Wednesday’s Winners, 3 Fresh Possibilities

Wednesday in Review:

Things played rather well yesterday for the pair of potential options targets we included in our daily premarket report, There was positive activity in both plays, but as is common, our SPY targets provided the most juice. We’re pleased to have a couple of big earnings reports out today, finally, as we’ve been scraping the barrel for interesting targets for at least a couple weeks now.

As for yesterday’s activity, we had the SPY 07/09 $621-622 Calls and the CAG Weekly $20.50-21 Calls on watch, and here were the biggest runs from those contract sets on the day:

SPY 07/09 $621-622 Calls
$621
: 1.05-3.25 (+210%)
$622: .61-2.25 (+269%)
_____

CAG Weekly $20.50-21 Calls
$20.50
: .35-.50 (+43%)
$21: .20-.31 (+55%)


Fresh Options Ideas:
SPY 07/10 $624 Calls*
DAL Weekly $56-58 Calls
AZZ 07/18 $105 Calls

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


Extended Watchlist:
BTCM, DALN, STKH, SAFX, KLG, GIBO, CGTX, MP, AIRI, IGC, KLTO

Tuesday’s Movers, 3 Fresh Plays

Tuesday’s Movers:

We kicked things off for our week on Tuesday in fairly strong fashion, with both of the potential options plays we formulated for our premarket report, exhibiting solid upswings on the session. We had just a pair, but they both worked out well, to varying degrees.

We had the JBL Weekly $185 Calls, and the LEN Weekly $111-112 Calls and here were the runs they produced:

JBL Weekly $185 Calls
$185:
 4.00-18.79 (+370%)
_____

LEN Weekly $111-112 Calls
$111: 2.10-4.00 (+90%)
$112: 1.90-3.18 (+67%)


Fresh Options Ideas:
GMS Weekly $80 Calls
KFY Weekly $75 Calls
SPY 06/18 $598-599 Calls*

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


Extended Watchlist:
SEDG, RUN, PTLE, RYDE, APVO, BDRX, SAFX, RELI, TPET, HSDT, GHLD, LGHL

Options Recaps, A Pair of New Ideas

Reviewing Friday’s Activity:

We’re kicking off our week a day late this morning, after having to forego yesterday’s report for medical reasons. So what we’re going to do today is track back to Friday’s premarket report, and see how those plays fared to close out last week. Then we’ll come up with a set of fresh ideas today, so we can hop right back on track!

Friday’s daily targets were the LMT Weekly $480-485 Calls, the RH Weekly $210-212.50 Calls, the ADBE Weekly $402.50-397.50 Puts, and the CVX Weekly $147-149 Calls. They all exhibited some very nice activity, posting multibag gains on the day:

LMT Weekly $480-485 Calls
$480:
 3.70-8.50 (+130%)
$482.50: 2.35-6.00 (+155%)
$485: 1.31-4.79 (+266%)
_____

RH Weekly $210-212.50 Calls
$210:
 3.14-13.68 (+336%)
$212.50: 3.99-11.47 (+187%)
_____

ADBE Weekly $402.50-397.50 Puts
$402.50:
 8.46-18.29 (+116%)
$400: 5.57-15.97 (+180%)
$397.50: 4.75-13.60 (+186%)
_____

CVX Weekly $147-149 Calls
$147: .18-.60 (+233%)
$148: .10-.29 (+190%)
$149: .07-.17 (+143%)


Fresh Options Ideas:
JBL Weekly $185 Calls
LEN Weekly $111-112 Calls

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


Extended Watchlist:
ACXP, SLRX, VERV, CERO, AZTR, SAFX, RGC, INEO, PRPH, AIM

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