Options Review, 3 Potential Friday Plays

Wednesday’s Options Recap:

Yesterday morning, we formulated a group of three potential plays for our premarket report. Only one was an earnings play, but we still dug up a couple of other possibilities and of those, TSLA produced intraday gains of a significant nature, despite just the half day of trading. Although they didn’t exhibit much movement, we’ll still keep the longer term AZEK $40 Calls on the back burner for now and continue to monitor them over the next couple of weeks.

As for the STZ Weekly $262.50-267.50 Calls and the TSLA Weekly $235-240 Calls from yesterday’s report, we did see opportunities in some really fantastic upswings they recorded on the day, and TSLA did so well we’ll go ahead and roll up our potential strike prices today:

STZ Weekly $262.50-267.50 Calls
$262.50: .65-2.45 (+277%)
$265: .20-1.25(+525%)
$267.50: .14-.54 (+286%)

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TSLA Weekly $235-240 Calls
$235: 3.01-14.22 (+372%)
$237.50: 2.50-12.15 (+386%)
$240: 1.68-10.23 (+509%)


Fresh Options Ideas:
TSLA Weekly $250-255 Calls*
MARA Weekly $20.50-20 Puts*
SPY 07/05 $551-552 Calls*

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


Extended Watchlist: 
MAXN, QLGN, ZAPP, STSS, KOSS

Monday’s Huge Runners, New Potential Plays

A Great Way to Start the Week:

We were very happy yesterday with the performance of the potential options plays we highlighted in our premarket report for the day, kicking off this short trading week with an extremely positive vibe. We outlined three sets of potential strikes, and saw multi-bag intraday movement from each and every one.

We were focused on the SPY 07/01 $544-545 Calls, the DELL Weekly $138-140 Calls, and the ABNB Weekly $152.50 Calls for the session, and they put up the following impressive figured on the day:

SPY 07/01 $544-545 Calls
$544: 
.63-2.00 (+217%)
$545: .12-.89 (+642%)
______

DELL Weekly $138-140 Calls
$138: 
.94-7.10 (+655%)
$139: .75-6.00 (+700%)
$140: .64-5.40 (+744%)
_____

ABNB Weekly $152.50 Calls
$152.50: 
.58-1.18 (+103%)


Fresh Options Ideas:
MSM 07/19 $75 Puts
CRWD Weekly $390-385 Puts


Cannabis Bioscience International Holdings, Inc. (OTCMKTS:CBIH) – News Update:

We’ve got another news release from CBIH, a company we first began tracking on February 20th, which has made a lot of significant announcements over that time frame. On this occasion, the company has relayed some important news regarding the patent status of its cannabis-based cancer treatments.

We have come to know CBIH not only as a company with a lot going on, but a stock that has the capability of making significant upswings, as it has already done a couple of times. We’re interested to continue following its story.

HOUSTON, July 01, 2024 (GLOBE NEWSWIRE) — Cannabis Bioscience International Holdings (OTCMKTS: CBIH) is excited to announce the submission of our inaugural pair of patents, focusing on novel treatment methodologies for breast and pancreatic cancers, for legal review and subsequent registration. (>>View Full PR)


Extended Watchlist: 
VS, SYTA, RDZN, GNM, CSSEP, JFBR, MMVWW, VLSN, ZAPP, HOLO

Good Finish on Friday, 3 New Ideas

Reviewing Friday’s Movers:

We’re back in the saddle and set to undertake yet another holiday shortened week. On Friday, we had a slate of four potential options ideas in our premarket report, and three of the four yielded positive results, closing the week on a solid note. We’ve got even fewer scheduled earnings releases this week than we did for the previous holiday week, so we’ll have to get creative about our daily options ideas, but we’ll make sure there are some on the menu one way or the other!

As for Friday’s movers, we had the SPY 06/28 $547-549 Calls, the NKE Weekly $82-80 Puts, the ACCD 07/19 $5 Puts, and the MRCY 07/19 $27.50 Calls, and here’s how their performances played out on the session to end the week:

SPY 06/28 $547-549 Calls
$547: 
1.13-3.53 (+212%)
$548: .63-2.72 (+332%)
$549: .40-1.95 (+387%)
_____

NKE Weekly $82-80 Puts
$82:
3.20-7.55 (+136%)
$81: 2.06-6.40 (+211%)
$80: 1.65-5.47 (+231%)
_____

ACCD 07/19 $5 Puts
$5: 
.65-1.43 (+120%)


Fresh Options Ideas:
SPY 07/01 $544-545 Calls
DELL Weekly $138-140 Calls
ABNB Weekly $152.50 Calls

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


Extended Watchlist: 
GDHG, CSLR, SNTI, LGHL, THCH, PRST, NNAX, AITX, FCCN, GTVH, SCPX

Finishing Out the Week Strong, 4 New Targets

Thursday’s Runners:

We’re finishing out the week in the best way we know how, by going over another clean session yesterday in which all of our options ideas produced intraday chances for quick-witted traders. We had highlighted three potential plays in our premarket report, and all of them exhibited good intraday upswings.

Those winning targets were the MU Weekly $136-134 Puts, the MKC 07/19 $70 Calls, and the LEVI 07/19 $20-19 Puts. These were the numbers they registered on the session:

MU Weekly $136-134 Puts
$136:
2.00-5.31 (+165%)
$135: 1.54-4.50 (+192%)
$134: 1.14-3.75 (+229%)
______

MKC 07/19 $70 Calls
$70: 1.80-2.70 (+50%)
_____

LEVI 07/19 $20-19 Puts
$20: .55-1.15 (+109%)
$19: .30-.45 (+50%)


Fresh Options Ideas:
SPY 06/28 $547-549 Calls*
NKE Weekly $82-80 Puts*
ACCD 07/19 $5 Puts
MRCY 07/19 $27.50 Calls

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


Extended Watchlist: 
AAGR, LUCY, COSM, CARM, ESPR, INFN, ASNS, RDGL

Monday’s Strong Showing, 4-Pack of New Targets

A Great Start to the Week:

We kicked off the fresh trading week in good form yesterday, with the options ideas we formulated for our premarket report on Monday producing significant intraday upswings. We had just three fresh ideas to start of the week, and all three of them returned positive single-session moves for us.

We had targeted the ADBE Weekly $527.50-532.50 Calls, the SPY 06/24 $544-545 Calls, and the ALNY 07/19 $220-230 Calls, and these were the numbers we got out of those calls for Monday:

ADBE Weekly $527.50-532.50 Calls
$527.50: 
6.86-8.85 (+29%)
$530: 6.39-8.50 (+33%)
$532.50: 5.15-7.00 (+36%)
_____

SPY 06/24 $544-545 Calls
$544: 
.88-3.15 (+258%)
$545: .47-2.30 (+389%)
_____

ALNY 07/19 $220-230 Calls
$220: 
6.65-16.95 (+155%)
$230: 3.68-11.00 (+199%)


Fresh Options Ideas:
EPAC 07/19 $35 Puts
SNX 07/19 $120-115 Puts
NVDA Weekly $119-121 Calls
YELP 07/19 $39-40 Calls


Extended Watchlist: 
GLYC, NCPL, SNTI, RGS, KAVL, VLCN, ACON

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