Wrapping Up the Short Trading Week with New Ideas

Options Reviews:

In an extremely rare occurrence, neither of the targets we were looking at in yesterday’s report turned in worthwhile performances on the day. We really can’t recall the last time that happened, if ever, but as we always say, nobody can win them all. Instead of reviewing those, we have updates on a handful of longer term plays that we’ve recently flagged.

We initially selected the PDCO 07/21 $31-33 Calls in our report on June 21st, the KBH 07/21 $50 Puts in the following day’s report, and the PAYX 07/21 $110-115 Calls on the morning of June 29th. Here are the figures on the upswings and new highs we’ve seen from these plays this week.

PDCO 07/21 $31-33 Calls
$31: .15-2.35 (+1467%)
$32: .10-1.50 (+1400%)
$33: .15-.85 (+467%)
_____

KBH 07/21 $50 Puts
$50: .08-2.05 (+2462%)
_____

PAYX 07/21 $110-115 Calls
$110:
 1.76-4.40 (+150%)
$115: .30-1.17 (+290%)


Fresh Options Ideas:
BABA Weekly $85-87 Calls*
RIVN Weekly $21.50-22.50 Calls*
LEVI 07/21 $14-13 Puts
SNOW 08/04 $170-165 Puts

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


Extended Watchlist:
GRRR, PWM, TTOO, ZVSA, TOP, CSTL, BJDX, NUZE, ECGR

5 Fresh Ideas to Finish the Week

Thursday’s Big Movers: 

We had another mixed, yet mostly successful outing yesterday with regard to the options trading ideas we formulated for our premarket report. Three out of four is not too shabby, and that’s how many of our ideas yielded at least once chance at multibag profits on the day. In the cases of OKTA and BBY, the gain opportunities were quite significant.

Those targets that we were tracking were the SNOW Weekly $144-141 Puts, the OKTA Weekly $80-82 Calls, and the BBY Weekly $82.50-81 Puts, and the solid figures they recorded for the session broke down like this:

SNOW Weekly $144-141 Puts
$144:
 5.90-12.54 (+112%)
$143: 5.25-12.00 (+129%)
$142: 5.55-10.35 (+86%)
$141: 4.64-9.80 (+111%)
_____

OKTA Weekly $80-82 Calls
$80: .31-1.63 (+425%)
$81: .22-1.09 (+395%)
$82: .14-.76 (+443%)
_____

BBY Weekly $82.50-81 Puts
$82.50: .62-1.90 (+206%)
$82: .46-1.72 (+274%)
$81: .21-1.08 (+414%)


Fresh Options Ideas:
AI Weekly $24-25 Calls*
DELL Weekly $39.50-38.50 Puts*
ZS Weekly $122-120 Puts*
SPY 03/03 $398-399 Calls*
TSLA Weekly $192.50-195 Calls*

*If you are not experienced in options trading, we strongly suggest you refrain from attempting to trade contracts on their day of expiration


Extended Watchlist:
HUBC, OBSV, ARDX, BRFG, SOUN, RUBY, NLST, CLNV, CORZQ, VDRM, SLVRF

Shorts Run on Wednesday, More for Today

Wednesday’s Bears on the Run: 

We’ve been performing reasonably well with our options ideas this week. Yesterday morning, we offered up a slate of four possible plays in our premarket report, three of which returned some very good intraday opportunities.

