Author: BHS

Multiple Fresh Options Plays

Options Review

Our primary focus in yesterday’s report was on a few sets of bearish options ideas, and with the markets indeed tacking on losses, we were able to witness some pretty solid intraday gain opportunities. We were looking at the chains the SPY, AAPL, and NKE, and in each case, our interests exhibited big moves.

Here’s a rundown of the single session gain possibilities we observed in those various targets:

SPY Weekly $335-333 Puts
$340: 1.70-4.62 (+172%)
$341: 1.37-4.00 (+192%)
$342: 1.14-3.44 (+202%)
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AAPL Weekly $111.25-108.75 Puts
$340: 1.09-2.85 (+161%)
$341: .70-2.10 (+200%)
$342: .45-1.47 (+3372%)
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NKE Weekly $118-117 Puts
$118: 3.90-5.09 (+31%)
$117: 3.28-4.70 (+43%)

Fresh Options Ideas: 

BYND Weekly $150-149 Puts
BA Weekly $167.50 & 10/02 $175 Calls
MSFT Weekly $202.50-205 & 10/02 $210-215 Calls

Extended Watchlist:
TOMI, SOLS, SSOF, ATVK, FHBC, GHHC

Bearish Options Ideas

FedEx Corp. FDX – Options Review

Despite having signaled our options idea FDX on Tuesday morning, it was a postmarket drop, thus, leading into yesterday’s session, the earnings were still untraded upon. We reminded readers yesterday morning to look out for what we expected to be a solid performance, and we were not wrong.

Our sole target, the FDX Weekly $237.50 Calls ran from a low of 7.95 all the way up to 19.00 for us, which mean our idea has been good for a gain of up to 139% to this point.

Options Ideas With the markets flailing and looking to be set up for a lackluster day, we are going to open things up today and track a few sets of bearish options ideas for the SPY, AAPL, and NKE chains.

SPY Weekly $335-333 Puts
AAPL Weekly $111.25-108.75 Puts
NKE Weekly $118-117 Puts

Extended Watchlist:
PPCB, VNUE, TSOI, CLHI, HENC, CETY

Options Updates & More

Adobe, Inc. ADBE – Options Update

Yesterday morning we signaled a couple of options plays in ADBE and FDX, with both companies reporting their quarterly earnings in the post-market. While we didn’t get much action from FDX in the run-up to earnings, ADBE began to perform. Noth sets of targets should be of interest today.

We expect to see some positive activity right from the outset today, as those untraded upon beats will surely factor in. Stay tuned tomorrow for an update on those upcoming performances. For now, here are the initial moves that ADBE started off with in yesterday’s session.

ADBE Weekly $490-495 Calls 
$490: 18.00-22.75 (+26%)
$492.50: 17.77-21.55 (+21%)
$495: 16.44-20.30 (+23%)
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SPDR S&P500 (ETF) SPY – Recap

We also signaled a range of SPY Calls to watch yesterday, and despite a general downtrend for the markets at large, we did see some notable moves in those contracts, which will expire at the end of the session today.

SPY 09/16 $340-342 Calls
$340: 1.39-2.16 (+55%)
$341: .98-1.59 (+62%)
$342: .67-1.15 (+72%)

Giga Metals Corp. HNCKF

On Monday morning we signaled interest in HNCKF via our extended watchlist, and we wanted to report back on the two day performance we’ve seen from that stock so far this week. From a low of 1.05 we witnessed a high of 1.59 yesterday, marking a respectable move of 51%

Extended Watchlist:
FBVD, GRNF, SBFM, HPTY