SPY Cooks Again, Fresh Plays

Options Reviews:

Our primary mover of the day yesterday involved the SPY Calls that we signaled in yesterday morning’s premarket report. It was the second straight session in a row wherein the markets have put together extremely bullish performances, and that led to some serious gains in the targets we were tracking.

Those potential-filled plays were the SPY 10/05 $370-372 Calls which put forth some very solid daily runs for us. We also want to circle back for the FTNT 10/21 $45-50 Calls, which we slated for observation on Monday morning. Those too have produced notable gains so far as we head through this midweek. The trading ranges and potential gains on these plays have been as follows:

SPY 10/05 $370-372 Calls

$370: 4.28-8.53 (+99%)
$371: 3.66-7.55 (+106%)
$372: 3.08-6.75 (+119%)
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FTNT 10/21 $45-50 Calls
$45: 4.59-8.15 (+78%)
$50: 1.60-4.00 (+150%)


Fresh Options Ideas:
HELE 10/21 $95-85 Puts
RPM 10/21 $90-95 Calls
CAT 11/04 $180-185 Calls


Applied Minerals Inc. AMNL – OTC Recap:

Just for a quick update on a stock that performed very well off of yesterday morning’s extended watchlist. AMNL saw a low of .0091 on the day before surging as high as .02, which works out to a v ery respectable gain of 120%


Extended Watchlist:
SMME, LEAS, MMMM, CRYM, NSAV, PEGY, VEV, AGFY, KITT, SHPH, BNGO

Yesterday’s Hitters, Today’s New Ideas

Tuesday’s Big Plays:

Things continued to go rather well for us on the options trading front yesterday. We stick our necks out to come up with quality trading ideas on a daily basis, and while it can sometimes prove challenging, we always seem to get the job done in respectable fashion. Of course it helps significantly that the markets have been especially volatile, as they have been this earnings season, to ratchet up the opportunities for daytraders. We hit on three out of the four ideas in which we were interested.

The potential plays we targeted in yesterday morning’s premarket report that went on to record big gains were the UBER Weekly $26.50-27.50 Calls, the MAR Weekly $160-162.50 Calls, and the CAT Weekly $192.50-187.50 Puts. Lets have a look at the type of intraday movement they provided for us during yesterday’s session.

UBER Weekly $26.50-27.50 Calls
$26.50:
 1.40-2.98 (+113%)
$27: 1.14-2.60 (+128%)
$27.50: .89-2.15 (+142%)
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MAR Weekly $160-162.50 Calls
$160: 1.05-3.40 (+224%)
$162.50: .52-2.10 (+320%)
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CAT Weekly $192.50-187.50 Puts 
$192.50: 4.95-9.50 (+92%)
$190: 3.40-6.87 (+102%)
$187.50: 2.20-5.15 (+134%)


Fresh Options Ideas:
PYPL Weekly $98-101 Calls
SBUX Weekly $84-86 Calls
MRNA Weekly $162.50-167.50 Calls


Extended Watchlist: 
EAR, AMTD, APDN, HSDT, CEMI, TOUR, PSTX, OPTT, SIRC, IGEX, OZSC, EFSH, TWOH

Reviewing Monday’s Winners, 4 Fresh Ideas

Monday’s Options Recap:

We got off to a good start with yesterday’s report, kicking off the fresh trading week with three out of our four daily selections producing chances at some very nice intraday gains. Our primary focus for the past couple weeks has been to attempt to take advantage of the volatility and excitement brought by earnings season, and if you check the record, we believe we’ve done a fine job.

Yesterday’s runners included the BLDR 08/19 $70-75 Calls, the ON Weekly $64-62 Puts, and the HSBC Weekly $33-34 Calls, which put up these very respectable intraday moves for the session, and got another exciting trading week started off on a good foot.

BLDR 08/19 $70-75 Calls
$70:
 3.00-5.90 (+97%)
$75: 1.05-2.82 (+169%)
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ON Weekly $64-62 Puts
$64:
 .90-2.25 (+150%)
$63: .65-1.58 (+143%)
$62: .46-1.22 (+165%)
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HSBC Weekly $33-34 Calls
$33: .75-.95 (+27%)
$33.50: .33-.65 (+97%)
$34: .15-.40 (+167%)


Fresh Options Ideas:
UBER Weekly $26.50-27.50 Calls
MAR Weekly $160-162.50 Calls
BP Weekly $29-30 Calls
CAT Weekly $192.50-187.50 Puts 


Extended Watchlist: 
AMTD, KRKR, FFIE, REV, ILAG, APDN, QNRX, CZOO, INVZ, SIRC, GEGI, OWUV, RVIC