Solid Start to A New Trading Week

Good Start to the Week:  

Things got off to quite a nice start for us yesterday, with our premarket report containing five sets of possible options targets. The only one that didn’t work out right off the bat was the set of longer-term October calls in a swing trade idea for PEBO that we’ll continue to keep an eye on.

As for the rest, which were the TSLA Weekly $262.50-267.50 Calls, the SPY 09/11 $446-448 Calls, the QCOM Weekly $111-113 Calls, and the BOWL Weekly $10 Puts, we saw the following excellent intraday activity:

TSLA Weekly $262.50-267.50 Calls
$262.50: 
5.37-14.25 (+165%)
$265: 4.35-12.30 (+183%)
$266.67: 3.75-11.02 (+194%)
$267.50: 3.45-10.44 (+203%)
_____

SPY 09/11 $446-448 Calls
$446: .95-2.72 (+186%)
$447: .45-1.71 (+280%)
$448: .17-.82 (+382%)
_____

QCOM Weekly $111-113 Calls
$111: 1.42-2.40 (+69%)
$112: 1.08-1.88 (+74%)
$113: .82-1.41 (+72%)
_____

BOWL Weekly $10 Puts
$10: .08-.35 (+337%)


Fresh Options Ideas:
ORCL Weekly $117-115 Puts
NVDA Weekly $455-450 Puts
MODV Weekly $30 Calls 


Canopy Growth Corp. (NASDAQ:CGC) – Recap:

We included an old familiar cannabis play in yesterday’s extended watchlist and the stock enjoyed a pretty impressive intraday run. It traded up from a low of 1.02 and hit 1.86. That works out to an intraday pop of 82% and the largest single session swing that CGC has experienced all year.


Extended Watchlist:
VGR, AVTX, ACB, AGIL, TNON, CRGE, LYRA, TTOO,

Friday’s Runners, Fresh Slate of Targets

Top-Flight Friday Finish:  

Last week was a short trading week that did not exhibit the sleepy characteristics that holiday weeks can sometimes display. We were on point with our options trading ideas all week long, and we capped off that excellent run in Friday morning’s report with four ideas that all made some really good intraday swings. Our biggest goal has always been identifying what we feel are some of the best possible targets on any given day, and as any of our regular readers can attest, we’ve become VERY good at what we do.

Friday’s interests were the DOCU Weekly $52-54 Calls, the RH Weekly $347.50-340 Puts, the SMAR 09/15 $40-45 Calls, and the SWBI 09/15 $10-12.50 Calls, and here are the nice moves they recorded on the session:

DOCU Weekly $52-54 Calls
$52: 
.04-.13 (+225%)
$53: .01-.05 (+400%)
$54: .01-.03 (+200%)
_____

RH Weekly $347.50-340 Puts
$347.50: 6.70-33.00 (+393%)
$345: 5.26-35.20 (+569%)
$340: 2.60-30.54 (+1075%)
_____

SMAR 09/15 $40-45 Calls
$40: 5.00-7.60 (+52%)
$45: .94-2.15 (+129%)
_____

SWBI 09/15 $10-12.50 Calls
$10: 
2.20-3.10 (+41%)
$12.50: .30-.85 (+183%)


Fresh Options Ideas:
TSLA Weekly $262.50-267.50 Calls
SPY 09/11 $446-448 Calls*
QCOM Weekly $111-113 Calls
BOWL Weekly $10 Puts
PEBO 10/20 $25 Calls

*Trading contracts on their day of expiration should only be attempted by experienced traders


Extended Watchlist:
NBY, CRNX, JG, TWNK, VRAX, CGC, PSTV, VS, YCRM, BDPT, LOVLY

Solid Start to the Week, Loads of Fresh Ideas

Monday’s Movers:  

As we cautioned in yesterday’s report, we were without a slate of earnings reporters to base our ideas off of yesterday, so we simply went with a couple of old familiar targets, and we ended up faring pretty well with those plays. Thankfully, we aren’t in the same boat today, with plenty of earnings hitting the wire between yesterday’s close and today’s open.

