Decent Start to the Week:
We got things off to a fair start for the week on Monday, despite entering into another dreaded earnings dry spell. We included three ideas in yesterday’s premarket report, and while they didn’t exactly blow our doors off, we saw some good positive movement from each set on the day. We usually manage to find interesting possibilities no matter what, as is our continuing aim.
Our fresh targets for the session were the INTC Weekly $22.50-23 Calls, the TSLA Weekly $240-242.50 Calls, and the AIR 10/18 $70 Calls, and here was the intraday activity on those targets:
INTC Weekly $22.50-23 Calls
$22.50: .50-.84 (+68%)
$23: .35-.60 (+71%)
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TSLA Weekly $240-242.50 Calls
$240: 7.34-12.53 (+71%)
$242.50: 8.91-10.73 (+20%)
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AIR 10/18 $70 Calls
$70: 2.85-3.70 (+30%)
Fresh Options Ideas:
TSLA Weekly $252.50-255 Calls
THO 10/18 $100 Puts
SPY 09/24 $569 Calls*
*Only experienced traders should attempt to trade contracts on their day of expiration
Extended Watchlist:
TRNR, MLGO, SEEL, SLXN, MSS, JBDI, HSCS, FAAS