Tag: SPY

Friday’s Big Gainers, 3 Fresh Plays

Close, But No Cigar:

Well, we NEARLY did what we set out to do on Friday, which was to seal our fourth straight week of nothing but successful daily options picks. We offered up four possibilities, and three of them delivered. Unfortunately our targets in the INTU chain were simply too deep in the money to trade volume by the time the opening bell rang. However, 19 days without a bad idea is still an absolutely incredible feat, and we’re very proud of it.

Our premarket report winners for the session were the SPY 08/23 $557-559 Calls, the WDAY Weekly $260-265 Calls, and the CAVA Weekly $108-110 Calls. The gains they produced more than made up for missing on a single idea:

SPY 08/23 $557-559 Calls
$557: 1.47-5.61 (+282%)
$557.50: 1.20-5.16 (+330%)
$558: .95-4.69 (+394%)
$559: .58-3.56 (+514%)
_____

WDAY Weekly $260-265 Calls
$260: .20-1.16 (+480%)
$265: .20-.45 (+125%)
_____

CAVA Weekly $108-110 Calls
$108: 3.73-17.43 (+367%)
$109: 4.02-15.57 (+287%)
$110: 2.33-15.87(+581%)

Fresh Options Ideas:
SPY 08/26 $562-563 Calls
PDD Weekly $117-115 Puts
BHP 09/20 $55-57.50 Calls

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

Extended Watchlist: 
ELAB, TNXP, PWM, TCJH, NDRA, UBXG, MRM, MIRA, RR, ASST, LTNC, ASII

Options Recap, 4 Ideas to Close Out the Week

Thursday Recap:

We stuck to the bearish side of the tracks on the targets we formulated for our premarket report yesterday. Things worked out pretty well for us, and left us on pace to hopefully extend our good fortune for one more session today, as we stand on the edge of an entire trading month of useful ideas. Whether we hit that mark or not, the last few weeks have been incredible, and we’re proud of our accomplishments.

As for yesterday’s targets, we saw the following movement from the WSM 09/20 $130-125 Puts, the URBN Weekly $37-35 Puts, and the SNOW Weekly $124-122 Puts:

WSM 09/20 $130-125 Puts
$130: 4.20-5.70 (+36%)
$125: 2.55-3.50 (+37%)
_____

URBN Weekly $37-35 Puts
$37: .48-.85 (+77%)
$36: .35-.84 (+140%)
$35: .05-.20 (+150%)
_____

SNOW Weekly $124-122 Puts
$124: 3.50-7.87 (+125%)
$123: 2.70-7.60 (+181%)
$122: 2.23-7.00 (+214%)

Fresh Options Ideas:
SPY 08/23 $557-559 Calls*
WDAY Weekly $260-265 Calls*
INTU Weekly $550-560 Calls*
CAVA Weekly $108-110 Calls*

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

Extended Watchlist: 
MNTS, ELAB, VERB, FFIE, SYTA, PRTG, CRKN

Monday’s Runners, 4 Fresh Targets

Solid Start to the Week:

We got things off to a fine start on Monday morning with the pair of plays listed in our premarket report both producing intraday gain opportunities. It was a light load in terms of big time earnings reporters on the calendar, but we made it happen all the same.

We had the EL Weekly $94-95 Calls, which fared reasonably well, and the SPY 08/19 $554-555 Calls, which went on an incredible multibag run on the day. Here’s how those performances shook out:

EL Weekly $94-95 Calls
$94: 1.90-3.20 (+68%)
$95: 1.40-2.01 (+44%)
_____

SPY 08/19 $554-555 Calls
$554: 1.03-5.50 (+434%)
$555: .59-4.44 (+652%)

Fresh Options Ideas:
PANW Weekly $347.50-352.50 Calls
FUTU Weekly $62-63 Calls
TSLA Weekly $225-227.50 Calls
FN 09/20 $260-270 Calls

Alzamend. Inc. (NASDAQ:ALZN) – Recap:

We also wanted to briefly update on the run put up by ALZN, which we flagged in our extended watchlist. Due in part to the recent news of monkeypox outbreaks, this stock ran hard from a low of 5.72 on up to 15.06, which works out to an intraday pop of 136%


Extended Watchlist: 
INM, TANH, TGL, HOLO, AUUD, PRFX, MLGO, PITA, 

Three Week Streak, Pair of Potential Plays

Recapping Friday’s Runners:

We accomplished what we set out to do on Friday, in witnessing positive intraday runs from all of our daily options ideas, and nailing down the completion of our THIRD straight week without a poor target! We are extremely proud of what we’ve been able to produce this summer, and the mega-streak continues.

The trio of possible plays we were tracking Friday consisted of the SPY 08/16 $552-551 Puts, the COHR Weekly $72-74 Calls, and the HRB Weekly $60 Calls. Their biggest intraday upswings were as follows:

SPY 08/16 $552-551 Puts
$552: .66-1.45 (+120%)
$551: .44-1.01 (+129%)
_____

COHR Weekly $72-74 Calls
$72: 1.20-5.40 (+350%)
$73: 1.13-5.10 (+351%)
$74: .60-2.79 (+365%)
_____

HRB Weekly $60 Calls
$60: 6.31-8.50 (+35%)

Fresh Options Ideas:
EL Weekly $94-95 Calls
SPY 08/19 $554-555 Calls*

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

Extended Watchlist: 
APDN, TNXP, VRAZ, MAXN, RDHL, GOVX, ALZN, ONCO, AEMD, CMRX, ALTS

Closing Out Another Top Flight Week, 3 New Plays

Reviewing Thursday’s Winners:

We couldn’t really be more pleased with our performance yesterday, keeping our record-breaking (for us, anyway) win streak intact for the 14th straight session! We are one good slate of ideas for today, away from sealing our third straight week of nothing but wins! Even more impressive when we factor in that only a single idea on the preceding Friday stands in the way of our being on a MONTH-long string of success! We’re used to our ideas doing quite well on a regular basis, but this latest run has really been stretching the envelope.

Yesterday’s slate consisted of the WMT Weekly $73-75 Calls, the CSCO Weekly $48.50-49.50 Calls, the LITE Weekly $50-52.50 Calls, the DE Weekly $355-360 Calls, and the SPY 08/15 $547-549 Calls. These were the best intraday runs they registered for Thursday’s session:

WMT Weekly $73-75 Calls
$73: .36-.75 (+108%)
$74: .11-.22 (+100%)
$75: .04-.14 (+250%)
_____

CSCO Weekly $48.50-49.50 Calls
$48.50: .22-.33 (+50%)
$49: .22-.48 (+118%)
$49.50: .09-.18 (+100%)
_____

LITE Weekly $50-52.50 Calls
$50: 2.01-3.30 (+64%)
$52.50: .63-1.40 (+122%)
_____

DE Weekly $355-360 Calls
$355: 8.65-22.75 (+163%)
$358.50: 7.11-20.55 (+189%)
$360: 4.47-18.70 (+318%)
_____

SPY 08/15 $547-549 Calls*
$547: 2.63-6.34 (+141%)
$548: 1.96-5.25 (+168%)
$549: 1.34-4.29 (+220%)

Fresh Options Ideas:
SPY 08/16 $552-551 Puts*
COHR Weekly $72-74 Calls*
HRB Weekly $60 Calls*

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

Extended Watchlist: 
ZCAR, SEEL, CING, GTEC, RILY, QNTM

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