Big Options Runners, More Fresh Plays

Massive Options Gainers:

It was a mixed bag kind of a session for us yesterday, having gone half-and-half on options ideas, bullish and bearish. As a result of the huge day the markets had yesterday, it was the bullish targets that produced notable moves for us on the day.

Those calls that ended up posting huge numbers were the DPZ Weekly $315-325 Calls, and the DAL Weekly $29-29.50 Calls. As you can see below, Domino’s put forth a really good show, as every set in our observed range rattled off absolutely massive multibag runs. The gains we saw in the Delta plays were fairly on-par with those as well, registering big multibag moves themselves. Here’s the breakdown of those enormous gainers:

DPZ Weekly $315-325 Calls
$315:
 5.06-21.23 (+320%)
$320: 2.55-15.06 (+491%)
$325: 1.60-11.49 (+618%)
_____

DAL Weekly $29-29.50 Calls
$29: .36-2.02 (+461%)
$29.50: .21-1.57 (+648%)


Fresh Options Ideas:
UNH Weekly $510-515 Calls*
NTNX Weekly $24-25 Calls*
SPY 10/14 $366-368 Calls*
JPM Weekly $109-111 Calls*

*Trading options on their day of expiration can carry a heightened level of risk and should only be attempted by seasoned traders! 


Extended Watchlist:
HMBL, CRTD, AHFD, SMME, IMRA, LASE, ZVO, ATXI, CNXA, SYTA

Winning Options Plays, 4 Fresh Ideas

Options Reviews:

Despite only having a single earnings reporter yesterday morning off of which we could base an options idea, we managed to turn up some pretty good opportunities including a couple multi-bag gain chances.

That lone fresh play was for the PEP Weekly $162.50-167.50 Calls, and they did post some nice intraday moves. In addition, we have a couple of updates on some longer term calls that we signaled in reports from last week. For the CAT 11/04 $180-185 Calls, we alerted these calls on last Wednesday the 5th, while the UNFI 11/18 $35 Calls were an idea we formulated on September 30th. Both have performed rather nicely, and give a good example of why we like to include a mix of quick-strike plays with longer-term ideas.

PEP Weekly $162.50-167.50 Calls 
$162.50: 4.55-8.10 (+78%)
$165: 2.77-6.02 (+117%)
$167.50: 1.40-4.05 (+189%)
_____

CAT 11/04 $180-185 Calls
$180: 5.43-9.40 (+73%)
$185: 4.00-5.80 (+45%)
_____

UNFI 11/18 $35 Calls
$35:
1.80-3.80 (+111%)


Fresh Options Ideas:
SPY 10/14 $352.349 Puts
DPZ Weekly $315-325 Calls
DAL Weekly $29-29.50 Calls
BLK Weekly $515-505 Puts 


Meta Materials, Inc. MMTLP – OTC Recap: 

We had just marked MMTLP as an OTC worth tracking in yesterday morning’s extended watchlist, and the stock recorded a very nice intraday move for us, running from a low of 3.80 up to a high of 6.90. That represents an intraday rally of 82%


Extended Watchlist:
LASE, SOXS, CRBP, FNHC, BABL, CRTD, ENZC, HMBL, STGZ, BOTY

Continued Options Success, New Ideas

Options Review: 

We offered up four sets of options ideas in our premarket report yesterday, and three of those four ended up being solid movers on the day. We can’t always be flawless, but having said that, three out of four isn’t half bad!

Our designated targets were the SPY 11/15 $467-469 Calls, the AAP Weekly $240 Calls, and the ACM Weekly $70-72.50 Calls. Some of the gains we observed were fairly modest, but we had some nice multi-baggers in there as well – most notably the SPY $467 Calls which rattled off an enormous run on the day.

Here are the total ranges and possible profits that were available to anyone who was tracking these plays: 

SPY 11/15 $467-469 Calls
$467:
 .08-.70 (+100%)
$468: .12-.30 (+105%)
$469: .28-.52 (+121%)
_____

AAP Weekly $240 Calls
$240:
6.60-9.20 (+121%)
_____

ACM Weekly $70-72.50 Calls 
$70: 2.15-3.10 (+100%)
$72.50: .80-1.55 (+105%)


Fresh Options Ideas:
AXON Weekly $195-210 Calls
HD Weekly $370-375 Calls
SE Weekly $355-362.50 Calls 


Extended Watchlist: 
KZR, BIMI, PROG, CRTD, CYTH, OZSC, DPLS, GTII, CRYO, FTXP, CBGL