I edited mine to make it a bit more clear on that.
Basically I was using the last available dataset I had with the “new” method to work on these new features. It doesn’t make sense for me to add them to the “old” method since it already takes 20+ minutes to run.
Cruise lines make a return! CCL and NCLH are both around the 0.30 delta. I see NEGG again has a good return at the $3.5 strike for those that may want to double down on it after last week. The CCs on those are going to return good premiums.
I have code that checks for upcoming earnings that works with the “new” method of data collection, but that method is still not available due to no longer having ORATS data
Oddly, weekly income % seems lower in general this week compared to last week. Expecting a bull run? The last 2 weeks, NEGG worked out great but since the underlying is less than $5 it does not appear here. The $4P has a delta around -0.32 and has a return of above 4%, so that seems like it could continue to be a good play.
BBBY $6P stands out at about 4%. Edit: BBBY downgraded this morning so is down 7%. Careful with picking the strike here!
CCL $10P could be a good play. I personally don’t see CCL falling much further.
Sorry for the delay. I had a lot of meetings today that prevented me from running the script. Usually Mondays are good for me but Tuesdays not so much,
Delta
Symbol
Current Price
Strike
Bid
Ask
Weekly Income %
0.00
AAL
13.06
5.00
-1.00
0.03
0.00
-0.01
BLNK
15.57
11.50
0.01
0.10
0.09
-0.02
CVNA
23.08
15.00
0.05
0.10
0.33
-0.03
CVNA
23.08
16.00
0.05
0.15
0.31
-0.04
LCID
16.95
13.50
0.04
0.07
0.30
-0.05
CVNA
23.08
16.50
0.10
0.15
0.61
-0.06
CVNA
23.08
17.00
0.10
0.20
0.59
-0.07
CVNA
23.08
17.50
0.15
0.25
0.86
-0.08
DWAC
24.00
19.50
0.13
0.22
0.67
-0.09
CVNA
23.08
18.00
0.20
0.30
1.11
-0.10
DWAC
24.00
20.00
0.18
0.27
0.90
-0.11
CVNA
23.08
18.50
0.25
0.35
1.35
-0.12
DWAC
24.00
20.50
0.23
0.32
1.12
-0.13
CVNA
23.08
19.00
0.30
0.40
1.58
-0.14
DISH
17.85
16.00
0.10
0.20
0.63
-0.15
DWAC
24.00
21.00
0.29
0.38
1.38
-0.16
CVNA
23.08
19.50
0.40
0.50
2.05
-0.17
APPS
18.08
16.50
0.18
0.21
1.09
-0.18
PINS
19.00
17.50
0.20
0.24
1.14
-0.19
CVNA
23.08
20.00
0.50
0.60
2.50
-0.20
DISH
17.85
16.50
0.15
0.30
0.91
-0.21
MARA
5.64
5.00
0.10
0.13
2.00
-0.22
BRCC
9.00
8.00
0.20
0.35
2.50
-0.23
CVNA
23.08
20.50
0.60
0.70
2.93
-0.24
DWAC
24.00
22.00
0.45
0.58
2.05
-0.25
CCL
8.57
8.00
0.14
0.16
1.75
-0.26
AMC
12.93
12.00
0.23
0.27
1.92
-0.27
CVNA
23.08
21.00
0.75
0.85
3.57
-0.28
PTON
9.50
9.00
0.19
0.22
2.11
-0.29
DWAC
24.00
22.50
0.58
0.74
2.58
-0.30
FSR
8.44
8.00
0.17
0.20
2.13
-0.31
CVNA
23.08
21.50
0.90
1.00
4.19
-0.32
BRCC
9.00
8.50
0.35
0.55
4.12
-0.33
OPEN
5.21
5.00
0.13
0.16
2.60
-0.34
DWAC
24.00
23.00
0.75
0.91
3.26
-0.35
CVNA
23.08
22.00
1.05
1.20
4.77
-0.36
PLUG
16.49
16.00
0.42
0.45
2.63
-0.37
M
17.83
17.50
0.35
0.38
2.00
-0.38
LCID
16.95
16.50
0.46
0.52
2.79
-0.39
AMC
12.93
12.50
0.41
0.45
3.28
-0.40
