CVNA Calls to the Moon, 6 New Ideas

Options Runners From Thursday:

We fared quite well during yesterday’s session with regard to the options ideas we formulated for our daily premarket report. Out of five potential targets, four produced sizable moves in a positive direction on the day. Four out of five isn’t bad at all, especially when one of those produced runs that blew right past the 1000% mark like it was standing still!

Those incredible, mammoth runners came from our targets in the Carvana chain, the CVNA Weekly $18.50-19.50 Calls , and the other ideas in question were the SIG Weekly $64-62 Puts, the SMAR 06/16 $40 Puts, and the GME Weekly $21.50-20.50 Puts. All three of those plays returned multi-bag gain chances of their own, and here’s how all of that played out for us:

CVNA Weekly $18.50-19.50 Calls
$18.50:
 .58-7.50 (+1193%)
$19: .43-7.15 (+1562%)
$19.50: .36-6.55 (+1719%)
_____

SIG Weekly $64-62 Puts
$64:
 1.25-2.50 (+100%)
$63: .82-1.65 (+101%)
$62: .40-1.20 (+200%)
_____

SMAR 06/16 $40 Puts
$40: .85-2.25 (+165%)
_____

GME Weekly $21.50-20.50 Puts

$21.50: .45-1.14 (+153%)
$21: .32-.77 (+141%)
$20.50: .17-.48 (+182%)


Fresh Options Ideas:
SPY 06/09 $429 Calls*
DOCU Weekly $61-63 Calls*
TSLA Weekly $245-250 Calls*
CVNA Weekly $24.50-25.50 Calls*
BRZE 06/16 $35-40 Calls
DQ 07/21 $40-45 Calls

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


Extended Watchlist: 
SNOA, SIEN, AHI, TOI, CFRX, LEAS, VENG, SHMP, OZSC

Solid Start to the Week, Fresh Plays

Good Start to the Week:

We put our best foot forward yesterday morning, as we commenced this four day trading week with a big selection of potential options plays. Of the six that we highlighted in our premarket report, five of them produced positive intraday movement and gave traders a chance at some pretty good gains on the session.

Our winning calls for the day were the SPY 05/30 $421-422 Calls, the AMBA Weekly $79-81 Calls, the TSLA Weekly $197.50-200 Calls, the HPQ Weekly $31-32 Calls and the HPE 06/16 $15-16 Calls. The intraday moves they made and total possible profits available were as follows:

SPY 05/30 $421-422 Calls
$421:
 .08-.52 (+550%)
$422: .03-.16 (+433%)
_____

AMBA Weekly $79-81 Calls
$79:
 4.90-7.10 (+45%)
$80: 4.40-7.15 (+63%)
$81: 3.95-6.30 (+59%)
_____

TSLA Weekly $197.50-200 Calls
$197.50:
 5.66-10.04 (+77%)
$200: 4.69-8.50 (+81%)
_____

HPQ Weekly $31-32 Calls
$31:
 .97-1.12 (+15%)
$31.50: .68-.76 (+12%)
$32: .59-.68 (+15%)
_____

HPE 06/16 $15-16 Calls
$15: .90-1.15 (+28%)
$16: .35-.65 (+86%)


Fresh Options Ideas:
AAP Weekly $83-80 Puts
CPRI 06/16 $37.50 Puts
FRO 06/16 $14 Puts


Cann American Corp. CNNA – OTC Recap:

We also wanted to quickly give an update on an OTC cannabis play that we flagged for observation two Wednesday’s ago on the 17th. Subsequent to that alert, we have seen as CNNA has risen from a low of .0028, and yesterday the stock hit .0128. That works out to an impressive two-week swing of 357%

Even though we focus primarily on the more exciting world of options trading these days, we always keep our scanners tuned for OTC plays that sometimes make it into our daily extended watchlists, and this has been one of the better targets for us in recent memory.


Extended Watchlist:
AITX, VENG, AIAD, AUDA, WLGS, MRKR, TRVN, VTGN, ARDS, VQS

Big Play Friday, 6-Pack of Fresh Ideas

Big Session Friday:

We’re kicking off this holiday-shortened trading week in our favorite possible fashion- by happily reporting the excellent day we had on Friday with each and every one of the options ideas we offered up in our daily premarket report. We went with a good mix of earnings reporters and weren’t disappointed with the results. No matter how many times we call a perfect slate for a given session, and it happens quite often, it’s still exciting every single time.

