Wednesday’s Clean Sweep:
We turned in another excellent card with respect to the possible options plays we signaled for observation in our premarket report yesterday. It was comprised of three sets of targets, all of which had released their quarterly earnings either in the premarket or Tuesday’s post-market. The markets themselves had another ripper of a session as well, and the activity we saw in our tracked ideas was very strong.
We were focused on the MS Weekly $115-116 Calls, the USB Weekly $48-48.50 Calls, and the ASML Weekly $705-695 Puts, and they logged the following intraday upswings for us:
MS Weekly $115-116 Calls
$115: 2.25-6.50 (+189%)
$116: 1.81-5.48 (+203%)
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USB Weekly $48-48.50 Calls
$48: .99-2.03 (+105%)
$48.50: .76-1.50 (+98%)
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ASML Weekly $705-695 Puts
$705: 6.51-28.00 (+330%)
$700: 5.55-26.00 (+368%)
$695: 4.40-22.00 (+400%)
Fresh Options Ideas:
TSM Weekly $200-205 Calls
BX Weekly $160-165 Calls
NVDA Weekly $139-140 Calls
SPY 10/17 $584-585 Calls*
*Only experienced traders should attempt to trade contracts on their day of expiration
Extended Watchlist:
NIXX, NTBL, BREA, VSME, STAF, MTEM, RIME, PIXY, KLTO