CVNA
23.08
22.50
1.25
1.40
5.56
-0.41
DWAC
24.00
23.50
0.98
1.13
4.17
-0.42
NCLH
11.61
11.50
0.36
0.39
3.13
-0.43
MARA
5.64
5.50
0.25
0.28
4.55
-0.44
PTON
9.50
9.50
0.37
0.42
3.89
-0.45
BRCC
9.00
9.00
0.60
0.80
6.67
-0.46
PINS
19.00
19.00
0.67
0.72
3.53
-0.47
DWAC
24.00
24.00
1.22
1.41
5.08
-0.48
CPNG
15.64
15.50
0.50
0.57
3.23
-0.49
NNOX
10.98
11.00
0.45
0.60
4.09
-0.50
CVNA
23.08
23.50
1.75
1.90
7.45
-0.51
LCID
16.95
17.00
0.69
0.73
4.06
-0.52
AMC
12.93
13.00
0.67
0.70
5.15
-0.53
DISH
17.85
18.00
0.65
0.75
3.61
-0.54
DWAC
24.00
24.50
1.49
1.71
6.08
-0.55
CVNA
23.08
24.00
2.05
2.20
8.54
-0.56
BRCC
9.00
9.50
0.90
1.10
9.47
-0.57
EDU
21.70
22.50
1.19
1.49
5.29
-0.58
QS
8.81
9.00
0.44
0.50
4.89
-0.59
BLNK
15.57
16.00
0.88
0.96
5.50
-0.60
CVNA
23.08
24.50
2.35
2.55
9.59
-0.61
PLUG
16.49
17.00
0.90
0.99
5.29
-0.62
DKNG
12.06
12.50
0.68
0.72
5.44
-0.63
PTON
9.50
10.00
0.65
0.71
6.50
-0.64
EDU
21.70
23.00
1.57
1.80
6.83
-0.65
CVNA
23.08
25.00
2.65
2.90
10.60
-0.66
DWAC
24.00
25.50
2.14
2.47
8.39
-0.67
LMND
19.14
20.00
1.25
1.50
6.25
-0.68
BRCC
9.00
10.00
1.15
1.50
11.50
-0.69
CVNA
23.08
25.50
3.00
3.20
11.76
-0.70
BLNK
15.57
16.50
1.22
1.33
7.39
-0.71
DWAC
24.00
26.00
2.52
2.89
9.69
-0.72
NIO
21.55
22.50
1.50
1.57
6.67
-0.73
CVNA
23.08
26.00
3.40
3.60
13.08
-0.74
NCLH
11.61
12.50
0.96
1.02
7.68
-0.75
AMC
12.93
14.00
1.38
1.44
9.86
-0.76
EDU
21.70
24.00
2.38
2.52
9.92
-0.77
BRCC
9.00
10.50
1.65
1.90
15.71
-0.78
SFIX
5.03
5.50
0.50
0.57
9.09
-0.79
PINS
19.00
21.00
2.13
2.22
10.14
-0.80
CVNA
23.08
27.00
4.20
4.50
15.56
-0.81
BRCC
9.00
11.00
2.05
2.35
18.64
-0.82
AMC
12.93
14.50
1.80
1.90
12.41
-0.83
CVNA
23.08
27.50
4.60
5.00
16.73
-0.84
BRCC
9.00
11.50
2.60
2.80
22.61
-0.85
CVNA
23.08
28.00
5.00
5.40
17.86
-0.86
AMC
12.93
15.00
2.27
2.40
15.13
-0.87
MARA
5.64
6.50
0.96
1.01
14.77
-0.88
CVNA
23.08
28.50
5.50
5.80
19.30
-0.89
BRCC
9.00
12.00
2.90
3.30
24.17
-0.90
BLNK
15.57
23.50
7.85
8.50
33.40
-0.91
CVNA
23.08
29.50
6.40
6.70
21.69
-0.92
BRCC
9.00
12.50
3.40
3.80
27.20
-0.93
CVNA
23.08
30.50
7.30
7.80
23.93
-0.94
BRCC
9.00
13.00
3.90
4.30
30.00
-0.95
BRCC
9.00
14.00
4.80
5.20
34.29
-0.96
BRCC
9.00
15.00
5.90
6.20
39.33
-0.97
BRCC
9.00
16.00
6.90
7.20
43.13
-0.98
CLF
14.85
33.00
17.90
18.10
54.24
-0.99
MARA
5.64
20.00
14.35
14.50
71.75
Quick comments:
CVNA and BRCC may be the ones dropping hard this week. Just a regular put may be a great idea on them. CSPs may be riskier than they appear.
CCL $8 may be a good idea. I know I said I didn’t expect it to drop much below $10 last week, but there’s bound to be a bottom for the cruise line somewhere.
CVNA looks to have some decent returns based on their deltas. Note there’s a very strong bear case against CVNA at the moment. Here it shows the $19.5’s and $20’s having pretty decent premiums.
MARA $7 and $6.5 likewise has decent premiums
Be careful with AFRM and CVNA. Really strong bear cases presented here on the forums for them!
