NKLA, BBBY Options Winners

Nice Options Gainers 

On Friday morning, we wrapped up an exciting week of options trading by highlighting the ideas we had formulated which produced sizable gains all week. Those included the NKLA Weekly $21.50-23 Calls as well as the BBBY Weekly $16-18 Calls.

They had already both recorded multibag gains going into Friday, and we witnessed more big opportunities intraday. Here were the total possible (massive) gains that were on the table during Friday’s session:

NKLA Weekly $21.50-23 Calls 
$21.50: 1.30-4.40 (+238%)
$22: .94-4.00 (+326%)
$22.50: .69-3.50 (+407%)
$23: .25-3.25 (+1200%)

BBBY Weekly $16-18 Calls
: 2.30-4.85 (+111%)
$16.50: 2.00-4.35 (+118%)
$17: 1.50-3.77 (+151%)
$17.50: 1.10-3.33 (+203%)
$18: .63-2.75 (+337%)

Fresh Options Idea:
NTES 10/23 $90-91

OTC Runners 

A couple of OTC plays that we highlighted last week went on to post solid performances. On Monday of last week, we signaled interest in tracking Patient Access Solutions, Inc. PASO and on TuesdayClickStream Corp. CLIS via our extended watchlist. Readers can get wrapped up in our main feature plays and sometimes forget to monitor our extended watchlists.

In the case of PASO we witnessed a run from .0181 to .0403, an increase of 121% and CLIS brought a big move from .0162-.06, which works out to a gain of 270%

Options HOT Streak!

Options Roundup

Yesterday brought more extreme success in the options trading arena for us, as we formulated two new ideas that worked out nicely, as well as increasing our strike field on the SPY by an extra two sets of contracts.

Our initial targets from Wednesday were the SPY Weekly $334-335 Calls, and we rolled up to include the $336 and $337’s as well. In each case, we saw some nice gains on the day yesterday:

SPY Weekly $334-335 Calls
$334: 2.47-4.87 (+97%)
$335: 2.00-5.64 (+182%)
$336: 1.88-2.95 (+57%)
$337: 1.46-2.35 (+61%)

The two fresh options plays that we highlighted were the NKLA Weekly $21.50-23 Calls and the BBBY Weekly $16-18 Calls, and in both cases, we saw some fantastic opportunities to profit.

NKLA Weekly $21.50-23 Calls 
$21.50: 1.17-5.40 (+362%)
$22: .91-5.20 (+471%)
$22.50: .66-4.57 (+592%)
$23: .50-4.16 (+732%)

BBBY Weekly $16-18 Calls
: 1.55-4.20 (+171%)
$16.50: 1.57-3.80 (+142%)
$17: 1.28-3.30 (+158%)
$17.50: .93-2.79 (+200%)
$18: .26-2.46 (+846%)

We also saw some more really great moves out of the UBER Calls we began tracking on Tuesday morning, including a ten-bagger!

UBER Weekly $34.50-36 Calls
: .68-3.35 (+392%)
$35: .39-2.58 (+561%)
$35.50: .25-2.29 (+816%)
$36: .15-1.81 (+1040%)

ABCO Energy, Inc. ABCE 

After mounting a run from .0004 up to .0009 as we mentioned in yesterday morning’s report, we cautioned readers that the stock had traded massive volume, and that we’d be on the lookout for a continuation of momentum.

That’s just what ended up happening, as ABCE pushed to a new high .0013. That extends our two-day observed gains on this play to 225%

Extended Watchlist:

SPY on a Run, Fresh Options Ideas

Options Recap

Yesterday morning, despite reactions to the presidential debates causing a premarket dip in the markets, we decided to go bullish on the SPY, as four positive economic reports had also just dropped. Our hunch proved to be beneficial right from the opening bell as the markets spent the majority of the day ripping.

Our targets were the SPY Weekly $334-335 Calls, and both sets of contracts produced double bag gain chances for us. We did see a pullback late in the day after these runs, bringing them down to new lows, and based on this morning’s premarket activity, we should have another opportunity to see some big upswings from there.

SPY Weekly $334-335 Calls
$334: 2.45-5.55 (+126%)
$335: 2.21-4.81 (+117%)

We are also going to want to roll up to include the SPY $336-337 Calls on our watchlist.  


Fresh Options Idea:
BBBY Weekly $16-18 Calls
NKLA Weekly $21.50-23 Calls 

ABCO Energy, Inc. ABCE – Recap

Also included in yesterday’s report was a tag of ABCE in our extended watchlist, which is most typically where you can find our penny stock plays. It put together a solid multibag run from .0004 up to a high of .0009. That works out to an intraday gain of 125%

Based off of the momentum we saw yesterday, with the stock trading right around a billion and a half shares (over 26X the 30-day average volume), we will want to continue to monitor this play as well.

Extended Watchlist: