Tag: ITOX

Massive SPY Gains

SPDR S&P 500 (ETF) SPY – Review

Yesterday morning we said we would come back to the idea we issued for the SPY on Tuesday morning, for what we assumed was going to be some nice added gains. The targets were the SPY 05/27 $302-303 Calls, and they exceeded our expectations for the day by a country mile!

That pair of contracts posted what may possibly be the biggest single session gains we’ve ever tracked in the SPY, which has been our go-to market analog for years. The gains here were simply marvelous.

SPY 05/27 $302-303 Calls
$302: .02-.91 (+4500%)
$303: .03-1.92 (+6300%)

We had also signaled fresh ideas in some other options chains yesterday, and thanks in part to a big day for the markets, we saw some appreciable gains there as well, which were as follows: 

GSX 06/19 $30-35 Calls  
$30: 2.98-4.90 (+64%)
$35: 1.00-1.93 (+93%)
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STNE Weekly $31-32 Calls
$31: 1.19-3.60 (+203%)
$32: .80-2.70 (+238%)


More Fresh Ideas:
WDAY Weekly $172.50-177.50 Calls
HPQ Weekly $17-16 Puts 

Extended Watchlist:
OZSC, INQD, BBRW, KNOS, ITOX, TTCM, BGFV

TLSS Blows its Top…Again!

Transportation and Logistics Systems Inc. TLSS

Our last mention of TLSS came this past Thursday, when we provided updates on the incredible run underway for TLSS. We had originally alerted this OTC stock on the morning of April 16th, and by Wednesday of last week, it had made an excellent move of 632% from .0099-.0725.

On Friday, TLSS once again made an exponential leap, and took it to another stratosphere, setting a new high of .1548. That brought our total observed range since we began tracking this stock to a massive 1464%

Even if you had only caught our mention of the stock on Thursday, which saw a low of .05, you still had access to gains of up to 210% so all in all, our coverage of TLSS has been a rousing success. We even expect to see further gains at the open today with the stock preparing to gap up.

More Interesting Stocks

It isn’t all options all the time for us, as you may have gathered from the above-mentioned play. Here are a couple of other straight stock ideas that we are going to want to place on watch as we head into week’s end.

Luckin Coffee LK – Showing signs of a reversal off of its recent bottom, with a massive gap to the upside. We’ll put this one on extended-term watch.

Big 5 Sporting Goods Corp. BGFV – Here we have a solid momentum play, which has been adding gains since the beginning of April.

Special Reminder:

We targeted the SPY 05/27 $302-303 Calls yesterday morning. The market gapped up yesterday, and held most of those gains without adding more. Today, we’re seeing another gap-up which means anyone who snapped up some contracts yesterday will be sitting pretty to profit at the open today. We’ll report those gains in tomorrow’s newsletters.
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Fresh Options Ideas:
GSX 06/19 $30-35 Calls  
STNE Weekly $31-32 Calls
VIPS Weekly $16.50-17 Calls 

Extended Watchlist:
AXIM, HEMP, CVSI, QUBT, BBRW, ITOX, MCOA, ANVS

AMC Options Recap & More

AMC Entertainment Holdings Inc. AMC – Recap

Despite a rather bearish day for the markets in general, our bullish AMC options idea worked out quite nicely for us yesterday. We had signaled a single contract set with a June expiration, and got instant double-bag results.

Our specific idea was the AMC 06/19 $4 Calls, and they traded in a range from .55-1.15, for total possible gains of up to 109% on the day.

The company announced it won’t be playing Universal Studios films in the future as a result of NBCUniversal’s plans to release movies direct-to-home on-demand. It will be interesting to see how this affects our idea going forward, but as it stands, we’re happy with the single-session performance it recorded yesterday.


Fresh Options Ideas:

All of the following plays have reported earnings this morning, so as usual, we’re going to try to use the corresponding volatility to our advantage in hopes of seeing some nice gain opportunities:

AZN Weekly $52-53 Calls
MA Weekly $272.50-277.50 Calls
BA Weekly $138-140 Calls

Extended Watchlist:
XALL, ITOX, AMAZ, OZSC, TLSS, NAT