Thursday’s Perfect Options Sweep, 3 Fresh Plays

Options Clean Sweep:

It was not a great day for the market yesterday as they gapped down and continued to slide for the majority of the session. We went with a mixed bag of calls and puts for the fresh options ideas in our premarket report for the day, and despite the conditions, we were able to see appreciable gain opportunities all the way across the board. Scoring gains regardless of the direction the winds are blowing, has been routine for us for quite some time, and yesterday was another prime example of that.

Our daily targets were the TTD Weekly $46.50-48 Calls, the META Weekly $99-101 Calls, the DIS Weekly $95-92 Puts and the RBLX Weekly $35-33 Puts, with the RBLX Puts being the biggest runners of the session. Here is the breakdown of the level of gains that were there for the taking yesterday:

TTD Weekly $46.50-48 Calls
$46.50:
 .37-.74 (+77%)
$47: .26-.65 (+150%)
$47.50: .29-.51 (+79%)
$48: .22-.47 (+114%)
_____

META Weekly $99-101 Calls
$99:
 3.30-6.28 (+77%)
$100: 2.00-5.55 (+94%)
$101: 2.00-4.72 (+77%)
_____

DIS Weekly $95-92 Puts
$95:
 4.70-8.60 (+90%)
$94: 3.90-7.65 (+96%)
$93: 3.00-6.80 (+127%)
$92: 2.37-5.90 (+149%)
_____

RBLX Weekly $35-33 Puts 
$35: .80-4.40 (+450%)
$34.50: .72-3.60 (+400%)
$34: .56-3.45 (+516%)
$33.50: .44-2.92 (+563%)
$32: .33-2.60 (+688%)


Fresh Options Ideas:
SPY 11/11 $383-384 Calls
AZN Weekly $63-65 Calls
RIVN Weekly $29.50-30.50 Calls


Extended Watchlist:
LTMAY, CLOW, WNFT, AMPE, PHASQ, DRGV, SOXL, HUDI, FSRD, GOEV, VRAX

Recap Of Friday’s Winners, New Ideas

Friday’s Big Runners:

Leading into Friday morning’s premarket report, we had already had one heck of a with respect to our daily options ideas. We closed things out on Friday with three ideas for the session, and once again we were met with good fortune in everything we put on our radar.

The targets we offered up for potential trades were the SPY 08/12 $420-421 Calls, the ILMN Weekly $200-195 Puts and the RIVN Weekly $38.50-39.50 Calls. The markets had an extremely bullish session, so our SPY Calls were the standout gainers, but our other interests also provided some really nice multibag gain opportunities on the day:

SPY 08/12 $420-421 Calls
$420:
 1.90-7.41 (+290%)
$421: 1.29-6.00 (+365%)
____

ILMN Weekly $200-195 Puts
$200: .50-1.09 (+118%)
$197.50: .40-.60 (+50%)
$195: .20-.43 (+115%)
_____

RIVN Weekly $38.50-39.50 Calls
$38.50:
 .52-2.05 (+294%)
$39: .38-1.66 (+337%)
$39.50: .30-1.22 (+306%)


Fresh Options Ideas
YOU Weekly $30 Calls
WES Weekly $29-28 Puts
LI Weekly $32-31 Puts


Extended Watchlist:
CUBV, PDPG, GEGI, ELEK, HVCW, GSFI, TVPC, TISI, PSTV, UBX, VEE, HLBZ, BBBY

Another Week of Solid Options Winners

Another Perfect Day for Options:

We scored major points with yesterday’s earnings plays, of which there were several. We took a stab at four separate ideas, and came out with intraday runners all the way across the board, continuing what has been a fantastic week of options trading opportunities. The markets themselves put up a mixed bag performance yesterday, but ran hard out of the opening gate and helped give our targets a push in the right direction.

Our areas of focus for the session were the DIS Weekly $120-123 Calls, the BROS Weekly $46-48 Calls, the BAM 08/19 $50-55 Calls, and the SPY 08/12 $424-425 Calls. They all performed rather well on the day with the following moves and total possible intraday gains:

DIS Weekly $120-123 Calls
$120:
 .62-1.21 (+81%)
$121: .39-.81 (+108%)
$122: .26-.54 (+108%)
$123: .16-.34 (+112%)
_____

BROS Weekly $46-48 Calls
$46: 3.79-8.00 (+111%)
$47: 2.54-7.10 (+180%)
$48: 2.31-6.32 (+174%)
_____

BAM 08/19 $50-55 Calls
$50: 3.30-4.20 (+27%)
$55: .20-.52 (+160%)
_____

SPY 08/12 $424-425 Calls
$424: 1.38-2.53 (+83%)
$425: 1.03-1.98 (+92%)


Fresh Options Ideas:
SPY 08/12 $420-421 Calls*
ILMN Weekly $200-195 Puts*
RIVN Weekly $38.50-39.50 Calls* 

*Trading options on their day of expiration can carry a heightened level of risk and should only be attempted by seasoned traders.


 INKW – OTC Recap:

Finishing off with another OTC recap this morning, we have an update concerning INKW. We flagged this play for observation last Thursday, and have since witnessed a move from .0056-.0146 which marks a very respectable run of 161% in the span of one trading week.


Extended Watchlist:
TGHI, BLFR, PKKFF, HVCW, BRBL, TGGI, LCLP, WPKS, UBX, NEPT, AEY, VEEE