A Winning Wednesday:
Wednesday was another good day for options plays in our premarket report. We lofted four possibilities, and each one saw some type of positive movement during the trading session. Most returned multibag intraday runs, so we kept our own weekly run alive in an interesting fashion.
Our specified candidates were the SPY 01/23 $604-606 Calls, the UAL Weekly $115-116 Calls, the STX Weekly $107-109 Calls, and the NFLX Weekly $995-1005 Calls. Here were the biggest daily upticks on those targets:
SPY 01/23 $604-606 Calls
$604: 1.71-3.87 (+126%)
$605: 1.34-2.91 (+117%)
$606: .80-2.02 (+152%)
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UAL Weekly $115-116 Calls
$115: .59-1.70 (+188%)
$116: .45-1.15 (+155%)
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STX Weekly $107-109 Calls
$107: 1.50-4.00 (+167%)
$108: 1.08-4.10 (+280%)
$109: .80-3.15 (+294%)
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NFLX Weekly $995-1005 Calls
$995: 8.42-14.98 (+78%)
$1000: 3.60-5.50 (+53%)
$1005: 2.95-4.40 (+49%)
Fresh Options Ideas:
UNP Weekly $240-245 Calls
GE Weekly $200-205 Calls
ELV 02/21 $400-420 Calls
Extended Watchlist:
HEPA, KOPN, VIGL, DXST, LITM, DGNX, MCTR