Options Recaps, 4 Fresh Plays

Tuesday Review:

While we wouldn’t exactly call yesterday’s a session a rousing success, we did signal three sets of options ideas in yesterday morning’s premarket report.and all three did manage to register significant intraday upswings. They just weren’t all the major multibag runners that we’re always aiming for, and are very accustomed to finding on a routine basis. Still, it was a board sweep and some fairly good results, so we have no complaints.

Our daily offerings were the SPY 08/27 $560 Puts, the NVDA Weekly $125 Calls, and the TCOM 09/20 $45-50 Calls. These were the biggest runs they posted for Tuesday:

SPY 08/27 $560 Puts
$560:
 .29-1.06 (+265%)

NVDA Weekly $125 Calls
$125:
 6.40-9.05 (+41%)

TCOM 09/20 $45-50 Calls
$45:
 1.70-2.45 (+44%)
$50: .30-.55 (+83%)


Fresh Options Ideas:
AMBA Weekly $62-64 Calls
BOX Weekly $30-31 Calls
CHWY Weekly $26-27 Calls
ANF Weekly $150-148 Puts

*Only experienced traders should attempt to trade contracts on their day of expiration


Extended Watchlist: 
TANH, ENSC, TRIB, SMFL, SOFA, ADXN, ELTP, HIRU, NBRI, ABQQ

Monday’s Movers, 3 New Chances

Good Start to a Fresh Week:

We were pretty pleased with the level of performance from the trio of possible options targets that we highlighted in yesterday morning’s report. We’re all set to make a strong run into labor day weekend, and will take whatever the markets give us. Considering the fact that in the last 5 weeks, we have only missed on two daily picks, we like our chances of making a good showing.

Yesterday’s movers were the SPY 08/26 $562-563 Calls, the PDD Weekly $117-115 Puts, and the BHP 09/20 $55-57.50 Calls. Here’s how their biggest runs of the day looked:

SPY 08/26 $562-563 Calls
$562:
 .06-.23 (+283%)
$563: .02-.09 (+350%)
_____

PDD Weekly $117-115 Puts
$117:
 11.87-17.30 (+46%)
$116: 11.82-20.36 (+72%)
$115: 6.57-19.06 (+190%)
_____

BHP 09/20 $55-57.50 Calls
$55:
 1.25-1.50(+20%)
$57.50: .35-.50 (+43%)


Fresh Options Ideas:
SPY 08/27 $560 Puts*
NVDA Weekly $125 Calls
TCOM 09/20 $45-50 Calls

*Only experienced traders should attempt to trade contracts on their day of expiration


Extended Watchlist: 
TANH, ENSC, TRIB, SMFL, SOFA, ADXN, ELTP, HIRU, NBRI, ABQQ