Wednesday Winners, 4 New Trading Ideas

A Solid Midweek Performance:

Things went pretty well for us on Wednesday. All three of the quick-strike ideas we entered into the log in our premarket report returned some pretty good figures. We haven’t had many earning reporters to work with so far in 2024, but we’ve been getting along quite well, and are now finally heading into another earnings season so things should be pretty interesting from here on out.

Yesterday’s movers and shakers were the SPY 01/17 $474-473 Puts, the NVDA Weekly $562.50-565 Calls, and the SCHW Weekly $64-62.50 Puts. Here were the daily advances and total possible gains that were on the table for these targets:

SPY 01/17 $474-473 Puts
$474:
 1.53-4.00 (+161%)
$473: .89-3.10 (+248%)
_____

NVDA Weekly $562.50-565 Calls
$562.50: 2.18-6.62 (+204%)
$565: 1.72-5.40 (+214%)
_____

SCHW Weekly $64-62.50 Puts
$64: .69-1.18 (+71%)
$63: .30-.58 (+93%)
$62.50: .48-.85 (+77%)


Fresh Options Ideas:
TSM Weekly $109-111 Calls
BIRK Weekly $45-43.50 Puts
DFS Weekly $96-97.50 Calls
SPY 01/18 $473-475 Calls*

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


Extended Watchlist:
ATHXQ, KYNC, BDPT, EVFM, CBDW, AMMJ, CNHC, MRAI, ROMA, LYT, PHUN, CELU, AGFY

Tuesday’s Runners, 4 Fresh Ideas

Good Start to the Short Week:

We got things off to a pretty good start on this holiday-shortened week, despite only formulating a couple of possible options plays for our readers. The two targets that we did highlight in our premarket report, certainly put up some very solid numbers across the board, with multibag gain potential in each set of contracts mentioned.

Those were the NVDA Weekly $547.50-550 Calls, and the GS Weekly $377.50-382.50 Calls, and and here were the intraday upswings they posted for Tuesday’s session:

NVDA Weekly $547.50-550 Calls
$547.50:
 9.54-22.70 (+140%)
$550: 7.95-20.65 (+160%)
_____

GS Weekly $377.50-382.50 Calls

$377.50: 3.63-8.75 (+141%)
$380: 2.35-7.13 (+203%)
$382.50: 1.73-5.40 (+212%)


Fresh Options Ideas:
SPY 01/17 $474-473 Puts*
NVDA Weekly $562.50-565 Calls
SCHW Weekly $64-62.50 Puts

We also want to enter a potential longer-term play on Spirit Airlines into the mix, which is getting crushed after a judge blocked its merger with Jet Blue. Even if it continues to fall a bit, we’re taking the position that a snap-back may occur shortly thereafter, so we’re going to track the SAVE 02/16 $5.00-7.50 Calls in the days and weeks ahead. 

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


Extended Watchlist:
 LMDXF, GEGI, CVVUF, KYNC, SFRX, IPIX, ZVSA, BFRG, SLDP, 

Massive Moves Friday, Potential Trades to Start the Week

Friday’s Big Time Movers:

We closed things out on Friday morning just before the holiday break in a really big way. In our premarket report, we offered up trade possibilities in four options chains, and came away with multibag intraday performances across the board that ranged from good to great. It perpetuates a trend of excellence we’ve had going for 2024 so far, in which we’ve only missed on a single daily options idea. All indications are that this year is going to be every bit as successful as the last!

On Friday morning, were looking at the SPY 01/12 $475-477 Calls, the C Weekly $52-53 Calls, the JPM Weekly $170-175 Calls, and the UNH Weekly $520-515 Puts, and here were the excellent moves they posted during the session:

SPY 01/12 $475-477 Calls
$475:
 1.09-2.36 (+116%)
$476: .59-1.42 (+141%)
$477: .27-.66 (+144%)
_____

C Weekly $52-53 Calls
$52: .08-1.22 (+1425%)
$53: .02-.37 (+1750%)
_____

JPM Weekly $170-175 Calls
$170: .33-1.00 (+203%)
$172.50: .40-.91 (+127%)
$175: .06-.16 (+167%)
_____

UNH Weekly $520-515 Puts
$520: .89-6.50 (+630%)
$517.50: .57-4.50 (+689%)
$515: .27-3.00 (+1011%)


