Reviewing Friday’s Movers

Reviewing Friday’s Movers 

We’re going to kick off the fresh trading week this morning by going over the performances of the plays we submitted in Friday’s premarket report. Those included targets in the US Steel, Cleveland-Cliffs, and Capital One options chains. It was a wrap-up to an already successful week, and we ended it on a high note.

We had the X Weekly $8.50 Calls, the CLF Weekly $8.50-9 Calls, and the COF Weekly $78-80 Calls, and they all produced significant moves on the day. Here’s a rundown of the kinds of gains that were on the table for traders:

X Weekly $8.50 Calls 

$8.50: 1.11-1.86 (+68%)
_____

CLF Weekly $8.50-9 Calls
$8.50
: .18-.64 (+255%)
$9: .09-.32 (+255%)
_____

COF Weekly $78-80 Calls
$78: 2.06-3.71 (+80%)
$78.50: 1.79-3.35 (+87%)
$79: 2.06-3.03 (+47%)
$80: 1.50-2.43 (+62%)
_____

Fresh Options Ideas:
NRZ $9-8 Puts
SAP $130-120 Puts



Spartan Energy Acquisition Corp. SPAQ

We’re just days away from SPAQ’s vote on a merger with Electric Vehicle maker, Fisker, whose new EV set for launch, ‘The Ocean’, is laying claim to the title of ‘Most Sustainable Vehicle Ever’.

It’s an interesting scenario, and with the stock at a relative low on the chart at the moment, we are going to place some longer term options on watch, with the SPAQ 12/18 $10-12.50 Calls.


Extended Watchlist:
ARLP, CBBT, CSLI, NSPX, OPTI, TWOH

NSPX’s Incredible 11-Bag Run

Inspyr Therapeutics, Inc. NSPX

We have been talking about NSPX all week so far beginning in Monday morning’s newsletter, in which we mentioned bringing this play to the participants of our daily live traders chatroom on Friday morning. The stock has been on fire, pushing to new highs ever since.

Friday’s low came in at .0059, and as the stock reached an incredible new high mark of .0718 yesterday, that means in just 3 trading days, NSPX has recorded a PPS increase of 1,117%

Even those who only saw this week’s mentions in our premarket reports, the gains on NSPX from a low of .0154 have been a very impressive 366% But this illustrates why all of our regular readers should be participating in our live traders chats on skype. The potential gains off of this alert would have been over 700% higher to those in the chatroom.

Just send a Skype contact request to “stocksumo” to get invited to the chat and avoid missing these kinds of gains in the future!  


Beyond Meat, Inc. BYND 

We submitted a fresh options idea yesterday morning going bearish on BYND with the BYND Weekly $187.50-182.50 Puts. Quick traders could have bagged the following gains right from the starting gate in the opening minutes of the session:

BYND Weekly $187.50-182.50 Puts
$187.50
: 4.67-8.75 (+122%)
$185: 4.41-7.20 (+144%)
$182.50: 3.19-5.72 (+157%)


Fresh Options Ideas:
GS Weekly $210-215 Calls
INFY Weekly $16 Calls
VOXX Weekly $7.50-10 Calls  


Extended Watchlist:
BEGI, MMMM, CLOW, AAGC, PUGE,

AAPL Options Still Hot

SPY and AAPL Calls Breakout 

The first order of business on our docket this morning is to highlight the success we had in yesterday’s premarket report with our fresh options targets. We had signaled the SPY Weekly $349-351 Calls and the AAPL Weekly $118.75-121 Calls for tracking, and both of those ideas were instant winners.

Here’s a rundown of the intraday gains made by those contracts as the markets themselves continued to rip for most of the day.   

SPY Weekly $349-351 Calls
$349: 2.85-6.35 (+122%)
$350: 2.28-5.57 (+144%)
$351: 1.87-4.81 (+157%)
_____

AAPL Weekly $118.75-121 Calls

$118.75: 2.64-7.06 (+167%)
$119: 2.50-6.85 (+174%)
$120: 1.85-6.07 (+228%)
$121: 1.61-5.35 (+232%)
_____

Fresh Options Ideas:
BYND Weekly $187.50-182.50 Puts
AAPL Weekly $125-126 Calls 


Inspyr Therapeutics, Inc. NSPX

We were just updating readers on our chatroom call of NSPX in yesterday morning’s newsletter, which had made a multibag swing on Friday, and the stock opened up the week with another fantastic intraday move.

NSPX ran from a daily low of .0154 and hit .0424 yesterday, an intraday run amounting to 175%


Extended Watchlist:
NWBO, PASO, BEGI, SHWZ, ATVK,