Monday’s Movers, 6 Potential Plays

Monday’s Runners:

Things got off to a very nice start for us on Monday with the four ideas we threw out there for our premarket report all performed pretty well. It was a solid way to kick off a fresh trading week, and sets the tone for more chances at success. In the case of our daily SPY calls, we saw the huge multibag runs that we’ve come to expect when we play off of that fund.

In sum, our targets for the day were the SPY 02/23 $688-687 Puts, the DPZ Weekly $400 Calls, the AXSM 03/20 $185-180 Puts, and the FRPT 03/20 $72.50 Puts. Here were their best runs of the session:

SPY 02/23 $688-687 Puts
$688:
 1.05-7.59 (+623%)
$687: .82-6.75 (+723%)
_____

DPZ Weekly $400 Calls
$400: 8.91-13.60 (+53%)
_____

AXSM 03/20 $185-180 Puts
$185: 8.22-17.30 (+110%)
$105: 6.20-9.58 (+55%)
_____

FRPT 03/20 $72.50 Puts
$72.50: 2.31-3.80 (+65%)


Fresh Options Ideas:
TSM Weekly $377.50-380 Calls
HD Weekly $385-387.50 Calls
CEG Weekly $297.50-300 Calls
KDP Weekly $30 Calls
FERG Weekly $250 Puts
NRG Weekly $180 Calls


Extended Watchlist:
TLIH, VIR, LRMR, PVLA, BHAT, SILO, SGHC, CLVT, EZRA, THR, MYGN

Options Recaps, 4 New Possible Plays

Reviewing Monday’s Performance:

To start off this morning, we’d like to apologize for the unexpected absence yesterday. Storm related power outages prevented us from releasing a newsletter for yesterday. So this morning, we’ll start off by highlighting what the ideas in our premarket report for Monday did, and then jump in with some new ideas for today.

Monday’s targets were the SPY 10/27 $681-683 Calls, the KDP 11/21 $29-30 Calls, the RVTY 11/21 $95 Puts, and the BOH 11/21 $65 Calls. These were the best moves we saw from those for that session:

SPY 10/27 $681-683 Calls
$681:
 1.94-4.56 (+135%)
$682: 1.16-3.52 (+203%)
$683: .55-2.60 (+373%)
_____

KDP 11/21 $29-30 Calls
$29:
 .70-1.13 (+61%)
$30: .40-.70 (+75%)
_____

RVTY 11/21 $95 Puts
$95: 2.92-3.66 (+25%)

BOH 11/21 $65 Calls
$65: .55-2.15 (+291%)


Fresh Options Ideas:
SPY 10/29 $688-689 Calls*
CAT Weekly $555-557.50 Calls
VZ Weekly $40-41 Calls
STX Weekly $237.50 Calls

*Only experienced options traders should attempt to trade contracts on their expiration day


Extended Watchlist:
CMBM, PPBT, ERNA, FGL, PFSA, PUMP, TLIH, VSEE, FUBO, BAER, XXII

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