Monday’s Movers, 3 Fresh Targets

Monday Review:

Monday was a solid session, kicking off the fresh trading week on good footing. We formulated a trio of potential options targets in our premarket report and saw positive moves out of each of them during the session. Stocks in general have been all over the map recently, and the short-term volatility has been working out very nicely from a daytrader’s perspective.

Our interests for Monday were the QFIN Weekly $45 Calls, the SAIC Weekly $110-115 Calls, and the NVDA Weekly $121-123 Calls. Here were the best moves from those contract sets on the day:

QFIN Weekly $45 Calls
$45: .80-3.75 (+369%)
_____

SAIC Weekly $110-115 Calls 
$110: 4.90-5.80 (+18%)
$115: 1.00-1.56 (+56%)
_____

NVDA Weekly $121-123 Calls
$121: (not pulling up in our data)
$122: 2.05-3.14 (+53%)
$123: 1.73-2.67 (+54%)


Fresh Options Ideas: 
SPY 03/18 $566 Puts*
TSLA Weekly 232.50-230 Puts
BEKE Weekly $23.50-24 Calls

*Trading options contracts on their day of expiration should only be attempted by experienced traders


Extended Watchlist:
SYRS, LITM, GNPX, SCNX, ADTX, ARBE, ACON

Friday’s Major Movers, Fresh Ideas to Start the Week

Add Another Week to the Streak:

The pendulum swung back to the bullish side of things for the markets on Friday, which meshed well with our exclusively bullish slate of potential options plays in our premarket report for the day. We had loaded up with four possible targets, and all four were good ideas. That stretched our patently insane streak without a failed pick to a full NINE WEEKS!

Our vastly successful choices for Friday’s session were the SPY 03/14 $557-559 Calls, the DOCU Weekly $81-83 Calls, the ULTA Weekly $337.50-342.50 Calls, and the NVDA Weekly $118-119 Calls, and here were the largest runs they produced on the day:

SPY 03/14 $557-559 Calls
$557:
1.67-6.77 (+305%)
$558: .83-5.69 (+585%)
$559: .70-4.75 (+578%)
_____

DOCU Weekly $81-83 Calls
$81:
1.75-7.53 (+330%)
$82: 1.45-6.61 (+355%)
$83: .59-5.52 (+835%)
_____

ULTA Weekly $337.50-342.50 Calls
$337.50:
2.00-20.40 (+920%)
$340: 1.96-19.50 (+895%)
$342.50: 1.16-16.00 (+1279%)
_____

NVDA Weekly $118-119 Calls
$118:
1.46-3.94 (+170%)
$119: .97-3.00 (+209%)


Fresh Options Ideas: 
QFIN Weekly $45 Calls
SAIC Weekly $110-115 Calls
NVDA Weekly $121-123 Calls


Extended Watchlist:
LYT, NAOV, ACON, QUBT, QSI, CISO, RGTI, LAES

Midweek Options Review & More

Midweek Options Review 

We offered up a buffet of options choices yesterday, and two of our ideas panned out immediately, with our longer-term idea still needing some time to mature.

The ones that worked out without delay were the designated ideas from the DBI and CONN chains. They were the DBI 12/20 $17.50-15 Puts and the CONN 12/20 $17-15 Puts.  Both of those were bearish signals on puts, and both yielded solid intraday results, good for opportunities to score the following daily gains:

Designer Brands, Inc. DBI 12/20 $17.50-15 Puts
$17.50 Puts – Range: 2.60-3.71 – Max Gain: 43%
$15 Puts – Range: .60-1.36 – Max Gain: 127%

Conn’s Inc. CONN 12/20 $17-15 Puts
$17 Puts
 – Range: 2.00-3.30 – Max Gain: 43%
$16 Puts – Range: 1.45-1.92 – Max Gain: 32%
$15 Puts – Range: .70-1.60 – Max Gain: 129%
______

Fresh Ideas
HOME 03/20 $5.00-7.00 Calls
CHWY Weekly $25.50-26 Calls
PLCE Weekly $61-59 Puts 


Extended Watchlist: 
NVUS, TYHT, KNSA, CNST, BDSI, XBIT, QFIN

Get Our FREE Daily Reports!