Friday’s Runners:
We cast a pretty wide net on Friday, offering up a large slate of five potential daytrading targets for our premarket report, and we ended up seeing some pretty decent opportunities come from that group. With the exception of a lackluster performance from the SPY calls as the markets fell hard early in the day, everything else we targeted recorded big time intraday runs.
We had the SPY 09/05 $649-651 Calls, the AVGO Weekly $342.50-347.50 Calls, the LULU Weekly $170-165 Puts, the DOCU Weekly $81-83 Calls, the GWRE 09/19 $250 Calls. These were the best moves of the session for each of those ideas:
SPY 09/05 $649-651 Calls
$649: .03-.13 (+333%)
$650: .01-.05 (+400%)
$651: N/A
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AVGO Weekly $342.50-347.50 Calls
$342.50: .16-1.30 (+712%)
$345: .08-.69 (+762%)
$347.50: .04-.34 (+750%)
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LULU Weekly $170-165 Puts
$170: .43-3.44 (+700%)
$165: .10-.85 (+750%)
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DOCU Weekly $81-83 Calls
$81: .46-1.50 (+226%)
$82: .25-1.00 (+300%)
$83: .07-.28 (+300%)
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GWRE 09/19 $250 Calls
$250: 5.74-14.20 (+147%)
Fresh Options Ideas:
MSTR Weekly $330 Calls
QS Weekly $9-9.50 Calls
HR 09/19 $17.50 Calls
Extended Watchlist:
OCTO, OPEN, HOUR, XAIR, RAPP. FORD, MCRB, PT, ULY, SATS