Tuesday’s Activity:
Tuesday proved to be another nice outing for the potential options trades listed in our premarket report for the session. We’ve got a solid trend of winners building so far this, and all three of yesterday’s targets contributed to that, with the SPY being the biggest performer as usual.
We slated the SPY 09/22 $773-775 Calls, the THO Weekly $70 Calls, and the KBH Weekly $50 Calls for observation and witnessed the following results:
SPY 09/22 $773-775 Calls
$773: .57-1.94 (+240%)
$774: .21-1.00 (+376%)
$775: .07-.34 +386%)
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THO Weekly $70 Calls
$70: 3.10-5.90 (+90%)
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KBH Weekly $50 Calls
$50: 1.40-2.00 (+43%)
Fresh Options Ideas:
SPY 09/23 $773 Puts*
WOR Weekly $65-70 Calls
KBH Weekly $50 Puts
CBRL Weekly $47.50 Calls
*Trading options contracts on their day of expiration should only be attempted by experienced traders
Extended Watchlist:
VKT, BFLY, VICR, SGRY, INOD, TNGX, BLLN, HYMC, IBRX