report, only our SPY Puts recorded impressive moves. That said, we’ve never stayed down long, and we’ll try to right the ship today.
Here were the moves worth mentioning from yesterday’s targets, the SPY 09/28 $770-769 Puts, and the PBR Weekly $20.50 Calls:
SPY 09/28 $770-769 Puts
$770: 2.17-6.35 (+193%)
$769: 1.06-4.15 (+292%)
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PBR Weekly $20.50 Calls
$20.50: .41-.61 (+49%)
Fresh Options Ideas:
SPY 09/29 $766-767 Calls*
KMX Weekly $57.50-60 Calls
JEF Weekly $47.50 Puts
MTN Weekly $135 Puts
AIR Weekly $120 Calls
*Trading options contracts on their day of expiration should only be attempted by experienced traders
Extended Watchlist:
SOAR, ARAY, NXGB, KNRX, ECGI, MWWC, NAMI, MEDS, TXTM