Big Play Wednesday, 6-Pack of New Ideas

Big Play Wednesday: 

Perhaps some of our newer readers thought we were exaggerating in yesterday morning’s report, when we mentioned how common it is for us sweep the board perfectly with our daily options plays. They wouldn’t have been under the wrong impression for very long, and yet again, all four of the selections we made in the premarket went on to make big moves.

We were on the bearish side of the fence with all of them, which were the SPY 01/25 $398-396 Puts, the BA Weekly $210-205 Puts, the MSFT Weekly $240-235 Puts, and the NEE 02/17 $80-77.50 Puts.  With the markets gapping down and sliding in the first hour, we were able to see the following ranges and total possible profits from these ideas:

SPY 01/25 $398-396 Puts
$398:
 2.17-4.50 (+107%)
$397: 1.58-3.60 (+127%)
$396: 1.12-2.76 (+146%)
_____

BA Weekly $210-205 Puts
$210:
 2.58-7.40 (+187%)
$207.50: 1.65-5.60 (+239%)
$205: 1.05-3.95 (+276%)
_____

MSFT Weekly $240-235 Puts
$240:
 1.25-2.49 (+99%)
$237.50: .66-1.39 (+111%)
$235: .37-.75 (+170%)
_____

NEE 02/17 $80-77.50 Puts 
$80: 2.00-4.80 (+311%)
$77.50: 1.15-3.11 (+170%)


Fresh Options Ideas::
NEE 02/17 $75 Puts
SPY 01/26 $401-402 Calls
TSLA Weekly $150-155 Calls
LVS Weekly $55-57 Calls
SHW 02/17 $230-220 Puts
IBM 01/27 $139-137 Puts 


Extended Watchlist:
BZFD, MLGO, UTRS, HLBZ, TYDE, XM, CORZQ, PQEFF, VENG, FRFR, LRGR, TLIF

Kicking the Tires on a Fresh Trading Week

Friday’s Options Runners:

We hope everyone enjoyed the last long weekend until the holidays, and is as ready as we are to hop back into trading action. We ended last week on a fairly positive note, having selected three potential options targets for observation and observing considerable gains in each of them. We are now seeing a considerable drop-off in daily reporters after what was an amazing earning season, but as always, we’ll seek out opportunities and make them work for us!

Our targets from Friday morning’s premarket report worked for us, and they were the AVGO Weekly $495-510 Calls, the LULU Weekly $315-322.50 Calls, and the HCP 09/16 $35-40 Calls. The LULU targets in the low end of the range were our biggest winners of the session, making moves that topped 300%

AVGO Weekly $495-510 Calls
$495: 11.71-21.11 (+80%)
$500: 7.19-16.00 (+122%)
$505: 3.96-11.00 (+178%)
$510: 2.00-6.70 (+235%)
_____

LULU Weekly $315-322.50 Calls
$315: .48-2.19 (+356%)
$317.50: .19-.83 (+337%)
$320: 1.75-4.16 (+138%)
$322.50: .77-2.00 (+160%)
_____

HCP 09/16 $35-40 Calls
$35: .78-1.20 (+54%)
$40: .35-.45 (+29%)


Fresh Options Ideas:
NVDA Weekly $136-138 Calls
NVDA 10/07 $145-150 Calls
GTLB 09/16 $50 Calls
GES 10/21 $17-19 Calls


Extended Watchlist:
AABB, ATYG, PQEFF, WTEQF, INTK, LVGI, TGGI, ISEE, HYRE, RUBY, ONVO, KOLD, APDN, ADT

Shorts Yield Dividends, Fresh Ideas to Close out the Week

Bearish Signals Pay Off:

We got things back on track in a big way for yesterday morning’s premarket report, with regard to our daily options ideas. It is an extremely rare occurrence that we would signal a full slate with nothing but bearish targets, but that’s exactly how things shook out yesterday, and it worked to our advantage.

The collection of puts that we were tracking for the day were the MDB Weekly $280-275 Puts, the OKTA Weekly $78-75 Puts, the CIEN 09/16 $55-45 Puts, and the SPY 09/02 $395-393 Puts, and thanks partly to the early downturn in the markets right from the opening bell, these were the caliber of gain opportunities that awaited us with these ideas:

MDB Weekly $280-275 Puts
$280: 
11.90- 40.58 (+241%)
$277.50: 14.60-39.00 (+228%)
$275: 9.40-35.00 (+272%)
_____

OKTA Weekly $78-75 Puts
$78:
 9.00-19.60 (+118%)
$77: 7.50-18.57 (+148%)
$76: 7.45-17.25 (+131%)
$75: 5.95-16.65 (+180%)
_____

CIEN 09/16 $55-45 Puts
$55: 6.90-9.50 (+38%)
$50: 2.18-5.20 (+138%)
$45: .57-1.44 (+153%)
_____

SPY 09/02 $395-393 Puts
$395: 3.83-5.82 (+52%)
$394: 3.27-5.14 (+57%)
$393: 2.76-4.48 (+63%)


Fresh Options Ideas:
AVGO Weekly $495-510 Calls
LULU Weekly $315-322.50 Calls
HCP 09/16 $35-40 Calls


Extended Watchlist:
ALST, DVLP, PSRU, SBES, PQEFF, GDVM, NBEV, BIAF, HOLI, DRUG, PXMD, FRZA, HCP