Options Review, Bearish on New Plays

BAC, SYF Options Review: 

We made good on both of the short-term options trading ideas we issued in yesterday morning’s premarket report. with our long -term play needing some more time to mature. We typically steer clear of banks, but occasionally we will take a shot following an earnings drop and we did so successfully with Bank of America.

We were zeroed in on the BAC Weekly $36.50-37.50 Calls, as well as the SYF Weekly $37-39 Calls, which also produced significant intraday gain opportunities for us on the day. The daily ranges and total possible profits off of those ideas were as follows:

BAC Weekly $36.50-37.50 Calls 

$36.50: 1.18-2.86 (+142%)
$37: .84-2.35 (+179%)
$37.50: .56-1.90 (+239%)
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SYF Weekly $37-39 Calls
$37:
2.20-3.46 (+57%)
$38: .85-2.45 (+188%)
$39: .39-1.75 (+348%)


Fresh Options Ideas:
HAL Weekly $41.50-40.50 Puts
LMT Weekly $460-465 Puts


Casa Systems Inc. CASA – Recap:

Another winner from yesterday morning’s report was CASA, which we tagged for the first time in our extended watchlist. The stock would go on to place as the top gainer on the NASDAQ for the day. From an early low of 5.63, CASA ran to a high of 7.18, marking down a respectable intraday run of 28%


Extended Watchlist:
LCLP, RVVTF, LRTNF, SEII, STSS, AYTU, TBLT, AXSM, NAVB

New Highs in CROX Calls, Fresh Ideas

Options Reviews: 

Another day, another pair of rock solid options gainers! The holiday season has brought the typical earnings dry period, but we’re still scouring for other opportunities wherever they may be found.

Our freshest hit is from yesterday morning’s report in the BBIO chain, and we signaled interest in some CROX calls this past Thursday morning. Those targets were the BBIO 02/18 $12.50-15 Calls  and the CROX 01/21 $150-155 Calls, and here are the resulting moves we witnessed following our alerts on each:

BBIO 02/18 $12.50-15 Calls 
$12.50: 1.85-3.10 (+68%)
$15: 1.50-2.15 (+43%)

CROX 01/21 $150-155 Calls
$150: 
.90-3.04 (+238%)
$155: .64-2.14 (+234%)


Fresh Options Ideas:
CALM 01/21 $37.50-35 Puts
FCEL Weekly $5.50-5.00 Puts


OTC Runners 

We’ve also got a pair of OTC stocks that we’ve been tracking that are producing some good new highs for us this week. Below you’ll find the overall moves and total possible gains on ICNM and USEI since we flagged them in our daily reports on the dates listed.

Icon Media Holdings Inc. ICNM 
Alerted: Dec. 13th
Range: .0007-.0021
Gained: +200%
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US Energy Initiatives Corp. USEI 
Alerted: Dec. 27th
Range: .0015-.0028
Gained: +87%


Extended Watchlist:
PIXY, CPOP, YGMZ, NRXP, NEW, JD, TSOI, ICTY, ABQQ, LCLP, PLYN, BORK, CGSI, ROAG

Options Review, Fresh Ideas

Major Options Success:

We try our best to consistently form a steady stream of varied options targets for ourselves and our readers. On Friday we submitted three ideas in our premarket report, and we are pleased to pass along the excellent opportunities to profit that they created during Friday’s session.

Our interests included targets in the MU, SHW, and SPY chains, and as it turned out, each and every target that we put forth produced nice moves on the day. Here are the trading ranges and total possible gains that were recorded.

MU Weekly $91-93 Calls

$91: .47-1.88 (+300%)
$92: .09-.94 (+944%)
$93: .03-.28 (+833%)
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SHW 04/16 $246.67-250 Calls
$246.67: 3.50-5.70 (+63%)
$250: 1.90-4.30 (+126%)
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SPY Weekly $397-398 Calls
$397: 1.69-4.00 (+137%)
$398: 1.03-2.97 (+188%)


Fresh Options Ideas:
SPY Weekly $401-403 Calls 

EBS 09/17 $95 Calls


Extended Watchlist: 
OZSC, SGMD, SPZI, PSWW, AFPW, EVUS, LCLP, FERN, RTON, NUUU, USRM, ICNM