Wednesday’s Winners, 4 Fresh Targets

 Wednesday’s Movers:

Another day, another full sweep of our board from yesterday’s premarket report. We’re always shooting for no misses, and so far this week, we’ve got a clean sheet. All four of our ideas for Wednesday produced solid chances for traders.

We had the SPY 09/23 $773 Puts, the WOR Weekly $65-70 Calls, the KBH Weekly $50 Puts, and the CBRL Weekly $47.50 Calls on our radar, and these were the biggest runs they put together on the day:

SPY 09/23 $773 Puts
$773:
 1.00-6.47 (+547%)
_____

WOR Weekly $65-70 Calls
$65: .19-1.15 (+505%)
$70: .15-.40 (+167%)
_____

KBH Weekly $50 Puts
$50: 2.20-3.30 (+50%)
_____

CBRL Weekly $47.50 Calls
$47.50: 1.45-3.25 (+124%)


Fresh Options Ideas:
SPY 09/24 $765-763 Puts
FUL Weekly $50 Puts
DRI Weekly $210 Puts
SNX Weekly $270-260 Puts

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


Extended Watchlist:
BENF, ARTL, VTGN, GCDT, BFRG, GGSM, MSS, ONCO, GLND, DCOY, LXEH

Perfect Streak Continues, 4 New Earnings Plays

Flawless Streak Sustained:  

We’re pleased to report that we were able to extend our streak of solid options targets with yesterday morning’s premarket report. We haven’t missed on a single pick yet this week, and that’s after coming just a hair’s breath from a perfect week last week! We don’t hold ourselves to perfection as a standard, but it is something we always work for, and often achieve.

Yesterday’s plays were the CRL 08/18 $210 Calls, the RBLX Weekly $35-34 Puts, and the SMCI Weekly $297.50-292.50 Puts and we saw some pretty good intraday movement from all three. Here’s the rundown of their daily performance:

CRL 08/18 $210 Calls
$210: 
6.54-9.40 (+44%)
_____

RBLX Weekly $35-34 Puts
$35: 2.58-5.80 (+125%)
$34.50: 2.41-5.05 (+110%)
$34: 1.90-4.71 (+147%)
______

SMCI Weekly $297.50-292.50 Puts
$297.50: 11.00-34.63 (+215%)
$295: 9.50-32.60 (+243%)
$292.50: 8.00-30.82 (+285%)


Fresh Options Ideas:

Earnings Season continues! Today’s calendar included some really big names, and companies whose earnings reports we’ve taken advantage of time and time again.

DIS Weekly $88-90 Calls
WYNN Weekly $103-105 Calls
APP 08/18 $35-37.50 Calls
BABA Weekly $97-99 Calls 


Extended Watchlist:
EDBL, PHXM, CPRI, VTGN, TTOO, WE, MF,  TRTCF, INND, ATBHF


Top Marks Tuesday, Fresh Earnings Plays

Yesterday’s Options Movers:  

We made some good picks for yesterday morning’s premarket report, coming up with four options trading ideas based off of the day’s earnings calendar. It was a mixed bag of calls and puts, and we fared pretty well with the whole lot of them. We’re still in the position of being right in the thick of an active quarterly earnings season, and attempting to take full advantage.

Yesterday’s four plays that turned out to be solid intraday runners were the DDOG Weekly $88-85 Puts, the UPS Weekly $172.50-175 Calls, the LLY Weekly $490-500 Calls, and the IFF 08/18 $65-60 Puts. The gains we observed, which ranged from reasonably strong to very good, on those ideas were as follows:

DDOG Weekly $88-85 Puts
$88: 
2.32-4.00 (+72%)
$87: 1.73-3.35 (+94%)
$86: 1.45-2.86 (+97%)
$85: 1.08-2.30 (+113%)
_____

UPS Weekly $172.50-175 Calls
$172.50: 
5.40-9.15 (+69%)
$175: 3.10-6.41 (+107%)
_____

LLY Weekly $490-500 Calls
$490: 18.55-47.80 (+158%)
$495: 13.65-44.45 (+226%)
$500: 12.65-39.35 (+211%)
_____

IFF 08/18 $65-60 Puts
$65: 1.45-2.25 (+55%)
$60: .34-.60 (+76%)


Fresh Options Ideas:
CRL 08/18 $210 Calls
RBLX Weekly $35-34 Puts
SMCI Weekly $297.50-292.50 Puts


Extended Watchlist:
EBET, VTGN, ATNF, TNGX, AKAN, DBTX, GRRR, HOTH


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

Monday’s Opportunities, Tuesday’s Fresh Plays

Monday’s Movers:

The week got off to a slow start yesterday, with the markets dipping and a general lack of interesting earnings reports, but we still managed to find some intraday opportunities in a couple of the options ideas we had signaled for observation. We went two for three on the day in our premarket report, which wasn’t too bad under the circumstances.

The ideas that produced intraday movement for us were the SPY 12/05 $405 Calls, and the SAIC 12/16 $110-115 Calls.and those gain chances were moderate but respectable. We also have an update on another set of December 16th calls that we alerted last Monday morning. the RYAN 12/16 $40 Calls, which put together a very nice run over the past week.

SPY 12/05 $405 Calls 
$405: .26-.49 (+88%)
_____

SAIC 12/16 $110-115 Calls
$110:
5.30-7.80 (+47%)
$115: 2.20-4.17 (+90%)
_____

RYAN 12/16 $40 Calls
$40:
.54-2.50 (+363%)


Fresh Options Ideas:
GTLB 12/16 $45 Calls
FERG 12/16 $115-120 Calls
SIG Weekly $60-62 Calls


Extended Watchlist:
NILIF, ICNM, WSRC, GSTC, RITE, BRLL, PVCT, SMMT, VTGN, STRY, VVNT

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