Wednesday’s Runners:
We were in pretty good shape on Wednesday with the ideas we hashed out for our midweek premarket report recording some pretty nice movement on the day. We signaled a a slate of four potential ideas, and observed notable intraday runs in all four of them. It’s been a solid trading week so far, so we’ll look to carry that momentum into the weekend as best we can.
Wednesday’s targets were the AMD Weekly $247.50-245 Puts, the MCD Weekly $300-302.50 Calls, the ANET Weekly $143-141 Puts, and the EMR Weekly $129-128 Puts. These were their best upswings of the session:
AMD Weekly $247.50-245 Puts
$247.50: 3.40-5.34 (+57%)
$245: 2.54-4.14 (+63%)
_____
MCD Weekly $300-302.50 Calls
$300: 3.50-10.38 (+197%)
$302.50: 2.79-8.22 (+195%)
_____
ANET Weekly $143-141 Puts
$143: 2.12-4.00 (+89%)
$142: 1.65-3.30 (+100%)
$141: 1.78-2.72 (+53%)
_____
EMR Weekly $129-128 Puts
$129: .40-.60 (+50%)
$128: .55-.73 (+33%)
Fresh Options Ideas:
APP Weekly $665-667.50 Calls
ARM Weekly $165 Calls
AZN Weekly $82.50-85 Calls
TSLA Weekly $462.50-465 Calls
SPY 11/06 $678-679 Calls*
*Only experienced options traders should attempt to trade contracts on their expiration day
Extended Watchlist:
LZ, SKYT, FSLY, DDOG, NUAI, FWRD, PEN, SNAP, PHAR, YGMZ, WORX, STGW,