Solid Start to the Week:
We put our best foot forward yesterday to kick the tires on a fresh trading week, and despite a poor session for the markets, four of the five options ideas we included in our morning report ended up presenting respectable swing trade opportunities early in the day.
We cast a rather wide net, and the targets that produced for us were the SPY 07/18 $386-388 Calls, the SYF Weekly $31-33 Calls, the GS Weekly $300-305 Calls, and the BA Weekly $150-152.50 Calls. Here were the intraday swings and total possible gains they recorded:
SPY 07/18 $386-388 Calls
$386: 1.89-2.66 (+41%)
$387: 1.25-1.85 (+48%)
$388: .76-1.23 (+62%)
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SYF Weekly $31-33 Calls
$31: 1.80-2.41 (+34%)
$32: 1.11-1.70 (+53%)
$33: .43-1.00 (+133%)
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GS Weekly $300-305 Calls
$300: 3.80-5.33 (+40%)
$302.50: 2.81-4.10 (+46%)
$305: 1.95-2.90 (+49%)
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BA Weekly $150-152.50 Calls
$150: 3.90-5.03 (+29%)
$152.50: 2.74-3.64 (+33%)
Fresh Options Ideas:
HAL Weekly $28.50-29.50 Calls
NVS 8/19 $82.50-87.50 Calls
JNJ Weekly $172.50-177.50 Calls
IBM Weekly $134-131 Puts
OTC Recaps:
Here are a few selections from recent extended watchlists that got off to a good start to the week yesterday. They posted new highs for us, and serve as a reminder to track the plays in our daily watchlists and look out for for hidden gems.
VaporBrands International Inc. VAPR
Range: .054-.0949
Gained: +76%
Cruzani, Inc. CZNI
Range: .0005-.0017
Gained: +240%
Galexxy Holdings, Inc. GXXY
Range: .269-.477
Gained: +77%
Extended Watchlist:
ETCG, LTCN, AABB, MMMW, IDGC, OWUV, JNSH, XELA, STIM, USEA, APLD, WFG