Monday’s Mega Mover:
We were without a whole slate full of options ideas for yesterday’s session after only including one range of SPY Puts for our premarket report. Fortunately for us and anyone who was tracking along with us, that was the only idea we needed. The markets took another tariff-related gut punch and produced mammoth gain opportunities in those bearish targets exceeding 1000% in each case. From the look of things in the premarket, we’ll likely be flipping to the bullish side of the fence for today.
The strikes that we were on top of yesterday were the SPY 04/07 $499-497 Puts, and they produced the following astronomical upticks:
SPY 04/07 $499-497 Puts
$499: 1.09-15.82 (+1351%)
$498: 1.06-14.08 (+1228%)
$497: 1.03-12.73 (+1136%)
Fresh Options Ideas:
SPY 04/08 $517-519 Calls
LEVI Weekly $15 Calls
NVDA Weekly $100-102 Calls
DELL Weekly $77-78 Calls
*Trading options contracts on their day of expiration should only be attempted by experienced traders
Extended Watchlist:
BTOG, GLXG, CYCU, ONCO, NAOV, TRNR, SXTP, NYXH
