SPY Options Review
We had one lone set of fresh options ideas to start the week off yesterday, signaling our interest in the SPY Weekly $284-286 Calls .
The markets did see a sharp rise in the first half of the session, despite returning to close flat on the day. That allowed for some reasonably solid chances for quick-strike gains in our designated target range.
Weekly $284-286 Calls
$284: 3.52-6.09 (+73%)
$285: 3.79-5.49 (+45%)
$286: 3.29-4.90 (+49%)
LMT Weekly $385-390 Calls
EFX Weekly $126-129 Calls
CCK 05/15 Weekly $60-65
OWC Pharmaceutical Research Corp. OWCP
It turned out to be OWCP that put up the most notable performance off of our extended watchlist yesterday. We saw the stock do big things last year, but were mentioning it for only the second time in 2020.
It put forth a couple of nice little moves on the day, first trading up from a low of .014 to .0289 (+92%), then pulling back to .0192 before hitting a new high of .036 (+88%). In total, the stock rose 157% from its early morning low to the ultimate high set during power hour.
CELZ, GFTX, HPMM, BLXX, BTH