Wednesday Recap:
We put forth another solid performance with Wednesday’s premarket report, with the two earnings reporters we had to work with, which did not disappoint. We’ve made successful picks of both of these options chains many times in the past, and they yielded excellent results once again.
We had the GBX 07/18 $52.50-55 Calls, and the STZ Weekly $165-167.50 Calls on watch, and these were the largest upswings they recorded during Wednesday’s trading:
GBX 07/18 $52.50-55 Calls
$52.50: 2.29-4.90 (+114%)
$55: .60-3.03 (+405%)
STZ Weekly $165-167.50 Calls
$165: 3.97-10.00 (+152%)
$167.50: 2.15-7.50 (+249%)
Fresh Options Ideas:
SPY 07/03 $622-623 Calls*
TSLA Weekly $317.50-320 Calls*
ORCL Weekly $230 Calls*
*Trading options contracts on their day of expiration should only be attempted by experienced traders
Extended Watchlist:
LRHC, GITS, EMPG, CV, MDBH, THTX, WINT, MINM, AEBI, XPOF