Tag: SAIC

4-Pack of Fresh Options Plays

Options Recaps: 

Another day, another set of winning options ideas! We stick to this pattern because it produces results, and like usual, we put together some ideas for yesterday morning’s premarket report that enjoyed solid intraday performances.

The two sets of targets that turned in winning cards on the day were the SPY 12/06 $453-454 Calls, and the SAIC Weekly $85-90 Calls. The gains in the SAIC chain didn’t astonish, but they were very respectable, while the SPY calls ripped for big multibag gains. All in all, our targets provided plenty of opportunity for traders to bank quick intraday profits.

SPY 12/06 $453-454 Calls
$453: 2.86-7.61 (+166%)
$454: 2.27-6.78 (+199%)
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SAIC Weekly $85-90 Calls
$85: 3.60-5.20 (+44%)
$90: 1.20-2.15 (+79%)

Fresh Options Ideas:

We had another interesting set of earnings reporters today, which led us to these three sets of ideas, and we decided to roll with the SPY and formulate some more possible targets there. But be advised that those SPY contracts will expire tomorrow at market close.

SPY 12/08 $460 Calls
MDB Weekly $520 Calls
COUP Weekly $170-160 Puts
HQY 12/17 $50-40 Puts

Extended Watchlist:
ILUS, IGEN, TWOH, TOMDF, APTY, DMAN, URHG, 

Friday’s Runners, Today’s Fresh Targets

Options Review: 

As usual, we’re going to make our first order of business this morning, the highlighting of our options plays from Friday and what was performing. Three out of the five sets of ideas we formulated in Friday morning’s premarket report recorded notable intraday gains for us.

Those winning targets were the DOCU Weekly $190-175 Puts, the SMAR Weekly $65-70 Calls, and the MRVL Weekly $79-85 Calls. and while the gains weren’t earth-shattering, there were certainly plenty of strong intraday profit chances which could have been seized upon, to the tune of the following moves:

DOCU Weekly $190-175 Puts
$190: 35.01-58.12 (+66%)
$185: 29.82-53.30 (+79%)
$180: 24.24-42.00 (+73%)
$175: 20.04-42.97 (+114%)
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SMAR Weekly $65-70 Calls
$65: 4.60-7.24 (+57%)
$70: 3.04-4.00 (+32%)
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MRVL Weekly $79-85 Calls
$79: 6.53-9.00 (+38%)
$80: 5.06-8.60 (+70%)
$85: 1.53-4.50 (+194%)

Fresh Options Ideas: 

The premarket earnings calendar is rather light this morning, but we did hash out some ideas with two out of the three reporters, as well as target some daily SPY Calls, as the markets appear to be gearing up to pare losses from Friday’s down session.

SAIC Weekly $85-90 Calls
DLHC Weekly $12.50 Calls
SPY 12/06 $453-454 Calls*

*Trading options contracts on their day of expiration carries higher risk, and should only be attempted by experienced traders

Extended Watchlist:
IGEN, TGHI, UAMM, AAPT, CGAC, MSNVF, LICH, TTCM