Massively Successful Options Plays

Crushing it on Earnings Plays:

We have been offering up a greater-than-usual number of potential options plays with each daily newsletter of late, due to the extremely elevated amount of big name earnings reporters that have been dropping figures. We definitely took advantage of earnings season on Friday, when we put forth a half dozen ideas, all of which made multibag gains for us! Things couldn’t have gone any better for us to wrap up what had already been a great trading week.

As we kick off this fresh week of options opportunities we’ll start by going over those winning selections for Friday, which were the XOM Weekly $94-95 Calls, the CVX Weekly $150-155 Calls, the AAPL Weekly $160-162.50 Calls, the PG Weekly $145-143 Puts, the SPY 07/29 $407-408 Calls,and the AMZN Weekly $133-136 Calls. As we said, they all yielded a shot at double baggers or better, and those gains were as follows:

XOM Weekly $94-95 Calls
$94: 
.84-3.50 (+317%)
$95: .34-2.57 (+656%)
_____

CVX Weekly $150-155 Calls
$150: 
5.71-14.50 (+154%)
$152.50: 3.64-12.01 (+230%)
$155: 1.48-9.64 (+551%)
_____

AAPL Weekly $160-162.50 Calls
$160: 
.82-3.71 (+352%)
$162.50: .20-1.54 (+670%)
_____

PG Weekly $145-143 Puts
$145: 
3.00-6.32 (+111%)
$144: 2.10-5.52 (+163%)
$143: 1.52-4.62 (+204%)
_____

SPY 07/29 $407-408 Calls
$407: 
1.28-5.37 (+320%)
$408: 1.07-5.00 (+367%)
_____

AMZN Weekly $133-136 Calls

$133: 1.29-4.75 (+268%)
$134: .90-3.85 (+327%)
$135: .60-3.02 (+403%)
$136: .40-2.30 (+475%)


Fresh Options Ideas:
BLDR 08/19 $70-75 Calls
CHKP Weekly $125-120 Puts
ON Weekly $64-62 Puts
HSBC Weekly $33-34 Calls


Extended Watchlist: 
GOVX, MGAM, VRAX, TBLT, AEMD, CYAD, NRXP, RMO, MAIA, SKFG, WLAN, TGHI, EMGE, NUGN

Playing the SPY Like a Fiddle, Fresh Ideas

SPY Calls Surge on Market Pop:

We had just some daily SPY Calls and a longer term idea in yesterday morning’s premarket report, the latter of which isn’t really primed for an immediate update, but we most certainly came down on the right side of the fence with the SPY. The markets ripped all day long, and provided us with the catalyst for some really nice intraday gain opportunities.

We were tracking the SPY 05/23 $391-393 Calls, and all three of the contract sets contained within recorded huge multibag runs for us. The total possible daily gains were as follows:

SPY 05/23 $391-393 Calls
$391:
 2.04-6.82 (+234%)
$392: 1.58-5.81 (+268%)
$393: 1.19-5.05 (+324%)


Fresh Options Ideas:
NTES Weekly $98-100 Calls
WOOF Weekly $15-16 Calls
ZM Weekly $91.50-93 Calls


Watchlist Runners:

We saw some solid movement out of some of the plays off of yesterday morning’s extended watchlist. CBIO ran following the announcement of a $60M asset sale to Vertex, while GOVX was another stock boosted by the rising concerns over monkeypox, which has officially made its way to the US, and seems to a hot-button catalyst for related plays at the moment. .

Catalyst Biosciences, Inc. CBIO
Daily Range:
.90-1.47
Gained: +63%
_____

GeoVax Labs, Inc. GOVX
Daily Range: 1.65-2.85
Gained: +73%


Extended Watchlist:
RGBP, IGEX, PLPL, ETCG, PRCX, TONR, EVOL, TXTM, BIMI, ZVO, GFAI, BTTX, SWTX, CTEK

More Sweeping Options Success, Fresh Ideas

A Second Consecutive Clean Options Sweep:

We crushed it on options ideas in Friday morning’s premarket report, setting our readers up with three earnings related trading possibilities, all of which produced big intraday gains. The markets slid all the way until shortly after lunchtime, and then clawed their way back, running into the close, which allowed for great movement in both our bullish and bearish ideas. It was the second straight day where literally everything we highlighted went bananas.

