Small Selection, Big Moves:
Thursday turned out to be another excellent session. While we only selected a pair of ideas containing a total of three contract sets in our premarket report, we did see some really nice multi-bag movers in each case. Sometimes we cast a wider net and other times, as we can see below, we’re sharpshooters!
Our targets for Thursday’s session were the ORCL Weekly $190-192.50 Calls, and the OXM 06/20 $45 Puts. Here were the figures they laid down for us:
ORCL Weekly $190-192.50 Calls
$190: 2.41-12.62 (+424%)
$192.50: 1.52-10.20 (+571%)
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OXM 06/20 $45 Puts
$45: .50-2.65 (+430%)
Fresh Options Ideas:
LMT Weekly $480-485 Calls*
RH Weekly $210-212.50 Calls*
ADBE Weekly $402.50-397.50 Puts*
CVX Weekly $147-149 Calls*
*Trading options contracts on their day of expiration should only be attempted by experienced traders
Extended Watchlist:
CGBS, TMDE, ICON, RBNE, EONR, USEG
