Thursday’s Runners, 4 Fresh Friday Targets

Thursday’s Activity:

We’ve seen our share of challenges this week, but we’re finishing up on a solid note, with all four of the possible plays we put forth in yesterday’s premarket report producing some pretty good intraday upswings for us. It’s a good way to go into the weekend and hopefully set the tone for a fresh start on Monday that will lead to more good opportunities.

Yesterday’s watchlist items were the DG Weekly $139-138 Puts, the FUTU Weekly $150-152.50 Calls, the OLLI Weekly $105 Calls, and the DKS 03/20 $200-210 Calls. These were the best runs they put on the books for Thursday’s session:
:

DG Weekly $139-138 Puts
$139:
 1.76-3.20 (+82%)
$138: 1.15-3.53 (+207%)
_____

FUTU Weekly $150-152.50 Calls
$150:
 .32-.72 (+125%)
$152.50: .19-.38 (+100%)
_____

OLLI Weekly $105 Calls
$105:
 4.23-7.59 (+79%)
_____

DKS 03/20 $200-210 Calls
$200: 3.10-7.50 (+142%)
$210: 1.14-3.00 (+163%)


Fresh Options Ideas:
SPY 03/13 $667-668 Calls*
ADBE Weekly $250-247.50 Puts*
ULTA Weekly $577.50-572.50 Puts*
MU Weekly $407.50-410 Calls*

*Do not attempt to trade options contracts on the day of expiration unless you are an experienced trader


Extended Watchlist:
ISPC, BIAF, DEVS, ELPW, CXAI, PAYP, UEIC, EDHL, TOI, EONR, VEEE

Another Week of Solid Options Winners

Another Perfect Day for Options:

We scored major points with yesterday’s earnings plays, of which there were several. We took a stab at four separate ideas, and came out with intraday runners all the way across the board, continuing what has been a fantastic week of options trading opportunities. The markets themselves put up a mixed bag performance yesterday, but ran hard out of the opening gate and helped give our targets a push in the right direction.

Our areas of focus for the session were the DIS Weekly $120-123 Calls, the BROS Weekly $46-48 Calls, the BAM 08/19 $50-55 Calls, and the SPY 08/12 $424-425 Calls. They all performed rather well on the day with the following moves and total possible intraday gains:

DIS Weekly $120-123 Calls
$120:
 .62-1.21 (+81%)
$121: .39-.81 (+108%)
$122: .26-.54 (+108%)
$123: .16-.34 (+112%)
_____

BROS Weekly $46-48 Calls
$46: 3.79-8.00 (+111%)
$47: 2.54-7.10 (+180%)
$48: 2.31-6.32 (+174%)
_____

BAM 08/19 $50-55 Calls
$50: 3.30-4.20 (+27%)
$55: .20-.52 (+160%)
_____

SPY 08/12 $424-425 Calls
$424: 1.38-2.53 (+83%)
$425: 1.03-1.98 (+92%)


Fresh Options Ideas:
SPY 08/12 $420-421 Calls*
ILMN Weekly $200-195 Puts*
RIVN Weekly $38.50-39.50 Calls* 

*Trading options on their day of expiration can carry a heightened level of risk and should only be attempted by seasoned traders.


 INKW – OTC Recap:

Finishing off with another OTC recap this morning, we have an update concerning INKW. We flagged this play for observation last Thursday, and have since witnessed a move from .0056-.0146 which marks a very respectable run of 161% in the span of one trading week.


Extended Watchlist:
TGHI, BLFR, PKKFF, HVCW, BRBL, TGGI, LCLP, WPKS, UBX, NEPT, AEY, VEEE

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