Another Dream Week of Options Trading

Massive Options Success Continues 

We continue to be laser-focused on our ongoing options ideas, as well as providing new ones regularly. Our success rate has been through the roof for pretty much the whole of 2020 and before, but the past few weeks have been especially fruitful.

Below, we have the new highs in the SPY Weekly $340-342.50 Calls that we signaled on Wednesday morning, in addition to the intraday ranges and total potential gains on our two fresh ideas in AAPL and QCOM from yesterday morning’s premarket report:  

SPY Weekly $340-342.50 Calls 
$340: 4.08-12.45 (+205%)
$341: 3.53-11.41 (+223%)
$342: 2.92-10.60 (+263%)
$342.50: 2.80-10.00 (+257%)
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QCOM Weekly $140-145 Calls
$140: 3.26-8.95 (+175%)
$141: 2.80-7.94 (+184%)
$142: 2.04-6.85 (+236%)
$145: 1.11-4.70 (+323%)
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AAPL Weekly $115-118 Calls
$115: 2.42-4.75 (+96%)
$116: 1.51-3.85 (+155%)
$117: 1.11-3.01 (+171%)
$118: .70-2.26 (+214%)


More Gainers from Yesterday’s Report

We also had a pair of extended watchlist plays that produced nice intraday moves on the day yesterday. Here’s what was on the table from those plays:

Firemans Contractors, Inc. FRCN
Range: .0009-.0024 – Max Gain: 167%

Optech International Inc. OPTI 
Range: .05-.0778 – Max Gain: 56%


Fresh Options Ideas:
SQ Weekly $177.50-185 Calls
CVS Weekly $62-63 Calls & 02/19 $65-70 Calls
CGC Weekly $21-21.50 Calls
TLRY Weekly $7.50-8.50 Calls


Extended Watchlist:
RLFTF, BCHG, NSUPF, ERBB

Big Time SPY Gains & More

Incredible Options Run Continues 

Our options ideas routinely perform positively just as fast as we can formulate them, and the targets we selected for yesterday morning’s premarket report were no exception.

In addition to seeing new high in the SPY Calls we had signaled on Tuesday, and the updates SPY Calls we posted fresh for yesterday also logged some serious intraday multibag runs. We also had some CVS Calls that fared pretty well.

Here are the updated figures and new ranges that gave ourselves and our readers access to the following gains:  

SPY 11/04 $332-334 Calls  
$332: 5.46-15.79 (+189%)
$333: 4.86-14.79 (+204%)
$334: 4.32-13.84 (+220%)

SPY Weekly $340-342.50 Calls 
$340: 4.08-9.12 (+124%)
$341: 3.53-8.73(+147%)
$342: 2.92-7.50 (+157%)
$342.50: 2.80-7.00 (+150%)
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CVS Weekly $59.50-61 Calls
$59.50: 1.84-2.88 (+57%)
$60: 1.40-2.52 (+80%)
$60.50: 1.27-2.15 (+69%)
$61: 1.03-1.83 (+78%)


Fresh Options Ideas:
QCOM Weekly $140-145 Calls
AAPL Weekly $115-118 Calls


Extended Watchlist:
OPTI (>>News), PACDQ, SAGD, FRCN, RLTR 

ZVTK Recap, Options Reviews

Zevotek, Inc. ZVTK – Recap

We were just commenting on a hot OTC play we made on another stock yesterday morning, as we included ZVTK in our watchlist. This is a stock that set off an unusual volume alert in the previous session, and it was a sign of things to come.

On big volume, ZVTK ran from a low of .0152 to a high of .0448, which works out to a huge intraday run of 195% This is two consecutive reports in which we’ve illustrated why it’s important to scan through our daily extended watchlists, as we often uncover such hidden gems.


More Options Review

We also did our typical routine yesterday morning, in signaling some fresh options ideas. We highlighted some short term SPY Calls which expire today, as well as weekly targets in the Ferrari chain.

We got some decent opportunities out of those ideas, the total gains of which were as follows: 

SPY 11/04 $332-334 Calls  
$332: 5.46-8.60 (+60%)
$333: 4.86-7.89 (+64%)
$334: 4.32-7.18 (+113%)
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RACE Weekly $187.50-192.50 Calls
$187.50
: 8.09-11.02 (+92%)
$190: 4.50-8.85 (+110%)
$192.50: 4.73-7.30 (+123%)


Fresh Ideas:
SPY Weekly $340-342.50 Calls
CVS Weekly $59.50-61 Calls 


Extended Watchlist:
NWBO, TMXN, OWCP, CRTL, DGTW