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

All New Options Ideas

3-Pack of Options Ideas 

This morning we want offer up trio of fresh options ideas to track through this week, with some high profile earnings plays as well as a target in the SPY. Stocks in general are looking solid today, so the wind is blowing in the proper direction for it for the time being.

In addition to the SPY, we are looking at opportunities in the ADBE and FDX chains. Both companies are not slated to drop their quarterlies until after market hours, so we’ll be watching these in the run-up to that, and presumably for the remainder of the week after they present their figures.

Here are the specific targets we are interested in tracking: 

SPY 09/16 $340-342 Calls
FDX Weekly $237.50 Calls
ADBE Weekly $490-495 Calls 



Extended Watchlist:
BBRW, NWBO, OPTI, RBII, PFMS

DLOC Recap, Options & More

Digital Locations Inc. DLOC

We tagged DLOC in yesterday morning’s report just in the nick of time to catch one of the top sessions in the stock’s history. On all time high daily volume, the stock cruised from a low of .07 all the way up to .35, marking a fantastic 400% ripper on the day.

We have been supplementing our options plays with some select OTC picks as well, and this is a fine example of why. The opportunities have been there for anyone with the wherewithal to look (or read our daily reports).


Options Review

We also highlighted some options ideas that we thought might work out for yesterday’s session in AAPL and ADBE, as well as some SPY calls, and we were met with considerable success. All six of the designated sets in our target ranges produced double-bag gains or better.

AAPL Weekly $360-365 Calls
$360:
 5.85-13.57 (+132%)
$362.50: 3.45-11.55 (+235%)
$365: 3.35-9.70 (+190%)
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ADBE Weekly $435-445 Calls
$435: 6.00-12.43 (+107%)
$440: 3.20-8.95 (+180%)
$445: 1.80-5.66 (+214%)


Fresh Options Idea
AVAV 07/17 $75-80 Calls


Extended Watchlist:
SGMD, BRLL, BSTK, AITX, OZSC, BANT, HALB, FCCN, PLUG, FCEL