Tuesday’s Plays:
Despite another light day in terms of suggested targets, yesterday’s premarket report, turned out some very nice multi-bag intraday movers. We continue to see massive swings from the SPY, which is usually a fallback for us when not enough interesting earnings reporters are releasing statements.
We had the SPY 07/01 $615-616 Calls on the radar, and also the MSM 07/18 $85 Calls, which themselves turned out to be a massive runner:
SPY 07/01 $615-616 Calls
$615: 1.40-3.86 (+176%)
$616: .83-2.91 (+251%)
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MSM 07/18 $85 Calls
$85: 1.00-6.00 (+500%)
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We also wanted to update readers on one of the longer-term plays we recently tagged. In our report from last Monday (06/23), we signaled the NOC 07/18 $500-505 Calls and have observed the following increase in those targets over the past week:
NOC 07/18 $500-505 Calls
$500: 4.08-11.52 (+182%)
$505: 2.96-9.08 (+207%)
Fresh Options Ideas:
GBX 07/18 $52.50-55 Calls
STZ Weekly $165-167.50 Calls
Extended Watchlist:
MOGO, DAIC, ELWS, SCAG, NAMM, GRYP, BON, GBH