Wednesday’s Winners, 5 Fresh Options Ideas

Recap of Wednesday’s Plays:

We fared quite well with our designated options interests yesterday, despite the majority having been bearish ideas, and the markets experiencing another bullish session. We had a few trend-buckers on our hands, some of which ran harder than our one bullish play. We aren’t particular about how we make things happen, as long as they happen! That made our third straight day without missing on an idea, with the chance at another flawless week- something we have already achieved this year.

Yesterday’s ideas were the FSLR Weekly $146-148 Calls, the PAYC Weekly $160-150 Puts, the CVS Weekly $67-65 Puts, and the YUMC Weekly $47.50-45 Puts. Here are the intraday moves and total possible gains they recorded:

FSLR Weekly $146-148 Calls
$146:
 .79-1.95 (+147%)
$147: .67-1.69 (+152%)
$148: .44-1.20 (+173%)
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PAYC Weekly $160-150 Puts
$160:
 9.60-12.90 (+34%)
$155: 5.90-9.90 (+68%)
$150: 3.80-7.56 (+99%)
_____

CVS Weekly $67-65 Puts
$67:
 .26-.90 (+246%)
$66: .13-.47 (+262%)
$65: .06-.23 (+283%)
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YUMC Weekly $47.50-45 Puts
$47.50:
 3.20-5.30 (+66%)
$45: 1.15-3.30 (+100%)


Fresh Options Ideas:
SBUX Weekly $98-101 Calls
QCOM Weekly $116-118 Calls
PYPL Weekly $53-55 Calls
AAPL Weekly $175-177.50 Calls
SPY 11/02 $424-426 Calls


Extended Watchlist 
CLLS, PLTR, OLIT, PBLA, SHOP, BSFC, SIDU,  GVSI, YCRM, SONG, 

A Terrific Tuesday, 4 Fresh Plays for Wednesday

Another Perfect Outing on Tuesday:

While we can definitely say that flawless days when we hit on all of our ideas are frequent occurrences for us, we certainly don’t take it for granted, and it still makes us feel really good every time. Yesterday’s outing was just such an event, with all five of the fresh options possibilities we laid out in our premarket report making good intraday moves. It was the second straight day we achieved that feat, with all five of Monday’s plays having recording good gains as well. So we’re off to a perfect start this week, and we couldn’t be happier.

Yesterday’s runners were the ANET Weekly $187.50-192.50 Calls, the PINS Weekly $28.50-29.50 Calls, the CAT Weekly $235-230 Puts, the BUD Weekly $55-56 Calls and the BP Weekly $37.50-36.50 Puts. Most of the upswings they posted were double baggers or better. Here’s how the session’s activity played out:

ANET Weekly $187.50-192.50 Calls
$187.50:
 4.80-13.48 (+181%)
$190: 3.60-11.60 (+222%)
$192.50: 2.60-9.00 (+246%)

PINS Weekly $28.50-29.50 Calls
$28.50:
 .55-1.70 (+209%)
$29: .38-1.35 (+255%)
$29.50: .25-1.01 (+304%)

CAT Weekly $235-230 Puts
$235:
 6.09-11.25 (+85%)
$232.50: 4.39-8.85 (+102%)
$230: 3.04-6.79 (+123%)

BUD Weekly $55-56 Calls
$55:
 1.10-2.05 (+86%)
$56: .50-1.21 (+142%)

BP Weekly $37.50-36.50 Puts
$37.50: .99-1.23 (+24%)
$37: .50-.84 (+68%)
$36.50: .31-.48 (+55%)


Fresh Options Ideas:
FSLR Weekly $146-148 Calls
PAYC Weekly $160-150 Puts
CVS Weekly $67-65 Puts
YUMC Weekly $47.50-45 Puts


Extended Watchlist 
CLLS, MNPR, ZVSA, ALDX, BRSH, TGTX, SATX, YCRM, MCLE, PLNH

Solar is Red Hot

Keeping an Eye on Solar

This week has brought some very interesting plays in the solar energy sector. We’ve already seen big gains from SPI Energy Inc. SPI, JinkoSolar Holdings. Inc. JKS, and SunWorks Inc. SUNW, and would like to keep our eyes peeled for other opportunities in the arena which may be boosted by the volatility in those moves.

Yesterday alone, SPI went parabolic as it popped off from a low of 3.30 and hit 46.67 for an intraday run of over 1300%, SUNW ran from .73-4.57 (+526%), and JKS continued a month long run with a solid jump from 28.30 to 33.74 (+19%).

What this all tells us, is that a lot of eyeballs are sure to be flooding the solar space in coming sessions, and we’d like to formulate an options idea in the Invesco Solar ETF (TAN), which is presently flirting with a double top, the breaking of which would put it into blue sky territory. To make things interesting, we are going to place the TAN 10/16 $54-56 Calls on watch.
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Another Fresh Idea:
JEF 10/16 $17.50-20 Calls


Extended Watchlist:
JE, XTRM, CHNC, EVUS, BANT, DECN, BLLB, FSLR, CSIQ