Seems there’s an API glitch on a couple of these symbols where the current price is coming up as $0.00. However, since the calculation is based more on the strike and bid, the weekly income % is not affected by this glitch. If you took the MARA CSPs from last week you would have been a big winner. They’re appearing again this week and have good premiums around the $8-9 range.
What the fuck is FFIE? Weekly return % for some of those options are some of the biggest we’ve seen with delta below .30. I mean, the $6.50 strike will give you more than 10% returns if you get close to the ask price. Please look into this one if you will pursue. They must have had some catastrophic news come out, so there must be intense downward pressure there.
Been watching - FFIE - seems to spike and drop pretty regularly - if you do decide to play, I would wait for a drop spike - Put prices seem to move pretty wildly. Can’t find much news or anything sustainable recently - quite a bit of Reddit chatter a couple of months ago about it being a short squeeze candidate. Seems pretty low volume, which could account for the wild movements, doesn’t take much in either direction. I might take the gamble - though I do get a gut feeling of rug pull - It is nothing more than a gut feeling.
Still seeing no news on this one. And it’s not really tracking with GOEV, NIO or RIVN. I really don’t know what’s going on with that stock, aside from knowing they seemed to be on the brink of bankruptcy a couple years ago. They haven’t been on my radar since this week.
Judging by the MARA and RIOT that I see appearing here, it looks like the market is preparing for more crypto/miner downward pressure. May be a good idea to look at regular puts on these guys. Worth noting that for the last 2 weeks, MARA has shown up with really decent premiums for CSPs but has only continued to go up. I haven’t noticed RIOT appearing as well, but with the appearance of both, I think the market’s expecting a crypto/miner downturn rather soon.
What’s new: I’ve been trying to get some form of indication that there is an upcoming earnings report for a company, but it hasn’t been working well. Today, it looks like it worked as PINS has an earnings this week. I’ve indicated this with a * beside the weekly income percentage. So if you see a * in the final column, it means there’s an upcoming earnings and they are likely to be very volatile.
Delta
Symbol
Current Price
Strike
Bid
Ask
Weekly Income %
0.00
MARA
12.39
7.00
0.01
0.05
0.14
-0.01
LYFT
13.28
8.00
0.02
0.05
0.25
-0.02
PINS
19.20
12.50
0.05
0.09
0.40*
-0.03
LYFT
13.28
9.00
0.05
0.07
0.56
-0.04
HOOD
8.74
6.50
0.03
0.04
0.46
-0.05
FSLY
10.98
7.50
0.07
0.10
0.93
-0.06
PINS
19.20
14.00
0.13
0.16
0.93*
-0.07
LYFT
13.28
10.00
0.12
0.14
1.20
-0.08
FSLY
10.98
8.00
0.11
0.15
1.38
-0.09
UBER
23.07
19.00
0.16
0.19
0.84
-0.10
LYFT
13.28
10.50
0.17
0.19
1.62
-0.11
FSLY
10.98
8.50
0.16
0.21
1.88
-0.12
DISH
17.08
14.00
0.15
0.35
1.07
-0.13
PINS
19.20
15.50
0.32
0.35
2.06*
-0.14
LYFT
13.28
11.00
0.25
0.27
2.27
-0.15
FSLY
10.98
9.00
0.25
0.28
2.78
-0.16
PINS
19.20
16.00
0.41
0.44
2.56*
-0.17
AMC
14.48
13.00
0.20
0.22
1.54
-0.18
LCID
17.99
16.00
0.32
0.35
2.00
-0.19
LYFT
13.28
11.50
0.35
0.37
3.04
-0.20
PINS
19.20
16.50
0.52
0.56
