Monday Review:
Monday was a solid session, kicking off the fresh trading week on good footing. We formulated a trio of potential options targets in our premarket report and saw positive moves out of each of them during the session. Stocks in general have been all over the map recently, and the short-term volatility has been working out very nicely from a daytrader’s perspective.
Our interests for Monday were the QFIN Weekly $45 Calls, the SAIC Weekly $110-115 Calls, and the NVDA Weekly $121-123 Calls. Here were the best moves from those contract sets on the day:
QFIN Weekly $45 Calls
$45: .80-3.75 (+369%)
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SAIC Weekly $110-115 CallsÂ
$110: 4.90-5.80 (+18%)
$115: 1.00-1.56 (+56%)
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NVDA Weekly $121-123 Calls
$121: (not pulling up in our data)
$122: 2.05-3.14 (+53%)
$123: 1.73-2.67 (+54%)
Fresh Options Ideas:Â
SPY 03/18 $566 Puts*
TSLA Weekly 232.50-230 Puts
BEKE Weekly $23.50-24 Calls
*Trading options contracts on their day of expiration should only be attempted by experienced traders
Extended Watchlist:
SYRS, LITM, GNPX, SCNX, ADTX, ARBE, ACON
