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Options Trade Ideas

Each week we’ll provide you with actionable options trade ideas directly from our trade desk. Our trade ideas will expose you to potentially new strategies and assist you in your market research.

Options Trade Idea: IWM

Options Trade Idea: IWM

IWM approaching highs. Normally I don't like to short the rips but IWM has been inside for many months. Can it break out? Absolutely. That is why I'm going to keep risk low and maximize profit. Strategy: DEBIT PUT SPREAD BUY 230 STRIKE PUT (December 17, 2021...

Options Trade Idea: IWM

Options Trade Idea: HUT

HUT has been a wild ride the past few months. This stock will give you some crypto exposure. This is a lower priced stock that has super thick premiums. I'm looking for a slow and low play on this and wouldn't mind be assigned shares. Strategy: SHORT NAKED PUT...

Options Trade Idea: IWM

Options Trade Idea: BBIG

Fat premiums and an uptrend. What more do we need? BBIG right now has hit some resistance in the 11 area and is coming back down to the 10 day moving average which is expected since it was over extended. This stock doesn't have earnings until November so I'm targeting...

Options Trade Idea: IWM

Options Trade Idea: PFE

PFE the stock you love to hate. Right now PFE is the only COVID drug approved by the FDA. With the government pushing towards vaccination, I believe this will pump up PFE before earnings. Strategy: DEBIT CALL SPREAD BUY 47 STRIKE CALL (October 15, 2021...

Options Trade Idea: IWM

Options Trade Idea: CLOV

CLOV yes, is a meme stock however the premiums are nicely set up for selling for a credit. Right now CLOV is sitting above the 50 day and the 10 day moving average and it appears to have bottomed around $7.50 or so. Strategy: SHORT NAKED PUT SELL 9 STRIKE PUT (October...

Options Trade Idea: IWM

Options Trade Idea: SPCE

Virgin Galatic recently announced it would be beating Jeff Bezos to space. This stock has been pretty violent but now has pulled back a bit. Today it crossed back over the 10 day moving averaged (blue line) and I think it's worth taking a stab at. It also has earnings...

Options Trade Idea: IWM

Options Trade Idea: WISH

Yes, WISH is a meme stock but the chart is holding up! What I like is that is the 10 day (blue line) is curling up and it's just under the 50 day (orange line). Range is getting tight so I'm going in small! Strategy: DEBIT CALL SPREAD BUY 11 STRIKE CALL (July 16,...

Options Trade Idea: IWM

Options Trade Idea: FSLY

FSLY pull back is what I needed to get a new entry. As you can see, it's nearing the 10 day moving average and it's been riding it up for close to a month. This could come down to the 50 mark which is why I'm pushing these contracts out. Strategy: NAKED CALL BUY 60...

Options Trade Idea: IWM

Options Trade Idea: SNDL

I've been holding SNDL shares for quite some time so this is definitely not a short term play for me. As you can see momentum is starting to shift. Only thing it needs, is some more volume. SNDL options are very active and bid/ask is a penny wide. Strategy: NAKED CALL...

Options Trade Idea: IWM

Options Trade Idea: FSLY

FSLY was one of those parabolic names in 2020 and has been going straight down in 2021. Right now I'm looking for a trend change. This has been riding the 10 day moving average pretty well. Obviously, this is a higher risk trade. Strategy: NAKE CALL BUY 55 STRIKE...