3.15*
-0.21
FSLY
10.98
9.50
0.34
0.41
3.58
-0.22
UBER
23.07
21.00
0.48
0.56
2.29
-0.23
HOOD
8.74
8.00
0.20
0.22
2.50
-0.24
LYFT
13.28
12.00
0.48
0.52
4.00
-0.25
DISH
17.08
15.50
0.45
0.60
2.90
-0.26
UBER
23.07
21.50
0.64
0.71
2.98
-0.27
FSLY
10.98
10.00
0.49
0.54
4.90
-0.28
PINS
19.20
17.50
0.82
0.86
4.69*
-0.29
STEM
0.00
10.00
0.30
0.55
3.00
-0.30
LYFT
13.28
12.50
0.65
0.69
5.20
-0.31
DISH
17.08
16.00
0.60
0.75
3.75
-0.32
LUMN
10.91
10.50
0.25
0.31
2.38
-0.33
PINS
19.20
18.00
1.01
1.05
5.61*
-0.34
FSLY
10.98
10.50
0.65
0.72
6.19
-0.35
EDIT
15.74
15.50
0.45
0.65
2.90
-0.36
LYFT
13.28
13.00
0.85
0.88
6.54
-0.37
PINS
19.20
18.50
1.20
1.25
6.49*
-0.38
SOFI
6.21
6.00
0.31
0.34
5.17
-0.39
SAVA
16.12
15.50
0.77
1.37
4.97
-0.40
DKNG
13.49
13.50
0.61
0.64
4.52
-0.41
ACAD
14.87
14.50
0.75
1.15
5.17
-0.42
FSLY
10.98
11.00
0.87
0.94
7.91
-0.43
LYFT
13.28
13.50
1.08
1.12
8.00
-0.44
LCID
17.99
18.00
1.01
1.07
5.61
-0.45
NKLA
6.05
6.00
0.36
0.41
6.00
-0.46
TRIP
18.36
18.50
0.77
0.95
4.16
-0.47
PINS
19.20
19.50
1.66
1.74
8.51*
-0.48
STEM
0.00
11.00
0.75
0.95
6.82
-0.49
MARA
12.39
13.00
1.21
1.26
9.31
-0.50
FSLY
10.98
11.50
1.14
1.22
9.91
-0.51
LCID
17.99
18.50
1.27
1.35
6.86
-0.52
PINS
19.20
20.00
1.95
2.02
9.75*
-0.53
UBER
23.07
24.00
1.68
1.79
7.00
-0.54
RIOT
7.19
7.50
0.57
0.59
7.60
-0.55
UAA
9.04
9.50
0.75
0.91
7.89
-0.56
LYFT
13.28
14.50
1.65
1.69
11.38
-0.57
PINS
19.20
20.50
2.23
2.31
10.88*
-0.58
FSLY
10.98
12.00
1.42
1.49
11.83
-0.59
SPWR
20.21
21.00
1.15
2.03
5.48
-0.60
AMC
14.48
15.50
1.34
1.39
8.65
-0.61
PINS
19.20
21.00
2.53
2.64
12.05*
-0.62
MARA
12.39
14.00
1.87
1.92
13.36
-0.63
LYFT
13.28
15.00
1.98
2.02
13.20
-0.64
NKLA
6.05
6.50
0.68
0.73
10.46
-0.65
LCID
17.99
19.50
1.93
2.01
9.90
-0.66
FSLY
10.98
12.50
1.76
1.88
14.08
-0.67
STEM
0.00
12.00
1.35
1.65
11.25
-0.68
MARA
12.39
14.50
2.24
2.30
15.45
-0.69
LYFT
13.28
15.50
2.29
2.55
14.77
-0.70
PINS
19.20
22.00
3.25
3.35
14.77*
-0.71
LCID
17.99
20.00
2.29
2.39
11.45
-0.72
FSLY
10.98
13.00
2.13
2.32
16.38
-0.73
MARA
12.39
15.00
2.64
2.70
17.60
-0.74
FSR
9.40
10.50
1.18
1.27
11.24
-0.75
PINS
19.20
22.50
3.65
3.75
16.22*
-0.76
LCID
17.99
20.50
2.69
2.81
13.12
-0.77
UAA
9.04
10.50
1.48
1.66
14.10
-0.78
MARA
12.39
15.50
3.05
3.15
19.68
-0.79
NKLA
6.05
7.00
1.04
1.16
14.86
-0.80
LCID
17.99
21.00
3.10
3.25
14.76
-0.81
MARA
12.39
16.00
3.45
3.60
21.56
-0.82
LYFT
13.28
17.00
3.55
3.70
20.88
-0.83
FSLY
10.98
14.00
2.94
3.05
21.00
-0.84
MARA
12.39
16.50
3.90
4.05
23.64
-0.85
LYFT
13.28
17.50
4.00
4.15
22.86
-0.86
PINS
19.20
24.50
5.30
5.45
21.63*
-0.87
MARA
12.39
17.00
4.35
4.55
25.59
-0.88
PINS
19.20
25.00
5.70
5.90
22.80*
-0.89
MARA
12.39
17.50
4.85
5.05
27.71
-0.90
LYFT
13.28
18.50
4.90
5.10
26.49
-0.91
MARA
12.39
18.00
5.30
5.50
29.44
-0.92
MARA
12.39
18.50
5.80
5.95
31.35
-0.93
MARA
12.39
19.00
6.25
6.45
32.89
-0.94
CPNG
17.10
30.00
12.45
12.80
41.50
-0.95
MARA
12.39
20.00
7.25
7.50
36.25
-0.96
AMC
14.48
24.50
9.80
10.40
40.00
-0.97
AMC
14.48
28.00
13.20
14.05
47.14
-0.98
HOOD
8.74
19.00
9.95
10.45
52.37
-0.99
SNAP
9.61
30.00
20.35
20.50
67.83
Quick comments:
PINS is currently trading around $19 but from what I can tell, a drop of $2+ is looking pretty likely. Perhaps puts are a good idea on that one, as CSPs may not be as safe as the delta indicates.
