CVNA Calls to the Moon, 6 New Ideas

Options Runners From Thursday:

We fared quite well during yesterday’s session with regard to the options ideas we formulated for our daily premarket report. Out of five potential targets, four produced sizable moves in a positive direction on the day. Four out of five isn’t bad at all, especially when one of those produced runs that blew right past the 1000% mark like it was standing still!

Those incredible, mammoth runners came from our targets in the Carvana chain, the CVNA Weekly $18.50-19.50 Calls , and the other ideas in question were the SIG Weekly $64-62 Puts, the SMAR 06/16 $40 Puts, and the GME Weekly $21.50-20.50 Puts. All three of those plays returned multi-bag gain chances of their own, and here’s how all of that played out for us:

CVNA Weekly $18.50-19.50 Calls
$18.50:
 .58-7.50 (+1193%)
$19: .43-7.15 (+1562%)
$19.50: .36-6.55 (+1719%)
_____

SIG Weekly $64-62 Puts
$64:
 1.25-2.50 (+100%)
$63: .82-1.65 (+101%)
$62: .40-1.20 (+200%)
_____

SMAR 06/16 $40 Puts
$40: .85-2.25 (+165%)
_____

GME Weekly $21.50-20.50 Puts

$21.50: .45-1.14 (+153%)
$21: .32-.77 (+141%)
$20.50: .17-.48 (+182%)


Fresh Options Ideas:
SPY 06/09 $429 Calls*
DOCU Weekly $61-63 Calls*
TSLA Weekly $245-250 Calls*
CVNA Weekly $24.50-25.50 Calls*
BRZE 06/16 $35-40 Calls
DQ 07/21 $40-45 Calls

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


Extended Watchlist: 
SNOA, SIEN, AHI, TOI, CFRX, LEAS, VENG, SHMP, OZSC

Killer Day for Options, Fresh Plays

Endless Options Runners: 

Our prowess with options trading continued to assert itself on Tuesday, with four out of the four selections we made in our premarket report posting significant gain chances for ourselves and our readers. If you follow our picks regularly, you know complete miss is incredibly rare for us. It’s far more common that we sweep the entire board with good ideas, and that’s exactly how Tuesday’s session played out.

We were tracking the VZ Weekly $39.50-38.50 Puts, the RTX Weekly $96-95 Puts, the JNJ Weekly $170-165 Puts, and the MMM Weekly $115-116 Calls, and all four sets produced gains that ranged from pretty darn good, to eye-popping. Here’s the breakdown on the moves that were recorded:

VZ Weekly $39.50-38.50 Puts
$39.50:
 .10-.53 (+430%)
$39: .07-.30 (+328%)
$38.50: .03-.16 (+433%)
_____

RTX Weekly $96-95 Puts
$96:
 .73-2.10 (+188%)
$95: .01-.67 (+6600%)
_____

JNJ Weekly $170-165 Puts
$170:
 .95-4.10 (+331%)
$167.50: .26-2.04 (+684%)
$165: .10-.80 (+700%)
_____

MMM Weekly $115-116 Calls

$115: 1.59-2.87 (+489%)
$116: 1.19-2.31 (+701%)


Fresh Options Ideas:
SPY 01/25 $398-396 Puts*
BA Weekly $210-205 Puts
MSFT Weekly $240-235 Puts
NEE 02/17 $80-77.50 Puts

*Please don’t attempt to trade options on their day of expiration unless you are an experienced trader with access to disposable funds!


Extended Watchlist:
VENG, WSRC, CEOS, MGUY, AAPJ, BMXI, SNOA, INPX, GMBL, FWBI, NVOS, ARDS, CDTX

Big Earnings Drops Continue, Fresh Plays

Tuesday’s Big Runners:

We had a pretty full earnings calendar yesterday morning, which is a trend that will persist throughout the remainder of the week. It resulted in our designating a group of four options ideas as primary trading interests of the day in our premarket report. Despite an extremely lackluster session for the markets at large, with a gap up to start the day followed by free-fall in the morning and a humdrum afternoon, all four of the target ranges we offered up as potential trading ideas produced considerable gains.

Those plays were the PFE Weekly $47.50-48.50 Calls, the LLY Weekly $355-347.50 Puts, the SONY Weekly $68-70 Calls, and the UBER Weekly $28-30 Calls. Here were the daily ranges and total possible gains they exhibited:

PFE Weekly $47.50-48.50 Calls
$47.50: 
.60-1.01 (+68%)
$48: .77-1.26 (+63%)
$48.50: .17-.35 (+106%)
_____

LLY Weekly $355-347.50 Puts
$355: 4.85-13.05 (+169%)
$352.50: 4.00-11.67 (+192%)
$350: 2.61-10.50 (+302%)
$347.50: 2.25-7.70 (+242%)
_____

SONY Weekly $68-70 Calls
$68: 3.35-6.00 (+79%)
$69: 2.57-3.90 (+52%)
$70: 1.85-4.20 (+127%)
_____

UBER Weekly $28-30 Calls
$28: 1.60-2.41 (+51%)
$28.50: 1.40-2.08 (+49%)
$29: 1.00-1.70 (+70%)
$29.50: .73-1.33 (+82%)
$30: .54-1.02 (+89%)


Fresh Options Ideas:
AMD Weekly $61-63 Calls
ABNB Weekly $107-104 Puts
NVO 11/18 $110-115 Calls
EL 11/18 $190-180 Puts
CVS Weekly $94-96 Calls


Wialan Technologies Inc. WLAN – OTC Update:

We had also provided an update on WLAN yesterday after initially signalling it for observation on  Friday morning, and the stock responded by tacking on a new high for us. That brings the range we’ve witnessed on WLAN so far up to .0036-.0077 which works out to a rise of 114%


Extended Watchlist:
SNOA, MULN, FRZA, ARCT, VEON, YUMC, CLOW, GDVM, SIOLY, WSRC