Options Roundup
–
Yesterday brought more extreme success in the options trading arena for us, as we formulated two new ideas that worked out nicely, as well as increasing our strike field on the SPY by an extra two sets of contracts.
Our initial targets from Wednesday were the SPY Weekly $334-335 Calls, and we rolled up to include the $336 and $337’s as well. In each case, we saw some nice gains on the day yesterday:
SPY Weekly $334-335 Calls
$334: 2.47-4.87 (+97%)
$335: 2.00-5.64 (+182%)
$336: 1.88-2.95 (+57%)
$337: 1.46-2.35 (+61%)
The two fresh options plays that we highlighted were the NKLA Weekly $21.50-23 Calls and the BBBY Weekly $16-18 Calls, and in both cases, we saw some fantastic opportunities to profit.
NKLA Weekly $21.50-23 Calls
$21.50: 1.17-5.40 (+362%)
$22: .91-5.20 (+471%)
$22.50: .66-4.57 (+592%)
$23: .50-4.16 (+732%)
_____
BBBY Weekly $16-18 Calls
$16: 1.55-4.20 (+171%)
$16.50: 1.57-3.80 (+142%)
$17: 1.28-3.30 (+158%)
$17.50: .93-2.79 (+200%)
$18: .26-2.46 (+846%)
_____
We also saw some more really great moves out of the UBER Calls we began tracking on Tuesday morning, including a ten-bagger!
UBER Weekly $34.50-36 Calls
$34.50: .68-3.35 (+392%)
$35: .39-2.58 (+561%)
$35.50: .25-2.29 (+816%)
$36: .15-1.81 (+1040%)
ABCO Energy, Inc. ABCE
–
After mounting a run from .0004 up to .0009 as we mentioned in yesterday morning’s report, we cautioned readers that the stock had traded massive volume, and that we’d be on the lookout for a continuation of momentum.
That’s just what ended up happening, as ABCE pushed to a new high .0013. That extends our two-day observed gains on this play to 225%
Extended Watchlist:
FPVD, ABQQ, SCON, ENDO, BYOC, CODX