Tuesday’s Major Movers, 4 Fresh Ideas

Big Runs from Tuesday:

We really kicked things into high gear on Tuesday, coming out with three potential options ideas in our premarket report for the session. We saw some stupendous gain opportunities in each of our highlighted possibilities, that might have constituted our most valuable report in the last several weeks.

We had the SPY 07/14 $749-748 Puts, the JPM Weekly $330-325 Puts, and the BAC Weekly $59 Puts on watch for the day, and these were the excellent intraday runs they pieced together, all of which were well into multi-bag territory:

SPY 07/14 $749-748 Puts
$749:
.15-.83 (+453%)
$748: .09-.58 (+544%)
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JPM Weekly $330-325 Puts
$330: 
6.82-19.32 (+183%)
$327.50: 3.76-17.00 (+352%)
$325: 2.49-15.10 (+506%)
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BAC Weekly $59 Puts
$59: 
.07-.24 (+243%)


Fresh Options Ideas:
AEHR Weekly $90-95 Calls
JNJ Weekly 250-247.50 Puts
ASML Weekly $1820-1825 Calls
PGR Weekly $220-217.50 Puts


Extended Watchlist:
SKHY, CHRN, AXTI, ATAI, SEZL, TGB, CRWD, AAOI, RGC

BIG Options Explode & More

Options Success Continues

We routinely identify fresh options trading ideas for ourselves and our readers, and the past couple of sessions have been no different than what we’ve come to expect. 

Big Lots, Inc. BIG – Yesterday we reported on the success of the BIG 12/20 $22.50-27.50 Calls which we included in Friday’s premarket report and those set explosive new highs yesterday. Here are the total two-day upswings achieved by those plays:

BIG 12/20 $22.50-27.50 Calls
$22.50 Calls – Range: .96-4.57 – Max Gain: 376%
$25 Calls – Range: .20-2.46 – Max Gain: 1130%
$27.50 Calls – Range: .06-.88 – Max Gain: 1367%
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Canopy Growth Corp. CGC – We also placed the CGC Weekly $19-19.50 Calls on watch yesterday morning as a fresh idea to start the trading off with, and we’re pleased to relay the multi-bag intraday performances out of that pair of contracts. The $19 Calls ran from .42-2.54 for a daily gain of  % and the $19.50’s posted a range from .35-2.11, making total gains of up to % possible on the day.

The timing on our ideas came perfectly in sync with the company’s news that it would be hiring Constellation Brands (STZ) CFO as its new CEO (>>Read More)



More Fresh Options Ideas:

Chewy Inc. CHWY 01/10 $22.50-24 Calls
Stitch Fix, Inc. SFIX Weekly $27-28 Calls
Designer Brands, Inc. DBI 12/20 $17.50-15 Puts
Conn’s Inc. CONN 12/20 $17-15 Puts


Extended Watchlist: 
CLVS, TGB, VTGN, AVEO, ARAV, SAEX, DERM, NVTA

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