Fantastic Options Success

SPDR S&P500 (ETF) SPY – Recap

On Friday morning, we focused on quite a few fresh options ideas that were hitting our scanner, and with the help of a solid day for stocks in general, we saw a good amount of opportunity for success.

That also meant our running and new ideas for the SPY posted some nice figures on the day. We had been tracking SPY Weekly $340-341 Calls and we added the SPY Weekly $344-345 Calls to the radar as well.

Here were the final numbers on all of those, with some huge gains on the table: 

$340
: .98-7.80 (+696%)
$341: .75-6.24 (+732%)
$344: 1.48-3.41 (+130%)
$345: .81-2.51 (+222%)


More Options Recaps

As we mentioned above, we had quite a few options targets we were looking to ride into the close on Friday. That included targets in the CGC, X and BBBY chains, and each one of them was a good pick. Here are the potential gains that could’ve been made off of those plays:

CGC Weekly $18 Calls
$18
: .08-.37 (+363%)
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X Weekly $8 Calls
$8: .39-.73 (+87%)
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BBBY Weekly $21-22 Calls
$21: .43-.89 (+107%)
$22: .03-.09 (+200%)



Fresh Options Ideas:
SPY Weekly $349-351 Calls
AAPL Weekly $118.75-121 Calls


Inspyr Therapeutics, Inc. NSPX – Chatroom Call

This is a good time to remind all of our readers (that means YOU) of your open invite into our daily live traders chats on Skype. We are always catching last minute plays that don’t make it into our premarket reports.

Such was the case on Friday when we tagged NSPX before the open as you can see on the snapshot below. The stock turned around and posted a range of .0059-.0269 on the day, for a whopping 356% rip!

NSPX Acquires Novel Immuno-Onoclogy Precision Targeting Platform – 10/08

Get yourself onto Skype and send a contact request to username “stocksumo” and we’ll get you observing and/or participating in our live chats right away! All are welcome!


Extended Watchlist:
ABQQ, GAXY, DSGT, EXROF, CBBT, 

Options Updates, Fresh Ideas

Options Updates
.
Johnson & Johnson JNJ – 
We initially made the longer-term call on the JNJ 09/18 $150-155 Calls at the beginning of last week, and yesterday morning as part of an update on those targets we also gave a more immediate idea with the JNJ Weekly $134-137 Calls. The markets absolutely ripped yesterday, and that catapulted both sets of ideas to new heights.


Here are the updated highs on last Monday’s September calls, as well as the single-session ranges on the weeklies:

09/18 $150-155 Calls
$150: 2.90-5.80 (+100%)
$155: 2.27-4.00 (+76%)

JNJ Weekly $134-137 Calls.
$134: 3.19-7.20 (+126%)
$135: 2.54-6.00 (+136%)
$136: 2.09-3.95 (+89%)

We would also like to roll up to include the Weekly $140-142 Calls on our watchlist.

______

SPDR S&P500 (ETF) SPY – We also signaled interest in a range of SPY calls in yesterday morning’s ;premarket report, highlighting the Weekly $258-260 Calls.

The bullish day for stocks across the board facilitated some very good moves in those three contract sets on the session. We expect these gains to be extended at the open, as the markets are gapping up once again this morning in early trading.

Weekly $258-260 Calls 
$258: 4.07-10.66 (+162%)
$259: 3.61-9.98 (+176%)
$260: 3.11-9.25 (+197%)


Extended  Watchlist:
CRON, TLRY, CGC, GUSH, BSGM, ALTD, HALB, DECN, NSPX, OZSC, 

SPY Puts & More

Options Review

The fresh options ideas in the streaming video space we offered up in yesterday’s premarket report fared well for their first session, making strong moves despite a shaky day for stocks in general.

We had the NFLX Weekly $365-372.50 Calls and the ROKU Weekly $87.50-89 Calls on watch, and each contract in our designated ranges produced gain opportunities of a significant nature. 

NFLX Weekly $365-372.50 Calls
$365: 9.90-20.80 (+110%)
$367.50: 8.91-18.67 (+110%)
$370: 7.49-16.80 (+124%)
$372.50: 6.51-15.05 (+131%)

ROKU Weekly $87.50-89 Calls
$87.50: 4.24-8.19 (+93%)
$88: 3.70-7.15 (+93%)
$88.50: 3.45-6.43 (+86%)
$89: 3.09-6.50 (+110%)
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Fresh Idea:
SPY Weekly $250-248 Puts


Yesterday’s OTC Movers

As we’ve mentioned previously, in times of uncertainty on the big exchanges, it is not unusual to see more opportunities for quick-strike OTC trades. We’ve been including some penny stocks in our daily watchlists, and the big winners from yesterday’s report were Abco Energy, Inc. ABCE and Inspyre Therapeutics, Inc. NSPX, which produced the following chances on the day:

ABCE: .0006-.0015 (+98%)
NSPX: .0192-.0378 (+110%)