LYFT and UBER and FSLY are all appearing here quite frequently and seem to be offering some good premiums. LYFT especially. Definitely look into these to see if there’s some expected bad news in the ridesharing industry. EDIT: All 3 having earnings this week, no conspiracy here or worth looking into more
What’s new: Improved Earnings Report checking. Seems like most items this week (and probably every week) have earnings this week. Do your research!
Delta
Symbol
Current Price
Strike
Bid
Ask
Weekly Income %
0.00
APPS
24.01
12.00
0.01
0.11
0.08*
-0.01
APPS
24.01
14.00
0.04
0.11
0.29*
-0.02
APPS
24.01
15.00
0.07
0.16
0.47*
-0.03
MARA
15.20
10.50
0.05
0.11
0.48*
-0.04
APPS
24.01
16.00
0.11
0.15
0.69*
-0.05
APPS
24.01
16.50
0.13
0.19
0.79*
-0.06
APPS
24.01
17.00
0.16
0.22
0.94*
-0.07
APPS
24.01
17.50
0.21
0.30
1.20*
-0.08
BHC
5.72
4.00
0.05
0.41
1.25*
-0.09
APPS
24.01
18.00
0.27
0.35
1.50*
-0.10
MARA
15.20
12.00
0.15
0.18
1.25*
-0.11
BBBY
11.14
8.00
0.16
0.28
2.00
-0.12
GOOS
21.11
17.50
0.20
0.50
1.14*
-0.13
APPS
24.01
19.00
0.38
0.49
2.00*
-0.14
SONO
24.26
21.00
0.26
0.62
1.24*
-0.15
BHC
5.72
4.50
0.13
0.50
2.89*
-0.16
BBBY
11.14
8.50
0.36
0.40
4.24
-0.17
APPS
24.01
20.00
0.56
0.67
2.80*
-0.18
SONO
24.26
21.50
0.38
0.64
1.77*
-0.19
FSLY
12.29
11.50
0.16
0.20
1.39
-0.20
APPS
24.01
20.50
0.68
0.80
3.32*
-0.21
BBBY
11.14
9.00
0.52
0.59
5.78
-0.22
MARA
15.20
13.50
0.44
0.47
3.26*
-0.23
APPS
24.01
21.00
0.81
0.94
3.86*
-0.24
BRCC
8.90
8.00
0.20
0.50
2.50
-0.25
BHC
5.72
5.00
0.25
0.35
5.00*
-0.26
BBBY
11.14
9.50
0.74
0.89
7.79
-0.27
SONO
24.26
22.50
0.53
0.91
2.36*
-0.28
MARA
15.20
14.00
0.59
0.63
4.21*
-0.29
-0.30
APPS
24.01
22.00
1.11
1.24
5.05*
-0.31
BBBY
11.14
10.00
1.02
1.14
10.20
-0.32
LAZR
7.87
7.50
0.29
0.34
3.87*
-0.33
APPS
24.01
22.50
1.29
1.41
5.73*
-0.34
RIOT
8.95
8.50
0.37
0.41
4.35
-0.35
MARA
15.20
14.50
0.78
0.84
5.38*
-0.36
BBBY
11.14
10.50
1.32
1.42
12.57
-0.37
JMIA
7.26
7.00
0.46
0.52
6.57*
-0.38
HOOD
10.67
10.50
0.29
0.33
2.76
-0.39
BHC
5.72
5.50
0.32
0.53
5.82*
-0.40
BBBY
11.14
11.00
1.65
1.78
15.00
-0.41
APPS
24.01
23.50
1.70
1.79
7.23*
-0.42
LCID
19.25
19.00
0.57
0.65
3.00
-0.43
GOOS
21.11
21.00
1.05
1.40
5.00*
-0.44
BBBY
11.14
11.50
2.02
2.18
17.57
-0.45
FSLY
12.29
12.50
0.49
0.58
3.92
-0.46
BLNK
24.07
24.00
1.09
1.37
4.54*
-0.47
BBBY
11.14
12.00
2.39
2.55
19.92
-0.48
JMIA
7.26
7.50
0.73
0.79
9.73*
-0.49
BRCC
8.90
9.00
0.60
0.80
6.67
-0.50
BBBY
11.14
12.50
2.73
2.98
21.84
-0.51
VALE
13.43
13.00
0.46
0.56
3.54
-0.52
APPS
24.01
25.00
2.44
2.56
9.76*
-0.53
BBBY
11.14
13.00
3.20
3.45
24.62
-0.54
BHC
5.72
6.00
0.53
0.80
8.83*
-0.55
BBBY
11.14
13.50
3.65
4.35
27.04
-0.56
APPS
24.01
25.50
2.72
2.87
10.67*
-0.57
BBBY
11.14
14.00
4.05
4.30
28.93
-0.58
TTCF
8.10
8.50
0.60
