Options Explosions, Fresh Ideas

More Options Mastery:

We’re closing out another trading week on an exceptionally high note with regard to the performance of our options ideas from yesterday morning;’s premarket report. Day in and day out, we strive to come up with the best possible options daytrading ideas, and much more often than not, the opportunities are there.

Such was the case yesterday with all three of the targets we honed in on, which were the KR Weekly $41-42 Calls, the SNOW Weekly $335-350 Calls, and the OKTA Weekly $197.50-205 Calls. 
All three sets of ideas we were tracking recorded excellent intraday movement, thanks in part to the markets’ bounce-back from Wednesday’s dip.

KR Weekly $41-42 Calls
$41:
 1.21-4.50 (+272%)
$42: .51-3.53 (+592%)
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SNOW Weekly $335-350 Calls
$335: 8.50-25.69 (+202%)
$340: 6.12-21.90 (+258%)
$345: 4.50-18.49 (+311%)
$350: 3.30-14.20 (+330%)
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OKTA Weekly $197.50-205 Calls
$197.50: 18.05-24.48 (+36%)
$200: 14.95-24.00 (+61%)
$202.50: 13.26-18.75 (+41%)
$205: 11.00-18.32 (+67%)


Fresh Options Ideas:

We’re also going to go big with FIVE sets of ideas this morning, but please be advised that they will all be expiring at the close today. That being said, the markets look ready to rip once again, so we feel confident we’ll see some good activity from the following potential plays.

SPY 12/03 $457.50-459 Calls
DOCU Weekly $190-175 Puts
ULTA Weekly $395-405 Calls
SMAR Weekly $65-70 Calls
MRVL Weekly $79-85 Calls


Extended Watchlist:
LGVN, CYAD, BIOL, TGHI, UAMM, RPMT, WDLF

Longer-Term Options Plays & More

Reviewing Last Week’s Success:

Last week was more than solid in terms of how we fared with our options trading ideas. After a big time week wherein we unearthed multiple thousand-percent or better gains, we closed things out with a bang on Friday by going two for three on on the fresh ideas we had signaled.

Our targets, the NKE Weekly $155-152.50 Puts and the COST Weekly $452.50-457.50 Calls both produced some really nice intraday gain opportunities for ourselves and our readers, and put a nice cap on one heck of a trading week.

NKE Weekly $155-152.50 Puts
$155:
 3.75-7.05 (+88%)
$152.50: 2.37-4.48 (+89%)
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COST Weekly $452.50-457.50 Calls
$452.50: 4.74-16.00 (+238%)
$455: 3.05-13.64 (+347%)
$457.50: 5.00-10.22 (+104%)


Fresh Options Ideas:
CDZI 11/19 $7.50 Calls
HYFM 11/19 $35-40 Calls 


Trans Global Group, Inc. TGGI – More New Highs:

We were just reporting back to our readers Friday morning on a OTC play we’ve been tracking in our reports repeatedly since initially flagging it on Aug. 12th.

We first caught TGGI at a low of .003, and after yet another mammoth session on Friday, it soared to a new high of .0267. That works out to an amazing run of 790% over the past six weeks or so and it has been very entertaining to watch.


Extended Watchlist:
RCAT, BBIG, PALT, PHCF, GTOR, CGAC, ETEK, TGHI, VPER, ICOA, PUGE

Looking for a Big Start to the Week

The Clorox Co. CLX – Recap

Our sole fresh options trading idea on Friday was in the CLX chain and came on the heels of the company’s earnings drop. Bleach definitely has a big role to play during the coronavirus pandemic based on a need to keep surfaces as disinfected as possible, making this a high synergy play.

The single-session gains our idea produced during Friday’s session are certainly indicative of that, with huge multi-bag rips across the board:

CLX Weekly $190-195 Calls
$190: .90-7.50 (+733%)
$192.50:  .63-5.69 (+801%)
$195: .41-3.33 (+712%)
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SPDR S&P500 (ETF) SPY – Recap

We also have the final highs and total ranges on the group of SPY Puts that we signaled in Thursday morning’s premarket report. Those also turned out to be a great success, with two-day moves which also reached multi-bag status.

SPY 05/04 $291-288 Puts
$291: 2.49-9.50 (+282%)
$290:  2.14-8.60 (+305%)
$289: 1.84-7.75 (+321%)
$288: 1.54-7.00 (+355%)


Fresh Options Ideas:
BUD 09/18 $45-55 Calls
STZ 07/17 $170-180 Calls
CGC Weekly $16-16.50 Calls
TLRY Weekly $7-7.50 Calls
TSN Weekly $57-55 Puts 


Extended Watchlist:
TGHI, GMEV, BYZN, WARM, RTTR, APDN, NNVC, YGYI, OGEN, PRTY

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