In the meantime, here are the figures from our ideas yesterday, which were the TSLA Weekly $240-245 Calls, and the SPY 08/28 $440-442 Calls. They posted the following profit potential for yesterday’s session, and as you can see, those SPY Calls were the real stars of the day:

TSLA Weekly $240-245 Calls
$240:
3.20-4.85 (+52%)
$242.50: 2.45-3.72 (+52%)
$245: 1.83-2.83 (+55%)

SPY 08/28 $440-442 Calls

$440: 1.15-3.28(+185%)
$441: .54-2.36 (+337%)
$442: .16-1.39 (+769%)


Fresh Options Ideas:
PDD Weekly $89-91 Calls
BBY Weekly $75-77 Calls
SJM 09/15 $145-150 Calls
CTLT 09/15 $47.50-50 Calls
HEI 09/15 $160-155 Puts


Extended Watchlist:
AXLA, TIVC, SISI, NCNC, ICCT, GSAT, CACO

Kicking Off Another Trading Week, New Plays

Recapping Friday’s Performance :  

We posted good numbers all week last week, and that trend was unchanged for the options trading ideas we offered up in Friday morning’s premarket report. We had ventured possible strike areas in three separate chains, and came back with some favorable results on the day. Even on days where the earnings calendar doesn’t provide us with many opportunities, we always seem to manage.

That trio of plays from Friday consisted of the ULTA Weekly $425-427.50 Calls, the AFRM Weekly $14-15 Calls, and the HIBB 09/15 $40 Calls. Here were the intraday runs we witnessed in each of the contract sets therein:

ULTA Weekly $425-427.50 Calls
$425:
1.37-3.39 (+147%)
$427.50: .90-2.10 (+133%)
_____

AFRM Weekly $14-15 Calls
$14: 1.08-4.25 (+293%)
$14.50: .77-3.62 (+370%)
$15: .47-3.21 (+583%)
_____

HIBB 09/15 $40 Calls
$40: 5.00-6.50 (+30%)


Fresh Options Ideas:

The landscape for interesting high profile earnings reporters is essentially barren today, but we’re going to be tracking the following plays in TSLA and the SPY, a couple of chains that we’ve relied upon for big gains many times before.

TSLA Weekly $240-245 Calls
SPY 08/28 $440-442 Calls*

*Trading contracts on their day of expiration should only be attempted by experienced traders

 



Extended Watchlist:

GNS, HE, VFS, GDC, VHNA, LQR, NKLA, BGLC

Massive Monday Recap, 5-Pack of New Ideas

Excellent Start to the Week:  

We got the trading week off to exactly the kind of start we like yesterday, with a slate of big name options ideas in our premarket report. We were on fire, formulating four fresh plays, all of which not only posted big moves yesterday but look to be poised for another session of gains. That won’t stop us from generating a whole new list of fresh ideas for today though, and we have some big earnings reports coming down the pipe.

Yesterday’s big runners, which again, would surprise us if they didn’t tack on new highs today, were the PANW Weekly $230-237.50 Calls, the SPY 08/21 $436-437 Calls, the NVDA Weekly $440-445 Calls, and the TSLA Weekly $217.50-222.50 Calls. As you can see, everything worked out swimmingly for the session, with the following intraday figures:

PANW Weekly $230-237.50 Calls
$230: 8.90-16.77 (+88%)
$232.50: 6.35-14.15 (+123%)
$235: 5.00-12.30 (+146%)
$237.50: 4.87-10.00 (+105%)

_____

SPY 08/21 $436-437 Calls*
$436: 
.63-4.04 (+541%)
$437: .30-3.07 (+123%)
_____

NVDA Weekly $440-445 Calls
$440: 
25.90-42.50 (+64%)
$442.50: 24.85-40.90 (+65%)
$445: 23.65-39.36 (+66%)
_____

TSLA Weekly $217.50-222.50 Calls
$217.50: 
7.25-15.55 (+114%)
$220: 5.72-13.52 (+136%)
$222.50: 4.55-11.45 (+152%)


Fresh Options Ideas:
SPY 08/22 $440-441 Calls*
FN 09/15 $140-145 Calls
LOW Weekly $220-225 Calls
BIDU Weekly $128-130 Calls
DKS Weekly $120-118 Puts 

*Trading contracts on their day of expiration should only be attempted by experienced traders


Extended Watchlist:
AXLA, FULC, GMVD, PMN, FRGT, SIDU

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