0.95
7.06*
-0.59
JMIA
7.26
8.00
1.06
1.12
13.25*
-0.60
APPS
24.01
26.00
3.05
3.20
11.73*
-0.61
MARA
15.20
16.50
1.90
1.98
11.52*
-0.62
GOOS
21.11
22.50
1.80
2.20
8.00*
-0.63
MVIS
5.82
6.00
0.39
0.44
6.50
-0.64
APPS
24.01
26.50
3.40
3.55
12.83*
-0.65
BRCC
8.90
9.50
0.90
1.40
9.47
-0.66
BHC
5.72
6.50
0.95
1.35
14.62*
-0.67
APPS
24.01
27.00
3.75
3.90
13.89*
-0.68
GOOS
21.11
23.00
2.20
2.75
9.57*
-0.69
JMIA
7.26
8.50
1.43
1.51
16.82*
-0.70
APPS
24.01
27.50
4.10
4.25
14.91*
-0.71
MARA
15.20
17.50
2.63
2.72
15.03*
-0.72
RIOT
8.95
10.00
1.29
1.32
12.90
-0.73
TTCF
8.10
9.00
0.95
1.25
10.56*
-0.74
APPS
24.01
28.00
4.50
4.75
16.07*
-0.75
SFIX
7.18
11.00
3.65
4.55
33.18
-0.76
APPS
24.01
28.50
4.90
5.15
17.19*
-0.77
JMIA
7.26
9.00
1.83
3.10
20.33*
-0.78
NKLA
8.70
10.00
1.20
1.41
12.00
-0.79
MARA
15.20
18.50
3.45
3.55
18.65*
-0.80
BB
7.03
8.50
1.42
1.79
16.71
-0.81
URBN
21.53
30.00
8.10
10.30
27.00
-0.82
BRCC
8.90
10.50
1.75
2.05
16.67
-0.83
JMIA
7.26
9.50
2.20
3.55
23.16*
-0.84
BB
7.03
9.00
1.89
2.26
21.00
-0.85
ARQQ
5.78
12.00
4.10
8.60
34.17
-0.86
BHC
5.72
7.50
1.78
2.19
23.73*
-0.87
JMIA
7.26
10.00
2.59
4.60
25.90*
-0.88
MARA
15.20
20.00
4.80
4.95
24.00*
-0.89
BHC
5.72
8.00
2.31
2.79
28.88*
-0.90
JMIA
7.26
10.50
3.10
3.65
29.52*
-0.91
MARA
15.20
21.00
5.65
6.05
26.90*
-0.92
BB
7.03
10.50
3.35
3.70
31.90
-0.93
BHC
5.72
8.50
2.68
2.98
31.53*
-0.94
MARA
15.20
22.50
7.10
7.45
31.56*
-0.95
BHC
5.72
9.00
3.25
3.45
36.11*
-0.96
BHC
5.72
9.50
3.65
4.20
38.42*
-0.97
BHC
5.72
10.00
4.00
4.65
40.00*
-0.98
BHC
5.72
10.50
4.65
5.25
44.29*
-0.99
BHC
5.72
17.50
11.50
12.15
65.71*
*=earnings expected this week
Quick comments:
As expected, lots of memes this week. BBBY has some nice looking premiums on the put side, but you could expect a crash just as quickly as you could expect this run up.
Looks like BBBY and AMC are quite dominant this week. However, here and there I see some good variety. I also see no expected earnings for these stocks this week. I’m not sure if that’s accurate or if the FinnHub API is being a little bitch again.
What I’ll be looking at:
PACB $8P or $7.5P. Premiums here are really good however I’ll have to check if there’s some bad news here.
BBBY $9P will bring in a couple percent and is pretty far OTM
This week looks a little rough as pretty much every strike for BBBY fills the table. There’s still a couple noteworthy ideas, though. What I’ll be watching:
PTON has earnings this week and IV is picking up. I will be looking at the $9P
MARA $11P
BBBY $5.5 or $6 is where I originally started my last wheel position with BBBY and it ended being a pretty decent hold for me. Premiums are good so I may try the same thing with any leftover cash after trying to pick up other things.