We were tracking the FL Weekly $29-31 Calls, the PANW Weekly $475-487.50 Calls, and the DE Weekly $360-350 Puts, and each and every contract set contained within those ranges recorded large runs, and yielded the chance at the following excellent gain opportunities:

FL Weekly $29-31 Calls
$29:
 1.80-2.80 (+56%)
$30: .87-1.85 (+113%)
$31: .38-.99 (+161%)
_____

PANW Weekly $475-487.50 Calls
$475: .25.-3.67 (+1368%)
$477.50: .20-2.00 (+900%)
$480: 5.98-16.00 (+168%)
$482.50: 6.06-11.00 (+82%)
$485: 4.00-11.89 (+197%)
$487.50: 3.77-10.55 (+180%)
_____

DE Weekly $360-350 Puts

$360: 15.50-51.00 (+229%)
$355: 14.00-47.04 (+236%)
$350: 12.35-45.42 (+268%)


Fresh Options Ideas:
SPY 05/23 $391-393 Calls*
COIN 06/10 $70 Calls

*Trading options on their day of expiration can be risky. Please don’t try it unless you are well-versed in options trading. 


Siga Technologies, Inc. SIGA – Update:

It’s always a good idea to copy our daily extended watchlists into your favorite tracking site/software and monitor their activity along with us. Many times they will contain hidden OTC gems like SIGA, which just received FDA approval for intravenous (IV) formulation of its TPOXX® monkeypox treatment. It was even mentioned by name in a recent budget request from the Biden administration for treatments against the rising health threat.

SIGA appeared in Thursday morning’s extended watchlist and saw a low of 8.00 that day. This morning in early trading the stock is up as much as 119% to a premarket high of 17.50. We will continue tracking its movements as the FDA news continues to filter through the investment community.


Extended Watchlist:
PBI, CMRX, GOVX, CBIO, VMW, PRCX, THER, RDGL, HIRU, ITNS, URYL

Biggest Options Gainers & More

Options Recaps:

We’ve gotten off to another great start with regard to options trading this week. Yesterday morning in our premarket report, we formulated a couple of ideas, in the THO and UNFI chains on the heels of those companies’ earnings reports.

Despite an extremely poor session for the markets in general yesterday, both of our our ideas, the THO 10/15 $115-120 Calls and the UNFI 10/15 $35-40 Calls, bucked the trend and exhibited multibag gains on the day for us. A strong performance all around no matter which contract set within our targeted ranges was selected.

Here are those excellent multibag intraday moves posted by our plays:

THO 10/15 $115-120 Calls
$115: 4.40-12.70 (+187%)
$120: 2.10-8.70 (+314%)
_____

UNFI 10/15 $35-40 Calls
$35: 5.00-12.32 (+146%)
$40: .1.60-7.57 (+373%)


Fresh Options Ideas:
MU Weekly $72-71 Puts
WOR 10/15 $60-65 Calls


Farmmi, Inc. FAMI 

We also would like to designate FAMI as a longer-term bottom bouncer that has the potential to become a solid recovery play.

We are going to radar FAMI for the effort the company is making to get its stock back to the dollar minimum PPS required for continued listing on the NASDAQ. A shareholder letter from the CEO this morning outlined some of the ways that’s happening, including planned acquisitions and more. (>>Read PR)


Extended Watchlist:
ENZC, IFAN, TLSS, FERN, VNTH, FONU, ETEK, AYVU, NCNA, GOVX, ITRM, FOLD

Persistent Options Success & More

Options Bonanza Continues: 

We were reporting absolutely massive gains in Wednesday’s tracked options plays for yesterday morning’s premarket report, and like always we went ahead and tried to find some fresh opportunities for our readers. If anyone thought that the thousand-percent gains and more we unearthed was a rare occurrence, that can be laid to rest today.

Our fresh plays for the day and once again we gave our readers access to ten-baggers for the session, in two separate picks! Our targets were the KSS Weekly $52-54.50 Calls, the EL Weekly $310-320 Calls, and the NVDA Weekly $190-193.75 Calls, with the KSS and NVDA calls being the major runners on the day.

Here were the total possible profits on the table for the session: 

KSS Weekly $52-54.50 Calls
$52:
 .91-4.25 (+367%)
$52.50: .59-3.64 (+517%)
$53: .50-3.40 (+580%)
$53.50:  .37-2.79 (+654%)
$54: .20-2.53 (+1165%)
$54.50: .24-2.06 (+758%)
_____

EL Weekly $310-320 Calls
$310:
 11.40-18.19 (+133%)
$320: 2.61-10.80 (+314%)
_____

NVDA Weekly $190-193.75 Calls 
$190: 2.01-15.01 (+647%)
$191.25: 1.53-13.65 (+792%)
$192.50: 1.17-12.57 (+974%)
$193.75: .92-11.38 (+1137%)


Fresh Options Ideas: 
BKE Weekly $42.50-45 Calls*
FL Weekly $57-59 Calls*
DE Weekly $360-365 Calls*

*Please don’t attempt to trade weekly options on a Friday unless you are an experienced trader with access to disposable funds! 


Extended Watchlist:
GRNQ, GOVX, NAKD, WDLF, RGBP, CYBL, TSOI, AITX, SHMP, TGGI, EEGI

Get Our FREE Daily Reports!