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

Friday’s Options Perfection, Fresh Idea for the SPY

Friday’s Options Review: 

The markets got absolutely crushed to close out the week on Friday, so it was fortunate that the majority of the plays that we offered up as intraday trading ideas were on the bearish side of the fence. However, the one set of calls that we rode with also bucked the trend and posted some huge gains, so we swept the board with a perfect performance on the day.

Our particular targets for the day were the BABA Weekly $110-113 Calls, the DOCU Weekly $68-65 Puts, the SPY 06/10 $400-398 Puts, and the SFIX Weekly $7-6.50 Puts. The potential profits produced by these plays did not disappoint. Those figures were as follows:

BABA Weekly $110-113 Calls
$110: 
.27-.95 (+252%)
$111: .09-.49 (+444%)
$112: .03-.27 (+800%)
$113: .01-.14 (+1300%)
_____

DOCU Weekly $68-65 Puts
$68: .91-3.70 (+307%)
$67: .54-3.00 (+455%)
$66: .36-2.20 (+511%)
$65: .20-1.50 (+650%)
_____

SPY 06/10 $400-398 Puts
$400: 5.24-11.00 (+110%)
$399: 4.57-9.28 (+103%)
$398: 3.88-8.31 (+114%)
_____

SFIX Weekly $7-6.50 Puts

$7.00: .05-.25 (+400%)
$6.50: .20-.55 (+175%)


Fresh Options Idea:

As we mentioned at the outset of last week, we’re heading into a very thin and spotty time in terms of big name earnings reporters, which are typically our daily bread and butter for quick-strike options trading opportunities. In times like these, we usually rely upon playing daily SPY targets. Today we’re going to look at the SPY 06/13 $385-383 Puts.


Extended Watchlist:
GMVD, IMPP, DAWN, BLUE, RDBX, MWWC, CYDY, ENZC, IGXT, AWSI, MMMM, 

Another Flip on the SPY, Fresh Ideas

Options Review: 

It has been a stellar week for options trading, despite the markets having their hiccups. Yesterday was another mixed bag in terms of the overall sentiment, but both of the quick strike options plays we were tracking in our premarket report produced immediate results for us. The volatility afforded by recent market conditions has been a real plus for daytraders.

Our designated targets for yesterday’s session were the SPY 05/13 $392-389 Puts, and the DIS Weekly $101-98 Puts, and there were multi-bag intraday opportunities across the board in both ranges. Below, we’re going to flip our stance on the SPY as well, something we’ve done successfully many times in recent sessions, so be sure to read on past yesterday’s performance figures to find those fresh targets.

SPY 05/13 $392-389 Puts
$392:
 2.40-8.02 (+197%)
$391: 2.02-7.30 (+262%)
$390: 1.74-6.60 (+279%)
$389: 1.47-5.90 (+301%)
_____

DIS Weekly $101-98 Puts
$101:
 .36-.95 (+164%)
$100: .23-.66 (+187%)
$99: .16-.43 (+169%)
$98: .11-27 (+145%)


Fresh Options Ideas:
SPY 05/13 $395-398 Calls*
AFRM Weekly $23.50-25 Calls*
SBUX Weekly $70-72.50 Calls*

**Please don’t try to trade options on their day of expiration unless you are well-versed in options trading! 


Extended Watchlist:
MULN, OTRA, ALNA, CALA, PTE, HOOD, MYSZ, SYSX, IGEX, TGGI, ENZC, DMAN, NSAV, SFOR