Tag: FRED

SPDR S&P500 ETF (SPY) –  2nd Update

We have basically called the activity in the SPY this week absolutely perfectly. On Monday we signaled the
the SPY 06/19 $289-290.50 Calls,  and while we only saw moderate gains on the first day of trading, we did reiterate our interest in them in yesterday’s morning report.

We mentioned that the premarket activity suggested that further gains for our tracked contracts were on the way, and we couldn’t have been more on the money.  Here are the updated two-day upswings that we have now seen out of the SPY on those initially targeted contracts.

$289 Calls – Range: 1.50-4.60 – Max Gain: 207%
$289.50 Calls – Range: 1.24-4.15 – Max Gain: 235%
$290 Calls – Range: 1.00-3.72 – Max Gain: 272%
$290.50 Calls – Range: .80-3.31 – Max Gain: 314%

For those paying attention, in yesterday’s SPY update, we also rolled up to include another pair of ideas, the SPY 06/19 $291-291.50 Calls, and those too saw some excellent intraday gain opportunities.

$291 Calls – Range: 1.20-2.95 – Max Gain: 146%
$291.50 Calls – Range: .96-2.55 – Max Gain: 166%
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FRESH IDEA: 
Adobe, Inc. ADBE Weekly $285-290 Calls 

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SunPower Corp. SPWR

We also want to comment on what has turned into one of the most steady-growth movers of 2019, in SPWR. We began tracking this play all the way back in January. We typically go after quick-strike opportunities, but it became very apparent after awhile that SPWR was good for a much longer term look.

The ground it has covered in this calendar year has been incredible. From our observed low of 5.06 just a couple days after our alert, the stock has now scored a double-bagger, and then some. Yesterday it hit a new high of 11.01, marking a total increase of 118%

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Extended Watchlist:
MLNT, FRED, TWMC, NURO, ROX,