Friday’s Big Session, 4 New Ideas to Start the Week

A Flawless Friday Finish:

It was a fantastic Friday for us, as we managed to post the third straight session of excellent options ideas, and zero duds in our premarket report! It’s always great to finish off a trading week with a perfect slate of potential plays. We had a pretty good dump of big name earnings, and that was a big help toward some significant intraday gain opportunities.

Our targeted interests for the day were the MSFT Weekly $342.50-347.50 Calls, the UNH Weekly $460-465 Calls, the WFC Weekly $44.50-45.50 Calls, and the C Weekly $48-49 Calls. Their intraday ranges and caliber of possible profits were as follows:

MSFT Weekly $342.50-347.50 Calls
$342.50: 
4.00-8.80 (+120%)
$345: 2.06-6.50 (+216%)
$347.50: .92-4.11 (+346%)
_____

UNH Weekly $460-465 Calls
$460: 4.00-25.00 (+525%)
$462.50: 2.03-21.45 (+957%)
$465: 1.42-18.29 (+1188%)
_____

WFC Weekly $44.50-45.50 Calls
$44.50: .05-.21 (+320%)
$45: .02-.08 (+300%)
$45.50: .10-.27 (+270%)
_____

C Weekly $48-49 Calls
$48: 
.11-.33 (+200%)
$48.50: .06-.16 (+167%)
$49: .02-.07 (+250%)


Fresh Options Ideas:
TSLA Weekly $285-287.50 Calls
NVDA Weekly $455-460 Calls
AEHR Weekly $45-50 Calls
INTC Weekly $32.50-33.50 Calls


Extended Watchlist:
ABOS, BBIO, HCTI, NVFY, PRFX, GP, AWIN, COYA, ARGX, VENG, KSPN

CVNA Calls to the Moon, 6 New Ideas

Options Runners From Thursday:

We fared quite well during yesterday’s session with regard to the options ideas we formulated for our daily premarket report. Out of five potential targets, four produced sizable moves in a positive direction on the day. Four out of five isn’t bad at all, especially when one of those produced runs that blew right past the 1000% mark like it was standing still!

Those incredible, mammoth runners came from our targets in the Carvana chain, the CVNA Weekly $18.50-19.50 Calls , and the other ideas in question were the SIG Weekly $64-62 Puts, the SMAR 06/16 $40 Puts, and the GME Weekly $21.50-20.50 Puts. All three of those plays returned multi-bag gain chances of their own, and here’s how all of that played out for us:

CVNA Weekly $18.50-19.50 Calls
$18.50:
 .58-7.50 (+1193%)
$19: .43-7.15 (+1562%)
$19.50: .36-6.55 (+1719%)
_____

SIG Weekly $64-62 Puts
$64:
 1.25-2.50 (+100%)
$63: .82-1.65 (+101%)
$62: .40-1.20 (+200%)
_____

SMAR 06/16 $40 Puts
$40: .85-2.25 (+165%)
_____

GME Weekly $21.50-20.50 Puts

$21.50: .45-1.14 (+153%)
$21: .32-.77 (+141%)
$20.50: .17-.48 (+182%)


Fresh Options Ideas:
SPY 06/09 $429 Calls*
DOCU Weekly $61-63 Calls*
TSLA Weekly $245-250 Calls*
CVNA Weekly $24.50-25.50 Calls*
BRZE 06/16 $35-40 Calls
DQ 07/21 $40-45 Calls

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


Extended Watchlist: 
SNOA, SIEN, AHI, TOI, CFRX, LEAS, VENG, SHMP, OZSC

Solid Start to the Week, Fresh Plays

Good Start to the Week:

We put our best foot forward yesterday morning, as we commenced this four day trading week with a big selection of potential options plays. Of the six that we highlighted in our premarket report, five of them produced positive intraday movement and gave traders a chance at some pretty good gains on the session.

Our winning calls for the day were the SPY 05/30 $421-422 Calls, the AMBA Weekly $79-81 Calls, the TSLA Weekly $197.50-200 Calls, the HPQ Weekly $31-32 Calls and the HPE 06/16 $15-16 Calls. The intraday moves they made and total possible profits available were as follows:

SPY 05/30 $421-422 Calls
$421:
 .08-.52 (+550%)
$422: .03-.16 (+433%)
_____

AMBA Weekly $79-81 Calls
$79:
 4.90-7.10 (+45%)
$80: 4.40-7.15 (+63%)
$81: 3.95-6.30 (+59%)
_____

TSLA Weekly $197.50-200 Calls
$197.50:
 5.66-10.04 (+77%)
$200: 4.69-8.50 (+81%)
_____

HPQ Weekly $31-32 Calls
$31:
 .97-1.12 (+15%)
$31.50: .68-.76 (+12%)
$32: .59-.68 (+15%)
_____

HPE 06/16 $15-16 Calls
$15: .90-1.15 (+28%)
$16: .35-.65 (+86%)


Fresh Options Ideas:
AAP Weekly $83-80 Puts
CPRI 06/16 $37.50 Puts
FRO 06/16 $14 Puts


Cann American Corp. CNNA – OTC Recap:

We also wanted to quickly give an update on an OTC cannabis play that we flagged for observation two Wednesday’s ago on the 17th. Subsequent to that alert, we have seen as CNNA has risen from a low of .0028, and yesterday the stock hit .0128. That works out to an impressive two-week swing of 357%

Even though we focus primarily on the more exciting world of options trading these days, we always keep our scanners tuned for OTC plays that sometimes make it into our daily extended watchlists, and this has been one of the better targets for us in recent memory.


Extended Watchlist:
AITX, VENG, AIAD, AUDA, WLGS, MRKR, TRVN, VTGN, ARDS, VQS