Our focal points for the day had been the PDD Weekly $66-69 Calls, the ULTA Weekly $445-435 Puts, the MRVL Weekly $57-58 Calls, and the WDAY Weekly $212.50-217.50 Calls. Here were the intraday runs and total possible gains they produced on the session:

PDD Weekly $66-69 Calls
$66:
 1.98-5.30 (+168%)
$67: 1.50-4.29 (+186%)
$68: 1.03-3.45 (+235%)
$69: .76-2.50 (+229%)
_____

ULTA Weekly $445-435 Puts
$445: 11.57-27.90 (+141%)
$440: 5.41-22.45 (+315%)
$435: 5.20-16.90 (+225%)
_____

MRVL Weekly $57-58 Calls
$57: 2.16-8.45 (+291%)
$58: 1.51-7.20 (+377%)
_____

WDAY Weekly $212.50-217.50 Calls

$212.50: 2.30-6.00 (+161%)
$215: 1.12-3.95 (+253%)
$217.50: .62-2.15 (+247%)


Fresh Options Ideas:
SPY 05/30 $421-422 Calls*
AMBA Weekly $79-81 Calls
HPQ Weekly $31-32 Calls
TSLA Weekly $197.50-200 Calls
NUVA 06/16 $35-40 Calls
HPE 06/16 $15-16 Calls

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


Extended Watchlist:
CNNA, LTRY, LBNKF, GEGI, DPLS, ACON, QTEK, AAIC, BEAT, LXRX, 

Another Fantastic Friday, New Ideas

Friday’s Excellent Performance:

We certainly closed out this past trading week with flair, signaling a good mix of four options ideas in our premarket report on Friday morning. In not-so-atypical fashion, we saw considerable intraday movement in a positive direction, in each and every one of our outlined targets. Every single one of our alerted contract sets produced good opportunities during the session. It was an excellent way to finish off yet another great week for us.

Friday’s winning picks were the FL Weekly $32.50-31 Puts, the DE Weekly $380-385 Calls, the CTLT Weekly $30-35 Calls, and the SPY 05/19 $419-420 Calls, and here were the excellent gain chances they provided for our readers on the day:

FL Weekly $32.50-31 Puts
$32.50:
 1.15-2.50 (+117%)
$32: 1.00-2.10 (+110%)
$31: .35-1.20 (+243%)
_____

DE Weekly $380-385 Calls
$380: 4.74-9.14 (+93%)
$382.50: 3.39-7.26 (+114%)
$385: 2.42-6.00 (+148%)
_____

CTLT Weekly $30-35 Calls
$30: 3.80-8.00 (+111%)
$35: .30-3.40 (+1033%)
_____

SPY 05/19 $419-420 Calls
$419:
 .31-.76 (+145%)
$420: .14-.36 (+157%)


Fresh Options Ideas:
ZIM Weekly $16.50-15.50 Puts
GLBE 06/16 $35 Puts


Extended Watchlist:
AVRO, HEPA, IMMX, NCPL, CNSP, PACW, APTX, MONI, PLPL, GEGR

Thursday’s Movers, Fresh Play Friday

Thursday’s Big Runners:

We kept things moving yesterday with regard to our never-ending daily quest for hot options trades. Our premarket report contained five sets of ideas based off of a big day for earnings, and of those, four returned some very nice chances for intraday profit. We’ve got some nice names on the board today, so we feel confident that we can carry this success into the weekend.

Yesterday’s big opportunities came in the form of the TTWO Weekly $139-141 Calls, the WMT Weekly $150-152.50 Calls, the BABA Weekly $90-92 Calls, and the BBWI Weekly $36-37.50 Calls. The moves they recorded were fairly impressive. Here’s how the session shook out:

TTWO Weekly $139-141 Calls
$139:
 .75-3.15 (+320%)
$140: .60-2.32 (+287%)
$141: .57-1.66 (+191%)
_____

WMT Weekly $150-152.50 Calls
$150:
 .96-1.98 (+106%)
$152.50: .21-.51 (+143%)
_____

BABA Weekly $90-92 Calls
$90:
 .25-.58 (+132%)
$91: .18-.37 (+106%)
$92: .14-.27 (+93%)
_____

BBWI Weekly $36-37.50 Calls
$36:
 .90-1.80 (+100%)
$37: .45-1.10 (+144%)
$37.50: .35-.80 (+129%)


Fresh Options Ideas:
FL Weekly $32.50-31 Puts
DE Weekly $380-385 Calls
CTLT Weekly $30-35 Calls

SPY 05/19 $419-420 Calls 

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


Extended Watchlist:
BGLC, AUDA, RGLG, GSAC, LSDI, SDA, NBY, BHG, LXEH, FTCH

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