Continued Options Excellence, Fresh Plays


A Perfect Wednesday:

We got right back into the groove of perfect options plays on Wednesday, with our premarket report for the day containing no less than five fresh ideas for our readers’ consideration. Despite a choppy day from the markets in general, we were able to see some pretty nice gain chances in our targeted contracts all the same.

Those movers were the OLLI 12/16 $55-52.50 Puts, the THO 12/16 $85-90 Calls, the CPB Weekly $53-55 Calls, the LOVE 12/16 $25-22.50 Puts and the SPY 12/07 $393-392 Puts. As we said, we may have cast a wide net here, but it wouldn’t have mattered which way you angled because there were plenty of big fish to land! In the case of the SPY’s, one could have increased their position more than TEN-FOLD! Here’s a breakdown of the sorts of intraday gains that were on the table:

OLLI 12/16 $55-52.50 Puts
$55:
2.00-3.90 (+95%)
$52.50: 2.76-8.49 (+207%)
_____

THO 12/16 $85-90 Calls
$85:
2.85-4.45 (+56%)
$90: 1.26-2.35 (+86%)
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CPB Weekly $53-55 Calls
$53:
.81-3.00 (+270%)
$54: .50-2.20 (+340%)
$55: .23-1.35 (+486%)
_____

LOVE 12/16 $25-22.50 Puts
$25:
3.18-7.35 (+131%)
$22.50: 1.70-4.90 (+188%)
_____

SPY 12/07 $393-392 Puts

$393: .23-2.64 (+1047%)
$392: .16-2.10 (+1213%)


Fresh Options Ideas:
CPB Weekly $56 Calls
BABA Weekly $89-91 Calls
PDD Weekly $87-89 Calls
MOMO Weekly $5-6 Calls


Extended Watchlist:
GDVM, RECAF, PDPG, HNRC, PTHRF, PHVS, NUWE



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