Friday’s Big Runners, Monday’s Fresh Plays

Huge Options Gainers:

We’re starting off this fresh trading week much the same as we start all of them- by rehashing the potential of our options trading ideas from Friday. Both of our quick-strike ideas with contracts that were expiring at the end of the day turned in big time performances for ourselves and our readers.

Our designated targets for the day were the NKE Weekly $87-84 Puts, and the SPY 09/30 $361-363 Calls, and in both cases, we were treated to the chance for multi-bag intraday gains of a very impressive nature. Here are the trading ranges and total possible profits that could have been had:

NKE Weekly $87-84 Puts
$87:
 1.43-4.00 (+180%)
$86: .82-3.05 (+272%)
$85: .43-2.00 (+365%)
$84: .19-1.00 (+426%)
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SPY 09/30 $361-363 Calls
$361: 
2.07-5.23 (+153%)
$362: 1.63-4.40 (+170%)
$363: 2.05-5.23 (+155%)


Fresh Options Ideas:
SPY 10/03 $359-361 Calls
*
BRZE 11/18 $30-35 Calls
TTGT 10/21 $60 Calls

*These calls expire at the end of today’s session. Please don’t try this idea unless you are an experienced daytrader! 


Global Tech Industries Group, Inc. GTII – OTC Recap:

Many of you will be getting used to seeing updates on GTII, because we’ve been tracking this OTC play for quite some time.

Following our recent observed low of .85 following our alert on the morning September 23rd, GTII has now exploded to new highs, touching 5.83 in the premarket this morning. That figures in as an overall increase of 586% in just a shade over a single trading week!


Extended Watchlist:
TONR, OWUV, GPOX, WDRP, WLD, ACOR, FNHC, LOGC, MYOV, LVWR

Solid Stock and Options Calls

Myovant Sciences Ltd. MYOV

In yesterday morning’s premarket report, we included MYOV in our Extended Watchlist for the day. It was a stroke of perfect timing, as it would end up the day’s top traded play on the NASDAQ.

The stock had been trading in a lackluster fashion for an extended time period, but the company’s revelation of completed prostate cancer treatment trials and plans to submit to the FDA, helped generate some really nice activity in the stock that is spilling over into the premarket today.

We’ve seen two distinct swings thus far, with MYOV first running from 12.64-17.16 (+36%) yesterday, before pulling back to 10.37. In the premarket this morning it has surged back to 15.31, a 48% upswing. We’ll be eager to continue tracking this interesting activity.



Kohls Corp. KSS

We also had a range of bearish options ideas in the Kohl’s chain in yesterday morning’s newsletters, and thanks to a poor showing on earnings, we saw deep decline in KSS stock despite the fact that we are headed into the thick of retail season.

Our ideas were the Kohls Corp. KSS Weekly $53.50-51 Puts, which put forth the following gain opportunities on the day:

$53 Calls – Range: 3.07-5.92 – Max Gain: 93%
$52.50 Calls – Range: 2.80-5.30 – Max Gain: 89%
$52 Calls – Range: 2.64-5.00  – Max Gain: 89%
$51.50 Calls – Range: 2.10-4.30 – Max Gain: 105%
$51 Calls – Range: 1.80-4.00  – Max Gain: 122%

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Fresh Options Idea
Target Corp. TGT Weekly $119-123 Calls 
Canopy Growth Corp. CGC Weekly $15.50-16.50 Calls


Extended Watchlist:
BAS, YTEN, CTST, I, SGLB, OCGN, DFFN, CTMX, CRZO

Join Our Private Traders Chats!

Foresight Energy (LP) FELPU

Our first order of business today is to highlight a call that was made by a member of our daily traders chats on Skype. As you can see in the included snapshot, “DJ” offered up an alert to the group on Friday morning, and the stock responded with a two day rally from .03 to .135. That works out to a total upswing of 350%

This is also a great example of why we encourage our readers to join in our daily private traders chats. Anyone can get in on the action, simply by sending a skype contact request to the user “stocksumo”. We look forward to seeing some of you there!


Fresh Options Idea
Kohls Corp. KSS Weekly $53.50-51 Puts 
Home Depot Inc. HD Weekly $227.50-232.50 Calls


Extended Watchlist:
VNTR, CNSP, MYOV, CNSP, PGNY, BAS, DRNA, GNPX, JKS, ASND