Fresh Options Ideas:
NVDA Weekly $547.50-550 Calls
GS Weekly $377.50-382.50 Calls



Integrated Cannabis Solutions Inc. (OTCMKTS:IGPK) – Recap:

We’ve also got a brief update on IGPK, a stock we included in Friday’s extended watchlist that went on to have a pretty nice intraday run from .0029-.0048. That’s an intraday pop of 66%


Extended Watchlist:
ELAB, CRLBF, LXMDF, TPTW, CAPV, ECSL, VAYK, DTGI

Wrapping Up a Successful Week, 4 Plays for Friday

Thursday’s Across-the-Board Sweep:

Things hashed out rather well for us on Thursday, as we offered our readers five new ideas for possible options plays in our daily premarket report. The wider the net you cast, there’s always a higher chance of the occasional miss, but that didn’t happen yesterday. Instead we got right back on our 2024 hot streak, with just one single idea we’ve put forth so far here in the new year failing to produce instant positive results.

Yesterday’s movers were the INFY Weekly $18 Calls, the KBH Weekly $62-61 Puts, the MARA Weekly $26-27 Calls, the COIN Weekly $155-157.50 Calls, and the NVDA Weekly $545-547.50 Calls. Here were the types of intraday moves they exhibited during the session:

INFY Weekly $18 Calls
$18:
 .82-1.09 (+33%)
_____

KBH Weekly $62-61 Puts
$62: .60-1.30 (+117%)
$61: .25-.70 (+180%)
_____

MARA Weekly $26-27 Calls
$26: 1.44-3.57 (+148%)
$26.50: 1.24-3.16 (+155%)
$27: 1.04-2.85 (+170%)
_____

COIN Weekly $155-157.50 Calls
$155:
 4.61-8.90 (+93%)
$157.50: 3.56-7.50 (+111%)
_____

NVDA Weekly $545-547.50 Calls
$545:
 1.74-8.80 (+406%)
$547.50: 1.26-6.95 (+451%)

Just for good measure, here’s an update on the new highs in our previously target set of NVDA Calls from Wednesday’s report. We’ve been attacking this chain since last week and it continues to work in our favor.

NVDA Weekly $532.50-537.50 Calls
$532.50: 8.60-21.20 (+146%)
$535: 7.13-19.10 (+168%)
$537.50: 6.10-17.15 (+181%)


Fresh Options Ideas:
SPY 01/12 $475-477 Calls*
C Weekly $52-53 Calls*
JPM Weekly $170-175 Calls*
UNH Weekly $520-515 Puts*

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


Extended Watchlist:
SPZI, CRCW, IGPK, VTXB, VOCL, VLCN, CRGE, JAGX, AUVI, AERT, NVVE, MDAI

Wednesday’s Winners, 4 Fresh Options Plays

Winning Trend Continues on Wednesday:

After a decent start to the first trading week of the new year on Tuesday, we kept things rolling pretty well yesterday for the second straight day. Our premarket report contained four potential plays on the options front, and each of those targets recorded some pretty good intraday upswings. We were hoping for a nice beginning to 2024 and thus far that goal is going according to plan!

Yesterday’s runners were the SPY 01/03 $472-471 Puts, the COIN Weekly $148-146 Puts, the MARA Weekly $22-21 Puts, and the UNF 01/19 $180 Puts. Here is the breakdown of their intraday performances for Wednesday:

SPY 01/03 $472-471 Puts
$472:
 1.12-3.70 (+230%)
$471: .51-2.76 (+441%)
_____

COIN Weekly $148-146 Puts
$148:
 3.37-5.25 (+56%)
$147: 2.88-4.60 (+60%)
$146: 2.55-4.12 (+62%)
_____

MARA Weekly $22-21 Puts
$22:
 .70-1.00 (+43%)
$21.50: .53-.79 (+49%)
$21: .41-.62 (+51%)
_____

UNF 01/19 $180 Puts
$180: 10.00-14.90 (+49%)


Fresh Options Ideas:
CALM 01/19 $55-52.50 Puts
WMT Weekly $160 Calls
RPM 01/19 $100 Puts
MBLY 01/19 $30-25 Puts 

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


Extended Watchlist:
MINM, OMGA, KTRA, RPID, JFBR, SMFL, HNRC, ZFRY, ABIT, RNGE, AHNR, TIPS

Get Our FREE Daily Reports!