Big Gainers on Thursday:
We had another excellent day on Thursday, entering four possible targets into the log for our premarket report, all of which returned some excellent multibag opportunities ranging from very good to exceptionally terrific.
We had the SPY 08/13 $773-774 Calls, the CSCO Weekly $117-115 Puts, the COHR Weekly $335-332.50 Puts, and the JD Weekly $30.50 Puts on our radar, and those plays produced the following intraday runs:
SPY 08/13 $773-774 Calls
$773: 1.94-6.43 (+231%)
$774: 1.32-5.45 (+313%)
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CSCO Weekly $117-115 Puts
$117: 2.21-5.02 (+127%)
$116: 1.64-4.40 (+168%)
$115: 1.12-3.35 (+199%)
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COHR Weekly $335-332.50 Puts
$335: 2.61-12.70 (+387%)
$332.50: 2.50-11.00 (+340%)
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JD Weekly $30.50 Puts
$30.50: .11-1.64 (+1390%)
Fresh Options Ideas:
SPY 08/14 $777-778 Calls*
AMAT Weekly $510-505 Puts*
MU Weekly $975-980 Calls*
*Trading options contracts on their day of expiration should only be attempted by experienced traders
Extended Watchlist:
ARX, AVAH, WDAY, MH, WIX, TBBB, HUBS, BVC, SNDK, EROC