Yesterday’s batch of runners included the MNST 03/17 $100-95 Puts, the RIVN Weekly $18-17.50 Puts , and the DLTR Weekly $142-140 Puts, and the increases they posted on the day were considerable. Here’s how their intraday moves and total possible gains looked for the session:

MNST 03/17 $100-95 Puts
$100:
 2.00-3.46 (+73%)
$95: .53-1.00 (+89%)
_____

RIVN Weekly $18-17.50 Puts
$18: .85-2.47 (+191%)
$17.50: .57-1.99 (+249%)
_____

DLTR Weekly $142-140 Puts
$142: .11-.30 (+173%)
$141: .10-.22 (+120%)
$140: .07-.19 (+171%)


Fresh Options Ideas:
SNOW Weekly $144-141 Puts
SPLK Weekly $100-98 Puts
OKTA Weekly $80-82 Calls
BBY Weekly $82.50-81 Puts


Extended Watchlist:
CRDV, SKFG, HYREQ, TWRFF, ONCS, MTC, BRTX, CDIO, BSFC, BPTS

Five Fresh Plays to Close Out a Good Week

Solid Options Runners from Thursday:

While we didn’t quite get a clean sweep on our earnings related options ideas in yesterday morning’s premarket report, we did manage to find some fairly big runners in three out of the five selections we made for the day. The SPY Calls stood out, with the markets logging a seriously bullish session all day long, which facilitated some solid double bag runs, but the ideas we had in SNOW were the real winners.

The quick-strike targets that really produced for us were the SPY 08/26 $413-415 Calls, the SNOW Weekly $187.50-192.50 Calls, and the DLTR Weekly $155-150 Puts, which recorded the following intraday activity:

SPY 08/26 $413-415 Calls
$413: 
3.55-7.20 (+103%)
$414: 2.94-6.35 (+116%)
$415: 2.43-5.56 (+129%)
_____

SNOW Weekly $187.50-192.50 Calls
$187.50: 3.10-10.16 (+228%)
$190: 2.50-8.60 (+246%)
$192.50: 2.00-6.80 (+240%)
_____

DLTR Weekly $155-150 Puts
$155: 4.50-8.28 (+84%)
$152.50: 3.25-6.00 (+84%)
$150: 2.28-4.60 (+102%)


Fresh Options Ideas:
ULTA Weekly $425-435 Calls*
DELL 09/16 $42.50-47.50 Calls
WDAY Weekly $185-180 Puts*
JKS 09/16 $60 Calls

*Trading options on their day of expiration can carry a heightened level of risk and should only be attempted by seasoned traders!


Extended Watchlist:
GGII, CVSI, AABB, CZNI, TGGI, FRTG, GTCH, DRUG, BXRX, AVCT, FHS

More Flawless Options Performance, New Ideas

Another Straight Flush of Options Ideas:

Our daily options ideas that we formulated for yesterday morning’s premarket report contained a varied mix of bullish and bearish targets as well as expiration dates, and thanks to a generally volatile session for stocks in general, all four of those plays put together some pretty good intraday moves for us. It marks the second consecutive session that every single idea we put forth managed to record sizable gains.

We were targeting the IIVI 09/16 $55-60 Calls, the WOOF Weekly $15.50-14.50 Puts, the LZB 09/16 $30 Calls, and the JWN Weekly $21-20 Puts, and the very nice intraday runs and total possible gains for shrewd traders on these ideas were as follows:

IIVI 09/16 $55-60 Calls
$55: 
2.05-3.70 (+80%)
$60: .60-1.26 (+110%)
_____

WOOF Weekly $15.50-14.50 Puts
$15.50: .60-1.30 (+117%)
$15: .25-.78 (+212%)
$14.50: .17-.45 (+165%)
_____

LZB 09/16 $30 Calls
$30: .90-1.40 (+56%)
_____

JWN Weekly $21-20 Puts
$21: 1.42-2.44 (+72%)
$20.50: 1.11-1.95 (+76%)
$20: .79-1.50 (+90%)


Fresh Options Ideas:
SPY 08/26 $413-415 Calls
SNOW Weekly $187.50-192.50 Calls
ADSK Weekly $227.50-235 Calls
DLTR Weekly $155-150 Puts
BURL Weekly $148-145 Puts


Extended Watchlist:
INND, PHIL, DPLS, HVCW, BOXS, HYSR, KPRX, VACC, KAVL, MOHO, SSY, FREY

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