SPY, FUTU Gainers, Fresh Options Plays

Yesterday’s Big Runners: 

Yesterday morning, as is typical for our daily premarket reports, we included a selection of options ideas comprised of both quick-strike and extended-term ideas. There was a lot of good volatility in the markets yesterday, so the quick plays worked out beautifully, while the longer-term target will take some time to mature.

Our spur of the moment ideas were the SPY 06/06 $413-415 Calls and the FUTU Weekly $38.50-40 Calls. In both cases, we had multiple chances for beautiful multi-bag intraday gains. Despite the fact that we are going to see a tapering of earnings reporters in coming weeks, if we continue to see the type of volatility yesterday brought, we should have too hard of a time tracking down opportunities like these.

SPY 06/06 $413-415 Calls
$413:
 .49-1.44 (+194%)
$414: .30-.85 (+183%)
$415: .12-.46 (+283%)
_____

FUTU Weekly $38.50-40 Calls
$38.50: 
2.98-8.75 (+193%)
$39: 2.10-6.57 (+213%)
$39.50: 2.75-7.20 (+162%)
$40: 1.77-8.00 (+352%)


Fresh Options Ideas:
PLAY Weekly $38-39 Calls
ASO Weekly $34-37 Calls
GTLB 06/17 $40-45 Calls

KSS Weekly $45-46.50 Calls


Extended Watchlist:
KRBP, HLBZ, JAN, GHMP, GSFI, BDCO, WHSI, ABQQ

Clean Sweep on Options Winners

Options Success Across the Board:

What a way to head into the end of the week, as we cruise in on this lovely Friday morning with a full slate of successful earnings related options ideas! We don’t call it out bread and butter for nothing. Every single idea that we signaled for observation in yesterday’s premarket report produced big time chances for solid single session gains.

We were tracking after the SPY 05/20 $390-388 Puts, the KSS Weekly $41-39 Puts, the BJ Weekly $55 Calls, and the SNPS Weekly $270-280 Calls. Out of all those potential targets, just one contract set in the SNPS chain failed to produce double-bag gains. The total figures on those plays were as follows:

SPY 05/20 $390-388 Puts
$390:
 1.97-4.17 (+112%)
$389: 1.55-3.63 (+134%)
$388: 1.41-3.15 (+123%)
_____

KSS Weekly $41-39 Puts
$41:
 .80-1.82 (+128%)
$40: .50-1.30 (+160%)
$39: .38-.99 (+161%)
_____

BJ Weekly $55 Calls
$55: 1.65-5.10 (+209%)
_____

SNPS Weekly $270-280 Calls
$270: 20.30-34.03 (+67%)
$280: 10.00-25.82 (+158%)


Fresh Options Ideas:
FL Weekly $29-31 Calls*
PANW Weekly $475-487.50 Calls*
DE Weekly $360-350 Puts*

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


Extended Watchlist:
UCPA, RMSL, PACV, GSFI, VRUS, RVVTF, XCUR, 

Earnings Plays Buck the Poor Market Trend

Options Buck the Trend:

It was another dreary day for the markets yesterday, as most stocks took a beating for the entire session. Thankfully it wasn’t too brutal for us, as two of our three daily options ideas posting significant upswings on the day. A bearish play we’ve been tracking since Monday morning’s premarket report also tacked on a solid new high as well.

Our daily targets to blast off in defiance of the overall trends on the heels of their earnings drops were the TJX Weekly $56-58 Calls, and the ZIM Weekly $66-68 Calls. Monday’s idea was the WIX Weekly $70 Puts. Here were the overall moves and total possible profits associated with those targets: 

TJX Weekly $56-58 Calls
$56: 
3.70-7.00 (+89%)
$57: 2.75-5.85 (+113%)
$57.50: 2.41-5.52 (+129%)
$58: 1.84-5.03 (+173%)
_____

ZIM Weekly $66-68 Calls
$66: .25-1.00 (+300%)
$67: .20-.70 (+250%)
$68: .20-.55 (+175%)
____

WIX Weekly $70 Puts
$70: 2.80-8.00 (+186%)


Fresh Options Ideas: 
SPY 05/20 $390-388 Puts
KSS Weekly $41-39 Puts
BJ Weekly $55 Calls
SNPS Weekly $270-280 Calls


Pacific Ventures Group, Inc. PACV – OTC Recap:

On the stock side of things, one of the OTC plays we flagged in yesterday morning’s extended watchlist
had a monster day, so we wanted to pass along a brief update on PACV’s daily performance. From a morning low of .0223, it blasted off to a high of .11, which represents an intraday run of 393%


Extended Watchlist:
INDP, SIGA, TNXP, IMAC, GTCH, INTK, ICOA, GGSM, MJWL,