A Winning Wednesday:
We put up quite a nice performance on Wednesday prior to the holiday break, highlighting a slate of three potential options targets in our premarket report for the session. We saw extremely solid performances from all three of those plays, with nothing less than strong double-bag moves across the board.
Our focal points were the GMS Weekly $80 Calls, the KFY Weekly $75 Calls, and the SPY 06/18 $598-599 Calls. Here were the best intraday upswings they recorded on Wednesday:
GMS Weekly $80 Calls
$80: 1.40-3.48 (+149%)
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KFY Weekly $75 Calls
$75: .46-1.26 (+174%)
SPY 06/18 $598-599 Calls
$598: 1.72-3.99 (+132%)
$599: 1.24-3.20 (+158%)
Fresh Options Ideas:
KMX Weekly $67.50-70 Calls*
DRI Weekly $230 Calls*
ACN Weekly $292.50-290 Puts*
*Trading options contracts on their day of expiration should only be attempted by experienced traders
Extended Watchlist:
WHLR, DFLI, MITQ, LUCY, BIYA, GIMS, AIM, AIFF, QNTM, JFBR