Top 10 list:
No top 10 list this week, as I think we’re skewed too much to memes/BBBY this week and I don’t want to mess up the top 10 list with memes too much.
BBBY still dominates things, with a little AMC sprinkled in. The premiums are tempting, but this could be pulled at any moment. There is a catalyst this week that /r/wsb is relying on here that comes by the end of this month, which is some big announcement about the future of BBBY.
NTNX has very appealing premiums but also has earnings this week. I might look at the $15 or $15.5P’s here as that’s a couple strikes away from the current price and takes advantage of the IV.
BRCC has good looking premiums as well. I will research if the $10p’s would be a good idea.
RIOT $6.50P could be appealing. Crypto did take a beating over the weekend though.
Top 10 list:
No top 10 list this week, as I think we’re skewed too much to memes/BBBY this week and I don’t want to mess up the top 10 list with memes too much.
Sorry for the mid-day update instead of the usual morning one. Unfortunately Tuesdays don’t work well with my work schedule.
Delta
Symbol
Current Price
Strike
Bid
Ask
Weekly Income %
0.00
DWAC
20.68
10.00
0.01
0.02
0.10
-0.01
MARA
11.39
7.50
0.01
0.04
0.13
-0.02
AMC
8.47
6.00
0.01
0.03
0.17
-0.03
NIO
17.24
13.50
0.03
0.05
0.22*
-0.04
AMC
8.47
6.50
0.02
0.05
0.31
-0.05
NIO
17.24
14.00
0.05
0.07
0.36*
-0.06
UPST
24.35
20.50
0.07
0.11
0.34
-0.07
RIOT
6.60
5.50
0.02
0.05
0.36
-0.08
NIO
17.24
14.50
0.08
0.10
0.55*
-0.09
AMC
8.47
7.00
0.05
0.06
0.71
-0.10
XPEV
16.08
14.50
0.06
0.08
0.41
-0.11
NIO
17.24
15.00
0.12
0.14
0.80*
-0.12
UPST
24.35
21.50
0.18
0.21
0.84
-0.13
CCL
9.30
8.50
0.04
0.07
0.47
-0.14
MARA
11.39
10.00
0.11
0.14
1.10
-0.15
BYND
22.02
19.50
0.18
0.26
0.92
-0.16
NCLH
13.03
12.00
0.11
0.13
0.92
-0.17
UPST
24.35
22.00
0.27
0.31
1.23
-0.18
DWAC
20.68
15.00
0.78
1.29
5.20
-0.19
AMC
8.47
7.50
0.12
0.15
1.60
-0.20
BLNK
0.00
18.00
0.21
0.27
1.17
-0.21
DKNG
15.40
14.50
0.15
0.17
1.03
-0.22
UPST
24.35
22.50
0.38
0.42
1.69
-0.23
MARA
11.39
10.50
0.20
0.23
1.90
-0.24
DWAC
20.68
16.50
1.18
1.74
7.15
-0.25
SPWR
22.92
22.00
0.27
0.32
1.23
-0.26
DWAC
20.68
17.00
1.34
1.98
7.88
-0.27
UAA
8.23
8.00
0.08
0.12
1.00
-0.28
DWAC
20.68
17.50
1.67
2.46
9.54
-0.29
NCLH
13.03
12.50
0.22
0.24
1.76
-0.30
XPEV
16.08
15.50
0.24
0.27
1.55
-0.31
DWAC
20.68
18.00
1.66
2.33
9.22
-0.32
QS
9.85
9.50
0.18
0.21
1.89
-0.33
DWAC
20.68
18.50
2.00
2.49
10.81
-0.34
AMC
8.47
8.00
0.28
0.32
3.50
-0.35
DWAC
20.68
19.00
2.22
2.88
11.68
-0.36
SNAP
10.90
10.50
0.23
0.26
2.19
-0.37
STNE
8.22
8.00
0.15
0.25
1.88
-0.38
DWAC
20.68
19.50
2.38
3.05
12.21
-0.39
M
16.75
16.50
0.29
0.33
1.76
-0.40
APPS
17.30
17.00
0.43
0.48
2.53
-0.41
DWAC
20.68
20.00
2.80
3.10
14.00
-0.42
NTNX
22.48
22.00
0.40
0.50
1.82
-0.43
DWAC
20.68
20.50
2.70
3.45
13.17
-0.44
BRCC
9.07
9.00
0.30
0.45
3.33
-0.45
NCLH
13.03
13.00
0.41
0.43
3.15
-0.46
FSLY
8.97
9.00
0.31
0.37
3.44
-0.47
DWAC
20.68
21.00
3.25
3.65
15.48
-0.48
MARA
11.39
11.50
0.57
