SPDR S&P500 ETF (SPY)
We are wrapping up a very solid week, which even included a twenty-bagger (NFLX $300 Calls, +2069%). This morning, with the markets appearing to be geared toward bullish finish to the week, we will entertain a range of SPY Calls, for the possibility of some good daytrades to really end things on a high note going into the upcoming long weekend.
The SPY is our go-to target when not a lot else is jumping off of the scanner, and we’ve played it successfully on more occasions to count. The most recent being a couple of sets of ideas we made just prior to the New Year, which resulted in gains ranging from 300-600%
Today, we are going to be tracking the SPY Weekly $263.50-265 Calls.*
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Bonus Ideas:
JBHT 02/15 $100 & $105 Calls
CGC Weekly $43-44.50 Calls*
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*Please do not attempt to trade weekly options on a Friday unless you an advanced level trader with disposable funds.
Extended Watchlist:
BPTH, MTNB, KNDI, HSGX, CRBP, CCCL