Options Review, Trio of Possible Targets

Tuesday’s Runners:

We’re back this morning after an unplanned absence yesterday. We made good on our effort to sweep the board on Tuesday’s options ideas, so we’ll highlight what those did on that day before we poke around for some fresh plays for today. We managed to put together a list of four solid possibilities in our premarket report from Tuesday, and they all ran pretty well.

They were the SPY 09/15 $760 Puts, the FPS Weekly $30 Calls, the TCOM Weekly $40 Calls, and the BAC Weekly $60 Puts These were the best runs they logged on Tuesday::

SPY 09/15 $760 Puts
$760:
 1.08-3.96 (+267%)
_____

FPS Weekly $30 Calls
$30:
 1.13-3.66 (+224%)
_____

TCOM Weekly $40 Calls
$40:
 .95-1.42 (+49%)
_____

BAC Weekly $60 Puts 
$60: .69-1.42 (+106%)


Fresh Options Ideas:
SPY 09/17 $761-763 Calls*
LEN Weekly $78 Puts
SPCX Weekly $152.50-155 Calls

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


Extended Watchlist:
AXTI, ARQT, FPS, SMTC, CIFR, LITE, BRKR, AMRX

Thursday’s Activity, 4 Friday Targets

Thursday Recaps:

It has turned out to be another really solid trading week for us. On Thursday, we floated five new potential trades in our premarket report for the day, and saw good intraday movement from each of our designated watchlist items.

We were focused on the SPY 09/03 $766 Calls, the AVGO Weekly $360-355 Puts, the HPE Weekly $50-49.50 Puts, the NTAP Weekly $165-160 Puts, and the SNOW Weekly $380 Calls. They recorded the following upswings on Thursday:

SPY 09/03 $766 Calls
$766:
 2.24-7.95 (+255%)
_____

AVGO Weekly $360-355 Puts
$360: 9.53-17.80 (+87%)
$357.50: 9.02-15.59 (+73%)
$355: 6.75-13.17 (+95%)
_____

HPE Weekly $50-49.50 Puts
$50: 1.37-2.40 (+75%)
$49.50: 1.08-2.01 (+86%)
_____

NTAP Weekly $165-160 Puts
$165: 1.09-1.44 (+32%)
$160: .60-.90 (+50%)
_____

SNOW Weekly $380 Calls
$380: 1.80-4.71 (+162%)


Fresh Options Ideas:
ZS Weekly $172.50-170 Puts*
GWRE Weekly $175-170 Puts*
LULU Weekly $100 Puts*
AMBA Weekly $62.50-62 Puts*

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


Extended Watchlist:
MSTR, SMMT, HCM, HOOD, CRCL, SPCX, MARA, BMNR

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