0.60
4.96
-0.49
DWAC
20.68
21.50
3.50
4.00
16.28
-0.50
BYND
22.02
22.00
0.94
1.12
4.27
-0.51
AMC
8.47
8.50
0.41
0.60
4.82
-0.52
DWAC
20.68
22.00
3.65
4.20
16.59
-0.53
APPS
17.30
17.50
0.64
0.72
3.66
-0.54
NIO
17.24
17.50
0.94
0.97
5.37*
-0.55
DWAC
20.68
22.50
4.05
4.80
18.00
-0.56
UPST
24.35
25.00
1.43
1.53
5.72
-0.57
LCID
14.84
15.00
0.51
0.55
3.40
-0.58
DWAC
20.68
23.00
4.15
5.10
18.04
-0.59
SPWR
22.92
23.50
0.80
0.97
3.40
-0.60
VALE
12.26
12.50
0.30
0.37
2.40
-0.61
DWAC
20.68
23.50
4.70
5.45
20.00
-0.62
MARA
11.39
12.00
0.85
0.90
7.08
-0.63
NIO
17.24
18.00
1.26
1.29
7.00*
-0.64
DWAC
20.68
24.00
5.00
5.60
20.83
-0.65
VIPS
10.12
10.50
0.40
0.55
3.81
-0.66
DWAC
20.68
24.50
5.25
6.10
21.43
-0.67
DDD
9.60
10.00
0.43
0.49
4.30
-0.68
DWAC
20.68
25.00
5.65
6.35
22.60
-0.69
UPST
24.35
26.00
2.09
2.23
8.04
-0.70
PINS
22.26
23.00
1.13
1.20
4.91
-0.71
NIO
17.24
18.50
1.63
1.66
8.81*
-0.72
BLNK
0.00
20.50
1.26
1.46
6.15
-0.73
DWAC
20.68
25.50
5.90
7.05
23.14
-0.74
AMC
8.47
9.50
1.32
1.35
13.89
-0.75
DWAC
20.68
26.00
6.15
7.35
23.65
-0.76
CCL
9.30
10.00
0.74
0.77
7.40
-0.77
DWAC
20.68
26.50
6.65
7.90
25.09
-0.78
NIO
17.24
19.00
2.02
2.08
10.63*
-0.79
LMND
0.00
24.00
1.95
2.25
8.13
-0.80
DWAC
20.68
27.00
7.20
8.10
26.67
-0.81
AMC
8.47
10.00
1.76
1.81
17.60
-0.82
DWAC
20.68
27.50
7.60
8.65
27.64
-0.83
FSLY
8.97
10.00
1.01
1.09
10.10
-0.84
DWAC
20.68
28.50
8.40
9.35
29.47
-0.85
DWAC
20.68
29.00
8.90
9.90
30.69
-0.86
DWAC
20.68
29.50
9.35
10.15
31.69
-0.87
NIO
17.24
20.00
2.89
2.97
14.45*
-0.88
DWAC
20.68
30.00
9.65
10.70
32.17
-0.89
AMC
8.47
11.00
2.67
2.77
24.27
-0.90
UPST
24.35
28.50
4.15
4.40
14.56
-0.91
DWAC
20.68
31.00
10.55
11.75
34.03
-0.92
MARA
11.39
14.00
2.50
2.64
17.86
-0.93
AMC
8.47
12.00
3.65
3.75
30.42
-0.94
DWAC
20.68
31.50
10.85
12.25
34.44
-0.95
AMC
8.47
13.50
5.10
5.25
37.78
-0.96
DWAC
20.68
33.00
12.20
14.35
36.97
-0.97
DWAC
20.68
45.00
24.30
26.75
54.00
-0.98
AMC
8.47
19.00
10.60
10.75
55.79
-0.99
BYND
22.02
68.00
45.85
46.65
67.43
*=earnings expected this week
Quick comments:
DWAC had some bearish news come out, so it appears quite a bit here.
Oddly, BBBY doesn’t appear at all in this list. I don’t know why, since I think the puts side is very heavy here and would have expected it to dominate the list again this week. Maybe yet another problem with the flaky IBKR API.
NIO is the only one with earnings this week according to finnhub.io.
What I’ll be looking at to pick up:
Possibly a DWAC $15 but this one could dump hard. Over 5% premiums at that price point.
NCLH $12.5. I would be ok with getting assigned on this one because I wouldn’t mind holding cruise lines for very long. The problem is the premiums aren’t amazing as the underlyings don’t move very quickly.
Lol, so tried my hand in the wheel with my 100 shares of GOOGL. Saw GOOGL was trending down so opened a far dated sell to open position. Closed it for $70 profit.
Opened another position that day and GOOGL is reversing. May consider just taking the L on this.