OptionsPlay DailyPlay Ideas Menu – May 13th, 2026

💰 The Income Generators (High Probability, Cash Flow)

• DELL: Bullish Put Spread rolling a highly successful previous position, capitalizing on massive AI infrastructure backlog and sustained server demand.

🚀 The Growth Seekers (Higher Risk, Max Reward)

• SE: Bullish Call Spread targeting a bearish-to-bullish trend reversal backed by accelerating e-commerce growth and strong regional execution.

🛡️ The Portfolio Protectors (Hedges & Bearish Bets)

• (No trades in this category today)

1. DELL ($238.94) – The Infrastructure Engine 

• We’re betting on: If Dell maintains its structural momentum as a dominant force in AI server infrastructure, the stock will continue to hold its elevated support and keep this spread safely out-of-the-money.
• The Trade: Sell to Open the DELL Jun 26, 2026 235/210 Put Vertical @ $10.62 Credit.
  • 🟢 BUY TO OPEN Jun 26, 2026 210 Put @ $10.48
  • 🔴 SELL TO OPEN Jun 26, 2026 235 Put @ $21.10
• Trade Metrics: POP: 54.38% | Collect $1,062.00 per contract vs. a Max Risk of $1,438.00 (1.4:1).
• The Setup: DELL was a trade idea from April 29th that has already gained 53% of the max reward and just triggered a fresh bullish signal. We are initiating a new put credit spread here which collects an extremely attractive premium of over 42% of the vertical width. Fundamentally, Dell continues to cement its leadership in the AI server market. The company recently recorded $64 billion in AI orders and built a staggering $43 billion backlog, projecting its AI server revenues to near $50 billion by fiscal 2027. As the market increasingly shifts toward agentic AI systems requiring massive on-premise compute and high-throughput storage, Dell’s enterprise infrastructure is capturing immense demand.
• Management:
  • ⚠️ Warning: Earnings is scheduled for May 28, which requires active management.
  • Stop Loss: Buy back the spread at $21.24 (100% of credit received).
  • Take Profit: Buy back the spread at $5.31 (50% of max gain).

2. SE ($96.02) – The Southeast Asian Inflection 

• We’re betting on: If Sea Limited continues to scale its e-commerce and fintech units with rigorous financial discipline, this technical breakout will accelerate toward our $110 target.
• The Trade: Buy to Open the SE Jun 18, 2026 97.50/115 Call Vertical @ $4.60 Debit.
  • 🟢 BUY TO OPEN Jun 18, 2026 97.50 Call @ $5.98
  • 🔴 SELL TO OPEN Jun 18, 2026 115 Call @ $1.38
• Trade Metrics: POP: 32.40% | Pay $460.00 per contract vs. a Max Reward of $1,290.00 (2.8:1).
• The Setup: Sea Limited (SE) appears to be in the early stages of a massive bearish-to-bullish trend reversal, staging a recent breakout above the $90 resistance level on high volume. This technical inflection point targets $110 on the upside and is backed by a blowout Q1 2026 earnings report, where Sea generated $7.1 billion in revenue—a 47% year-over-year increase. Adjusted EBITDA topped $1 billion for the very first time, while the core Shopee e-commerce division saw gross merchandise value (GMV) grow 30%. Additionally, the SeaMoney fintech unit scaled its loan book by 71% year-over-year. Management has demonstrated exceptional regional execution and cost discipline, reinforcing strong operational momentum despite conservative initial guidance.
• Management:
  • Stop Loss: Sell the spread at $2.30 (50% loss on premium).
  • Take Profit: Sell the spread at $8.05 (75% gain on premium).