Options Recaps, Fresh Possibilities

A Good Day for Puts:  

It was a challenging day for the markets yesterday, as they experienced quite the bloodbath, and that did not bode particularly well for some of our bullish ideas, but fortunately, we had some bears on the docket as well and saw some very nice moves in those. Just the latest example of why we typically try to include a mixed bag of ideas as much as we can.

Our puts from yesterday were the UNFI 10/20 $15 Puts and the THO 10/20 $90 Puts, with the TSLA Weekly $245-242.50 Puts from Monday’s report tacking on some new highs for us as well. So the figures below represent yesterday’s activity on UNFI and THO, while the TSLA numbers reflect a two-day swing:


UNFI 10/20 $15 Puts
$15:
 .13-1.60 (+1131%)
_____

THO 10/20 $90 Puts
$90: .85-3.50 (+312%)
_____

TSLA Weekly $245-242.50 Puts
$245:
 4.70-7.05 (+50%)
$242.50: 3.74-5.70 (+52%)



Fresh Options Ideas:
MLKN 10/20 $22.50 Calls
COST Weekly $545-540 Puts
SPY 09/27 $426-427 Calls*

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


Extended Watchlist:
PIXY, CRDF, LIFW, GLTO, VINO, NYC, DNA

7-Day Win Streak, Fresh Plays

Another Perfect Run:

We offered up a mixed bag in terms of bears and bulls on our list of fresh options ideas from yesterday morning’s premarket report, and the session for the markets as a whole experienced a similar kind of day. That helped out with generating the kind of volatile activity that can be a boon to day traders. Once again, we swept the board with all of our daily options targets, which goes down in the books as our 7TH consecutive trading day without a single flat prospect.

Yesterday’s ideas were the CVS Weekly $73-71 Puts, the EL 05/19 $220-210 Puts and the KHC Weekly $40-41 Calls. The KHC Calls were definitely the big standouts for the day, but there were some really nice moves in the other plays as well. Here’s how it all shook out for the session:

CVS Weekly $73-71 Puts
$73:
 1.85-3.55 (+92%)
$72: 1.30-2.54 (+95%)
$71: .77-1.75 (+127%)
_____

EL 05/19 $220-210 Puts
$220: 11.70-14.95 (+28%)
$210: 5.20-8.50 (+63%)
_____

KHC Weekly $40-41 Calls
$40:
 .55-1.50 (+173%)
$40.50: .33-1.08 (+227%)
$41: .14-.69 (+393%)


Fresh Options Ideas:
EQNR 05/19 $27-29 Calls
BUD Weekly $63-64 Calls
SHEL Weekly $59-60 Calls
NVO 05/12 $167.50-162.50 Puts
SHOP Weekly $53-55 Calls


Extended Watchlist:
CYTO, SNGX, VINO, GDC, SVRE, AAU, SABS, XIN, VPLM