Monday’s Runners:
Things went fairly well for us on Monday with the potential plays we highlighted in our premarket report. With no weekly options contracts signaled, we didn’t see the type of volatility we’re usually after, but each of our ideas did record some some level of upward movement. We’ll want to try to keep an eye on these with just a couple weeks left until expiration, while we also move onto other possible opportunities.
We had placed the BNTX 11/21 $105 Calls, the RYAAY 11/21 $65 Calls, the ARES 11/21 $155 Calls, and the KB 11/21 $85 Calls on watch, and here were the results from those targets for Monday:
BNTX 11/21 $105 Calls
$105: 2.74-3.30 (+20%)
RYAAY 11/21 $65 Calls
$65: 1.50-2.15 (+43%)
ARES 11/21 $155 Calls
$155: 4.80-8.50 (+77%)
KB 11/21 $85 Calls
$85: .90-1.49 (+66%)
Fresh Options Ideas:
SPY 11/04 $677-676 Puts*
SHOP Weekly $167.50-165 Puts
UBER Weekly $93-91 Puts
SPOT Weekly $660-662.50 Calls
*Only experienced options traders should attempt to trade contracts on their expiration day
Extended Watchlist:
PTLE, MSPR, CHR, SAGT, UPWK, LOCL, HTZ, GTTB, ORIS, DAVE