Another Flawless Day for Options:
We maintained our excellent options run yesterday, after adding four potential trading ideas to our radar in our premarket report for the day, and witnessing some very nice intraday upswings in those designated targets. Each and every one produced enough positive movement to facilitate some very nice profit chances.
Our daily interests for Wednesday’s session were the PLAY 06/16 $35 Calls, the CPB Weekly $50-49 Puts, the OLLI 06/16 $62.50-60 Puts, and the BASE 06/16 $20-17.50 Puts, and here we have the rundown of the intraday runs they exhibited:
PLAY 06/16 $35 Calls
$35: 2.40-7.66 (+219%)
_____
CPB Weekly $50-49 Puts
$50: 2.00-3.90 (+95%)
$49: 1.15-2.85 (+148%)
_____
OLLI 06/16 $62.50-60 Puts
$62.50: 1.35-3.30 (+144%)
$60: .50-1.95 (+290%)
_____
BASE 06/16 $20-17.50 Puts
$20: 1.25-4.10 (+228%)
$17.50: .20-1.80 (+800%)
Fresh Options Ideas:
SIG Weekly $64-62 Puts
SMTC 06/16 $27-28 Calls
SMAR 06/16 $40 Puts
GME Weekly $21.50-20.50 Puts
CVNA Weekly $18.50-19.50 Calls
Extended Watchlist:
BAOS, ACON, ONFO, MIMO, ALYA, TSLVF, HYSR, AIAD, BLCM, ASTA