Wrapping Up a Good Holiday Week

Wednesday Options Recap:

We hope everyone enjoyed the holiday break, however you chose to spend it! We’re thankful for our long history of successful trading ideas, and for you, the readers! As we gear up for today’s half session we are, of course, going to kick things off with a rundown of the plays we alerted in our premarket report on Wednesday morning. There are no earnings reporters this morning, but we’ve got a couple of retail ideas to share.

All three of our ideas from Wednesday posted respectable intraday moves for us, and those were the ADSK Weekly $197.50-192.50 Puts, the JWN Weekly $22-21 Puts, and the DE Weekly $420-430 Calls. While the opportunities we’re eye-popping by any stretch, they were still very good for a day that is traditionally more subdued.

ADSK Weekly $197.50-192.50 Puts
$197.50:
 1.70-3.20 (+88%)
$195: .80-1.76 (+120%)
$192.50: .63-1.35 (+114%)
_____

JWN Weekly $22-21 Puts
$22:
 .31-.70 (+126%)
$21.50: .14-.36 (+157%)
$21: .06-.13 (+116%)
_____

DE Weekly $420-430 Calls 
$420: 11.70-27.70 (+137%)
$425: 8.20-23.00 (+180%)
$430: 4.90-18.45 (+276%)


Fresh Options Ideas:
WMT Weekly $150-152.50 Calls
TGT Weekly $162.50-165 Calls


Extended Watchlist:
HYSR, MKGP, GSTC, SHWZ, WULF, STGZ, COSM, JCSE, GOEV, VEON, XGN

Big Earnings Drops Continue, Fresh Plays

Tuesday’s Big Runners:

We had a pretty full earnings calendar yesterday morning, which is a trend that will persist throughout the remainder of the week. It resulted in our designating a group of four options ideas as primary trading interests of the day in our premarket report. Despite an extremely lackluster session for the markets at large, with a gap up to start the day followed by free-fall in the morning and a humdrum afternoon, all four of the target ranges we offered up as potential trading ideas produced considerable gains.

Those plays were the PFE Weekly $47.50-48.50 Calls, the LLY Weekly $355-347.50 Puts, the SONY Weekly $68-70 Calls, and the UBER Weekly $28-30 Calls. Here were the daily ranges and total possible gains they exhibited:

PFE Weekly $47.50-48.50 Calls
$47.50: 
.60-1.01 (+68%)
$48: .77-1.26 (+63%)
$48.50: .17-.35 (+106%)
_____

LLY Weekly $355-347.50 Puts
$355: 4.85-13.05 (+169%)
$352.50: 4.00-11.67 (+192%)
$350: 2.61-10.50 (+302%)
$347.50: 2.25-7.70 (+242%)
_____

SONY Weekly $68-70 Calls
$68: 3.35-6.00 (+79%)
$69: 2.57-3.90 (+52%)
$70: 1.85-4.20 (+127%)
_____

UBER Weekly $28-30 Calls
$28: 1.60-2.41 (+51%)
$28.50: 1.40-2.08 (+49%)
$29: 1.00-1.70 (+70%)
$29.50: .73-1.33 (+82%)
$30: .54-1.02 (+89%)


Fresh Options Ideas:
AMD Weekly $61-63 Calls
ABNB Weekly $107-104 Puts
NVO 11/18 $110-115 Calls
EL 11/18 $190-180 Puts
CVS Weekly $94-96 Calls


Wialan Technologies Inc. WLAN – OTC Update:

We had also provided an update on WLAN yesterday after initially signalling it for observation on  Friday morning, and the stock responded by tacking on a new high for us. That brings the range we’ve witnessed on WLAN so far up to .0036-.0077 which works out to a rise of 114%


Extended Watchlist:
SNOA, MULN, FRZA, ARCT, VEON, YUMC, CLOW, GDVM, SIOLY, WSRC

4 Fresh Options Plays to Finish the Week

SPY Runners, Earnings Plays: 

We played both sides of the fence on the SPY yesterday, signaling a strike range of both puts and calls in our premarket report. We only consider such a thing when the markets seem due for a choppy day, and we were certainly correct in assuming that would be the case. Thanks to a mixed session, we got just what we were looking for with the SPY Puts doing their thing in the morning, and the calls claiming the spotlight for the remainder of the day. Our pair of earnings plays also yielded results, giving us the third consecutive session of 100% accuracy on our ideas.

The specific targets we were zeroed in on were the SPY 03/11 $424-422 Puts, the SPY 03/11 $422-424 Calls, the JD Weekly $60-58 Puts, and the ASAN 03/18 $40-35 Puts.

SPY 03/11 $424-422 Puts
$424: 2.84-5.20 (+83%)
$423: 2.44-4.60 (+86%)
$422: 2.14-4.06 (+90%)
_____

SPY 03/11 $422-424 Calls
$422:
 2.49-5.51 (+121%)
$423: 2.05-4.74 (+131%)
$424: 1.65-4.01 (+143%)
_____

JD Weekly $60-58 Puts
$60:
 5.04-8.48 (+99%)
$59: 4.10-7.50 (+114%)
$58: 3.39-6.77 (+126%)
_____

ASAN 03/18 $40-35 Puts
$40: 3.49-5.40 (+68%)
$35: 1.30-2.40 (+87%)


Fresh Options Ideas:
BKE 03/18 $36.85-39.35 Calls
FUTU Weekly $29-30 Calls*
ULTA Weekly $375-385 Calls*
SPY 03/11 $428-430 Calls*

*Please use caution when trading options on their day of expiration. It should only be attempted by experienced traders with access to disposable funds!


Extended Watchlist:
FOSL, GFAI, EXN, PZG, VEON, TRX, BOPO, KGKG, DPLS, GTNM, TONR, KYNC, CLSD