Massively Successful Options Plays

Crushing it on Earnings Plays:

We have been offering up a greater-than-usual number of potential options plays with each daily newsletter of late, due to the extremely elevated amount of big name earnings reporters that have been dropping figures. We definitely took advantage of earnings season on Friday, when we put forth a half dozen ideas, all of which made multibag gains for us! Things couldn’t have gone any better for us to wrap up what had already been a great trading week.

As we kick off this fresh week of options opportunities we’ll start by going over those winning selections for Friday, which were the XOM Weekly $94-95 Calls, the CVX Weekly $150-155 Calls, the AAPL Weekly $160-162.50 Calls, the PG Weekly $145-143 Puts, the SPY 07/29 $407-408 Calls,and the AMZN Weekly $133-136 Calls. As we said, they all yielded a shot at double baggers or better, and those gains were as follows:

XOM Weekly $94-95 Calls
$94: 
.84-3.50 (+317%)
$95: .34-2.57 (+656%)
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CVX Weekly $150-155 Calls
$150: 
5.71-14.50 (+154%)
$152.50: 3.64-12.01 (+230%)
$155: 1.48-9.64 (+551%)
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AAPL Weekly $160-162.50 Calls
$160: 
.82-3.71 (+352%)
$162.50: .20-1.54 (+670%)
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PG Weekly $145-143 Puts
$145: 
3.00-6.32 (+111%)
$144: 2.10-5.52 (+163%)
$143: 1.52-4.62 (+204%)
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SPY 07/29 $407-408 Calls
$407: 
1.28-5.37 (+320%)
$408: 1.07-5.00 (+367%)
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AMZN Weekly $133-136 Calls

$133: 1.29-4.75 (+268%)
$134: .90-3.85 (+327%)
$135: .60-3.02 (+403%)
$136: .40-2.30 (+475%)


Fresh Options Ideas:
BLDR 08/19 $70-75 Calls
CHKP Weekly $125-120 Puts
ON Weekly $64-62 Puts
HSBC Weekly $33-34 Calls


Extended Watchlist: 
GOVX, MGAM, VRAX, TBLT, AEMD, CYAD, NRXP, RMO, MAIA, SKFG, WLAN, TGHI, EMGE, NUGN

Friday’s Runners, Today’s Fresh Targets

Options Review: 

As usual, we’re going to make our first order of business this morning, the highlighting of our options plays from Friday and what was performing. Three out of the five sets of ideas we formulated in Friday morning’s premarket report recorded notable intraday gains for us.

Those winning targets were the DOCU Weekly $190-175 Puts, the SMAR Weekly $65-70 Calls, and the MRVL Weekly $79-85 Calls. and while the gains weren’t earth-shattering, there were certainly plenty of strong intraday profit chances which could have been seized upon, to the tune of the following moves:

DOCU Weekly $190-175 Puts
$190:
 35.01-58.12 (+66%)
$185: 29.82-53.30 (+79%)
$180: 24.24-42.00 (+73%)
$175: 20.04-42.97 (+114%)
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SMAR Weekly $65-70 Calls
$65: 4.60-7.24 (+57%)
$70: 3.04-4.00 (+32%)
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MRVL Weekly $79-85 Calls
$79: 6.53-9.00 (+38%)
$80: 5.06-8.60 (+70%)
$85: 1.53-4.50 (+194%)


Fresh Options Ideas: 

The premarket earnings calendar is rather light this morning, but we did hash out some ideas with two out of the three reporters, as well as target some daily SPY Calls, as the markets appear to be gearing up to pare losses from Friday’s down session.

SAIC Weekly $85-90 Calls
DLHC Weekly $12.50 Calls
SPY 12/06 $453-454 Calls*

*Trading options contracts on their day of expiration carries higher risk, and should only be attempted by experienced traders


Extended Watchlist:
IGEN, TGHI, UAMM, AAPT, CGAC, MSNVF, LICH, TTCM

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