Options Recap
Friday’s session saw positive movement in SPY 12/27 $598-599 Calls and UNH 01/17 $510-515 Calls. SPY calls yielded gains of up to 131%, while UNH calls saw gains up to 8%. The report also highlights new options ideas, including SPY 12/30 $590-589 Puts, TSLA Weekly $425-420 Puts, and DKNG Weekly $38.50-38 Puts. An extended watchlist features stocks like NXU, WATT, and VINC. This provides traders with insights and potential opportunities in the options market.
This options trading recap highlights a mix of successful call options and new put option ideas. The significant gains in SPY calls compared to the more modest gains in UNH calls suggest varying market sentiment or specific catalysts affecting each stock. The inclusion of same-day expiration SPY puts warrants caution, as these are typically higher-risk strategies best suited for experienced traders. Monitoring the performance of watchlist stocks like NXU and WATT could reveal further opportunities.
| Option | Date | Price | Gain |
|---|---|---|---|
| SPY $598 Call | 12/27 | .13-.30 | +131% |
| SPY $599 Call | 12/27 | .09-.19 | +111% |
| UNH $510 Call | 01/17 | 15.80-17.15 | +8% |
| UNH $515 Call | 01/17 | 13.50-14.35 | +6% |
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