Friday’s Runners, 3 Fresh Ideas

Reviewing Friday’s Runners:

Things ended on a high note for the week on Friday after we witnessed some really nice opportunities come out of the targets we set forth in our premarket report. We had a slate of three possibilities, and the single-session chances they provided ranged from very good to excellent.

Our watchlisted ideas were the GOOG Weekly $162.50-167.50 Calls, the INTC Weekly $20.50-20 Puts, and the ABBV Weekly $185-187.50 Calls. The best moves they recorded on the day were as follows:

GOOG Weekly $162.50-167.50 Calls
$162.50:
2.56-4.44 (+73%)
$165: 1.14-2.35(+106%)
$167.50: .39-.91 (+133%)
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INTC Weekly $20.50-20 Puts
$20.50: .38-.67 (+76%)
$20: .06-.20 (+233%)
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ABBV Weekly $185-187.50 Calls
$185: .33-2.80 (+748%)
$187.50: .12-.65 (+442%)


Fresh Options Ideas: 
DPZ Weekly $485-475 Puts
TSLA $285-287.50 Calls
RVTY 05/16 $100 Calls

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


Extended Watchlist:
AGMH, WW, GLMD, OMEX, INEO, PRTG, MLGO, TAL

Kicking Off a Potential-Filled Trading Week

Hydrofarm Holdings Group, Inc. HYFM – Options Update:

As a result of the relatively dry period for earnings (which will finally clear up starting next week) we’ve been formulating a lot of longer-term ideas on stocks with good technical setups. A couple of Monday’s ago, on the morning of September 27th, we signaled the HYFM 11/19 $35-40 Calls.

The stock itself saw its lows shortly thereafter, and for the past week, has been making incremental gains which have begun to produce the sort of activity that we were hoping to see.

Here are the ranges and percentage increases we’ve observed so far. With over a month still remaining prior to expiration, we wouldn’t be surprised to have to return to this one later to report further gains:

HYFM 11/19 $35-40 Calls
$35: 4.21-5.92 (+41%)
$40: 1.90-3.30 (+74%)
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Fresh Options Ideas: 
TAL Weekly $4.50-5.00 Calls
GM Weekly $58-59 Calls


Priority Aviation, Inc. PJET – Recap: 

Another play we signaled interest in toward the end of last month was PJET, which appeared in our report on the morning of September 30th, and the ensuing volatility did not disappoint.

This stock underwent a distinct dip-and-rip following our mention, going as low as .0125, before running back to .0235, for an upswing of 88% A break past .0244 this week, would put PJET into blue skies, so we’ll reserve a slot on our watchlists for it in upcoming sessions.


Extended Watchlist:
NHMD, MMTLP, IFXY, CGAC, MJWL, CFGX, SPZI, AAPT, PTGX, FLXN, TRVI, EZFL, ADMS

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